XXXXX CLOSEOUT PROCEDURES Sample Clauses

XXXXX CLOSEOUT PROCEDURES. SUBRECIPIENT’s obligation to the COUNTY shall not end until all closeout requirements are completed. Activities during this closeout period shall include, but not be limited to: making final payments, disposing of program assets (including the return of all unused materials, equipment, unspent cash advances, program income balances, and receivable accounts to the COUNTY), and determining the custodianship of records.
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XXXXX CLOSEOUT PROCEDURES. The COUNTY shall provide to the CITY within thirty (30) days of the end date of this agreement, a full accounting of the expenditures of all grant funds. All grant funds unexpended under this Agreement as of the end date of this agreement, including any Program income, shall be retained by the CITY and will no longer be available to the COUNTY for the Program unless authorized by the CITY. Notwithstanding, the terms of this Agreement shall remain in effect during any period that the COUNTY has control over CDBG funds, including program income.
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XXXXX CLOSEOUT PROCEDURES. 1. GRANTEE shall submit documentation to the DEPARTMENT evidencing the purchase(s) of the eligible equipment (Exhibit A) in accordance with Section F of this Agreement. The documentation to be submitted shall, at a minimum, include the invoice and purchase order for each transaction and documentation showing payment was remitted. 2. The DEPARTMENT will review the submitted documentation and, upon approval, will close out the Grant Award under this Agreement. If the actual cost of the eligible equipment (not including sales tax, delivery fee, or any other fees), is less than the Grant Award, GRANTEE shall reimburse the DEPARTMENT the difference between the Grant Award amount and actual cost of the eligible equipment purchase(s). The DEAPARTMENT reserves the right to pursue any legal remedy available to it for GRANTEE’s failure to remit reimbursement to the DEPARTMENT.
Sample 1
XXXXX CLOSEOUT PROCEDURES. SUBRECIPIENT obligation to the CITY and COUNTY shall not end until all closeout requirements are completed. Activities during this closeout period shall include, but not limited to; making final payments, disposing of program assets (including the return of all unused materials, equipment, unspent cash advances, program income balances, and receivable accounts to the CITY as authorized by the County, and determining the custodianship of records.
Sample 1

Related to XXXXX CLOSEOUT PROCEDURES

  • RECOVERY PROCEDURES The nature and severity of any disaster will influence the recovery procedures. One crucial factor in determining how BellSouth will proceed with restoration is whether or not BellSouth's equipment is incapacitated. Regardless of who's equipment is out of service, BellSouth will move as quickly as possible to aid with service recovery; however, the approach that will be taken may differ depending upon the location of the problem.

  • Transaction Procedures All series transactions for the Designated Series shall be consummated by payment to, or delivery by, the Custodian(s) from time to time designated by the Fund (the “Custodian”), or such depositories or agents as may be designated by the Custodian in writing, of all cash and/or securities due to or from the Series. The Subadviser shall not have possession or custody of such cash and/or securities or any responsibility or liability with respect to such custody. The Subadviser shall advise the Custodian and confirm in writing to the Fund all investment orders for the Designated Series placed by it with brokers and dealers at the time and in the manner set forth in Schedule A hereto (as amended from time to time). The Fund shall issue to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Subadviser. The Fund shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon giving proper instructions to the Custodian, the Subadviser shall have no responsibility or liability with respect to custodial arrangements or the act, omissions or other conduct of the Custodian.

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