Common use of Federal Interest Clause in Contracts

Federal Interest. The Recipient agrees that the Federal Government retains a federal interest in all real property, equipment, and supplies acquired or improved for use in connection with a Project (Project property) until, and to the extent that, the Federal Government removes its federal interest.

Appears in 24 contracts

Samples: Demand Rideshare Project Contract, Interlocal Cooperation Contract, www.transit.dot.gov

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Federal Interest. The Recipient agrees that the Federal Government retains a federal interest in all real property, equipment, and supplies acquired or improved for use in connection with a Project project (Project project property) until, and to the extent that, the Federal Government removes its federal interest.

Appears in 2 contracts

Samples: www.transit.dot.gov, www.scdot.org

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Federal Interest. The Recipient agrees that the Federal Government retains a federal interest in all real property, equipment, and supplies acquired or improved for use in connection with with‌ a Project project (Project project property) until, and to the extent that, the Federal Government removes its federal interest.

Appears in 1 contract

Samples: Terms of Agreement

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