Disposition of Assets Upon Termination. Upon termination of this Agreement any money or assets in possession of SANDAG on behalf of SANDAG-ARJIS after the payment of all liabilities, costs, expenses and charges validly incurred under this Agreement shall be returned to the Charter Member Agencies in proportion to their contributions in the most recently completed fiscal year determined as of the time of termination. In-kind contributions made by SANDAG shall be included in this determination.
Appears in 4 contracts
Samples: Joint Powers Agreement, Joint Powers Agreement, Joint Powers Agreement
