Common use of Termination Settlement Clause in Contracts

Termination Settlement. When a Contract is terminated under any section of Section IV or policy DCF.P9.05, Contract Default, the Provider Agency shall be prohibited from incurring additional obligations of Contract funds. The Department may allow costs which the Provider Agency could not reasonably avoid during the Termination process to the extent that said costs are determined to be necessary and reasonable. The Provider Agency and Department shall settle or adjust all accounts in a manner specified by the Department and shall be subject to a final audit under Section 3.13 Audit.

Appears in 11 contracts

Samples: nj.gov, www.nj.gov, nj.gov

AutoNDA by SimpleDocs

Termination Settlement. When a Contract is terminated under any section of Section Article IV of this Contract or policy DCF.P9.05Policy Circular P9.05, Contract Default, the Provider Agency shall be prohibited from incurring additional obligations of Contract funds. The Department may allow costs which that the Provider Agency could not reasonably avoid during the Termination process to the extent that said costs are determined to be necessary and reasonable. The Provider Agency and Department shall settle or adjust all accounts in a manner specified by the Department and shall be subject to a final audit under Section 3.13 Audit.

Appears in 10 contracts

Samples: Agreement, Agreement, njsams.rutgers.edu

Termination Settlement. When a Contract is terminated under any section of Section Article IV of this Contract or policy DCF.P9.05Policy Circular P9.05, Contract Default, the Provider Agency shall be prohibited from incurring additional obligations of Contract funds. The Department may allow costs which that the Provider Agency could not reasonably avoid during the Termination process to the extent that said costs are determined to be necessary and reasonable. The Provider Agency and Department shall settle or adjust all accounts in a manner specified by the Department and shall be subject to a final audit under Section 3.13 3.14 Audit.

Appears in 1 contract

Samples: nj.gov

Termination Settlement. When a Contract is terminated under any section of Section Article IV of this Contract or policy DCF.P9.05Policy Circular P9.05, Contract Default, the Provider Agency shall be prohibited from incurring additional obligations of Contract funds. The Department may allow costs which that the Provider Agency could not reasonably avoid during the Termination process to the extent that said costs are determined to be necessary and reasonable. The Provider Agency and Department shall settle or adjust all accounts in a manner specified by the Department and shall be subject to a final audit under Section 3.13 3.09 Audit.

Appears in 1 contract

Samples: Rem Arrowhead, Inc.

AutoNDA by SimpleDocs

Termination Settlement. When a Contract is terminated under any section of Section IV or policy DCF.P9.05, Contract Default, the Provider Agency shall be prohibited from incurring additional obligations of Contract funds. The Department may allow costs which the Provider Agency could not reasonably avoid during the Termination process to the extent that said costs are determined to be necessary and reasonable. The Provider Agency and Department shall settle or adjust all accounts in a manner specified by the Department and shall be subject to a final audit under Section 3.13 3.09 Audit.

Appears in 1 contract

Samples: nj.gov

Time is Money Join Law Insider Premium to draft better contracts faster.