Financial Irregularity definition

Financial Irregularity includes fraud or other impropriety, mismanagement, and the use of the Grant for purposes other than those intended by MOPAC;
Financial Irregularity includes (but is not limited to) potential fraud or other impropriety, mismanagement, and the use of grant for any purpose other than those stipulated in this Agreement
Financial Irregularity includes (but is not limited to) potential fraud or other impropriety, mismanagement, and the use of the Grant for any purpose other than those stipulated in the Grant Funding Agreement. The Grant Recipient may be required to provide statements and evidence to the TSA or the appropriate organisation, such as the Police, as part of pursuing sanctions, criminal or civil proceedings.

Examples of Financial Irregularity in a sentence

  • Notwithstanding Clauses 19.6 and 19.7, where termination is due to any Financial Irregularity, the relevant Partner shall repay to CEPI the amount of funds related to such Financial Irregularity activity within [***] of the notice of termination and CEPI shall not be required to make any payments to such Partner pursuant to Clauses 19.6 and 19.7 unless and until such repayment has occurred in full.


More Definitions of Financial Irregularity

Financial Irregularity means any fraudulent use of the Grant, any misuse of the Grant or any other fraud or financial impropriety in connection with the Grant.
Financial Irregularity means an intentional misstatement or omission of information relating to a financial transaction or matter. The term includes embezzlement, fraud, and the falsification of records to misappropriate assets.
Financial Irregularity has the meaning described in Clause 19.4.6.
Financial Irregularity any fraud or other impropriety, mismanagement or misuse of the Funding.
Financial Irregularity means any fraud or other impropriety, mismanagement or misuse of the Grant Funding.
Financial Irregularity includes, regardless of the amount, any fraud or other impropriety, mismanagement, whether deliberate or unintended, and the use of the Grant for purposes other than the Project;

Related to Financial Irregularity

  • PPSR means the Personal Property Securities Register established under Personal Property Securities Act 2009 (Cth);

  • Financial Report means the annual financial report prepared under Chapter 2M of the Corporations Act for the Company and its controlled entities;

  • Applicable Accounting Standards means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.