Common use of Refund Provision Clause in Contracts

Refund Provision. If, at any point and for any reason, the Department of Treasury rescinds or seeks to recover from CCG American Rescue Plan Act funds, CCG may rescind the funds subject to this Agreement from Subrecipient. In the event or to the extent that Subrecipient has expended those funds pursuant to the terms of this Agreement, Subrecipient, at CCG or the Department of Treasury’s discretion, may be required to refund those funds to CCG from another source.

Appears in 2 contracts

Sources: Subrecipient Agreement, Subrecipient Agreement