Common use of REVERTING FUNDS AND DISENCUMBRANCE Clause in Contracts

REVERTING FUNDS AND DISENCUMBRANCE. In the event the Recipient does not submit Reimbursement Requests for all funds encumbered under this Agreement timely, any remaining funds revert to the State. The State Water Board may notify the Recipient that the project file is closed, and any remaining balance will be disencumbered and unavailable for further use under the Agreement. EXHIBIT C – GENERAL TERMS AND CONDITIONS 2019-NOV GENERAL TERMS AND CONDITIONS 2019-NOV is posted at xxxxx://xxx.xxxxxxxxxxx.xx.xxx/water_issues/programs/grants_loans/general_terms.html and replicated below:

REVERTING FUNDS AND DISENCUMBRANCE. In the event the Recipient does not submit Reimbursement Requests for all funds encumbered under this Agreement timely, any remaining funds revert to the State. The State Water Board may notify the Recipient that the project file is closed, and any remaining balance will be disencumbered and unavailable for further use under the Agreement. EXHIBIT C – GENERAL TERMS AND CONDITIONS 2019-NOV GENERAL TERMS AND CONDITIONS 2019-NOV is incorporated by reference and is posted at xxxxx://xxx.xxxxxxxxxxx.xx.xxx/water_issues/programs/grants_loans/general_terms.html and replicated below:EXHIBIT D – SPECIAL CONDITIONS

REVERTING FUNDS AND DISENCUMBRANCE. In the event the Recipient does not submit Reimbursement Requests for all funds encumbered under this Agreement timely, any remaining funds revert to the State. The State Water Board may notify the Recipient that the project file is closed, and any remaining balance will be disencumbered and unavailable for further use under the Agreement. EXHIBIT C – GENERAL TERMS AND CONDITIONS 2019-NOV GENERAL TERMS AND CONDITIONS 2019-NOV is posted at xxxxx://xxx.xxxxxxxxxxx.xx.xxx/water_issues/programs/grants_loans/general_terms.html and replicated below: