Grant closeout definition

Grant closeout means the process by which the Bureau determines that all applicable administrative actions and all required work of the grant have been completed by the grantee and the Bureau.
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Grant closeout. - means the process by which the Foundation determines that all applicable administrative actions and all required work of the Grant have been completed by the Grantee and the Foundation.
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Grant closeout means the process by which an awarding division determines that all applicable administrative actions and all required work of the grant have been completed by the grantee.
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Examples of Grant closeout in a sentence

  • Unless the FAA authorizes a written extension, the Sponsor must submit all Grant closeout documentation and liquidate (pay-off) all obligations incurred under this award no later than 120 calendar days after the end date of the period of performance.

  • Grant closeout is not considered final until the City is fully satisfied that project objectives have been met, at which point the City will issue a close-out/grant finalization letter to the Subrecipient.

  • Grant closeout is when all required work is completed, administrative ac- tions relating to the completion of work and expenditure of funds have been accomplished, and FmHA or its successor agency under Public Law 103–354 accepts final expenditure informa- tion.

  • Grant closeout is the process by which CSU-ARI determines that all required work and applicable administration has been completed.

  • Grant closeout is when all re- quired work is completed, administra- tive actions relating to the completion of work and expenditure of funds have been accomplished, and Rural Develop- ment accepts final expenditure infor- mation.

  • Unless the FAA authorizes a written extension, the Sponsor must submit all Grant closeout documentation and liquidate (pay-off) all obligations incurred under this award no later than 90 calendar days after the end date of the period of performance (2 CFR § 200.343).The period of performance end date shall not affect, relieve or reduce Sponsor obligations and assurances that extend beyond the closeout of this Grant Agreement.

  • Amounts remaining after closeout of a grant which are required to be re- turned to HUD under the provisions of§ 570.509, Grant closeout procedures, shall be considered as funds available for reallocation unless the appropria- tion under which the funds were pro- vided to the Department has lapsed.[53 FR 34437, Sept.

  • Grant closeout procedures for the Program shall be in accordance with 7 CFR part 3016 or 7 CFR part 3019, as applicable.

  • FNS will not be respon- sible for reimbursing State agencies for unreported expenditures later than one year after the end of the fiscal year in which they were incurred.(c) Grant closeout procedures.

  • Unless the FAA authorizes a written extension, the Sponsor must submit all Grant closeout documentation and liquidate (pay-off) all obligations incurred under this award no later than 90 calendar days after the end date of the period of performance (2 CFR § 200.343).


More Definitions of Grant closeout

Grant closeout means the process by which the commission determines that all applicable administrative actions and all required work of the grant have been completed by the grantee and the commission.
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Grant closeout is the process by which the grant operation is concluded at the expiration of the grant period or following a decision to terminate the grant.
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Grant closeout. - means the process by which a granting agency determines that all applicable administrative actions and all required work of the Grant have been completed by the Recipient and the SBC.
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Related to Grant closeout

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Grant Agreement means the agreement entered into by the Parties, including the Signature Document, these Uniform Terms and Conditions, along with any attachments and amendments that may be issued by the System Agency.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Grant Agreement/Grant Number means Grant Number [Grant Agreement Number] awarded to Grantee.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Option Closing Time has the meaning given to it in Section 16(1);

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Texas Grant Management Standards or “TxGMS” means uniform grant and contract administration procedures, developed under the authority of Chapter 783 of the Texas Government Code, to promote the efficient use of public funds in local government and in programs requiring cooperation among local, state, and federal agencies. Under this Grant Agreement, TxGMS applies to Grantee except as otherwise provided by applicable law or directed by System Agency. Additionally, except as otherwise provided by applicable law, in the event of a conflict between TxGMS and applicable federal or state law, federal law prevails over state law and state law prevails over TxGMS.

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Option Style “Modified American”, as described under “Procedures for Exercise” below Option Type: Call Buyer: Counterparty Seller: Dealer

  • Option Exchange Program means a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient; and

  • Grant Letter means the letter dated March 2019 from the Commissioner to the Recipient which sets out supplementary information in relation to the Grant.

  • Commonwealth Standard Grant Conditions means this document.

  • Contract Award Date means the date of the Contract award notice, which may take the form of a purchase order, signed Contract or Notice of Award, issued by the Authority.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Contract Award Notice means the official notification substantiated by the Notice to Proceed issued by the City Purchasing Agent to the Contractor.

  • Stock Grant Agreement means the agreement between the Company and a Grantee who is awarded Shares under the Plan that contains the terms, conditions and restrictions pertaining to the award of such Shares.

  • Grant Manager means CalRecycle staff person responsible for monitoring the grant.

  • Award Transfer Program means any program instituted by the Committee which would permit Participants the opportunity to transfer any outstanding Awards to a financial institution or other person or entity approved by the Committee.

  • Factors Beyond the HSP’s Control include occurrences that are, in whole or in part, caused by persons, entities or events beyond the HSP’s control. Examples may include, but are not limited to, the following:

  • Award Letter means the letter from the Customer to the Supplier printed above these terms and conditions;