Common use of Recovery of Grant Funds Clause in Contracts

Recovery of Grant Funds. Any Grant Funds disbursed to Recipient under this Agreement that are expended in violation of one or more of the provisions of this Agreement (“Misexpended Funds”) or that remain unexpended on the earlier of the Availability Termination Date or termination of this Agreement must be returned to ODA. Recipient shall return all Misexpended Funds to ODA promptly after ODA’s written demand and no later than fifteen (15) days after ODA’s written demand. Recipient shall return all unexpended Grant Funds to ODA within fourteen (14) days after the earlier of the Availability Termination Date or termination of this Agreement.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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Recovery of Grant Funds. Any Grant Funds disbursed to Recipient under this Agreement that are expended in violation of one or more of the provisions of this Agreement (“Misexpended Funds”) or that remain unexpended on the earlier of the Availability Termination Date or termination of this Agreement must be returned to ODAODOT. Recipient shall return all Misexpended Funds to ODA ODOT promptly after ODAODOT’s written demand and no later than fifteen (15) days after ODAODOT’s written demand. Recipient shall return all unexpended Grant Unexpended Funds to ODA ODOT within fourteen (14) days after the earlier of the Availability Termination Date or termination of this Agreement.

Appears in 2 contracts

Samples: Draft Agreement, Draft Agreement

Recovery of Grant Funds. Any Grant Funds disbursed to Recipient under this Agreement that are expended in violation of one or more of the provisions of this Agreement (“Misexpended Funds”) or that remain unexpended on the earlier of the Availability Termination Date or termination of this Agreement must shall be returned to ODA. Recipient shall return all Misexpended Funds to ODA promptly after ODAXXX’s written demand and no later than fifteen (15) days after ODAXXX’s written demand. Recipient shall return all unexpended Grant Funds to ODA within fourteen (14) days after the earlier of the Availability Termination Date or termination of this Agreement.

Appears in 1 contract

Samples: Grant Agreement

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Recovery of Grant Funds. Any Grant Funds disbursed to Recipient under this Agreement that are expended in violation of one or more of the provisions of this Agreement (“Misexpended Funds”) or that remain unexpended on the earlier of the Availability Termination Date or termination of this Agreement must shall be returned to ODA. Recipient shall return all Misexpended Funds to ODA promptly after ODA’s written demand and no later than fifteen (15) days after ODA’s written demand. Recipient shall return all unexpended Grant Funds to ODA within fourteen (14) days after the earlier of the Availability Termination Date or termination of this Agreement.

Appears in 1 contract

Samples: Grant Agreement

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