Common use of Disallowed Expenditures Clause in Contracts

Disallowed Expenditures. Upon a determination by RUS that the Awardee did not expend Award funds on Eligible Purposes in accordance with the RUS approved line item Project budget and the Form(s) 481 approved by RUS prior to the advance of funds, RUS may, in its sole discretion:

Appears in 10 contracts

Samples: Loan and Security Agreement, Grant and Security Agreement, Grant and Security Agreement

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Disallowed Expenditures. Upon a determination by RUS that the Awardee Awardees did not expend Award funds on Eligible Purposes in accordance with the RUS approved line item Project budget and the Form(s) 481 approved by RUS prior to the advance of funds, RUS may, in its sole discretion:

Appears in 1 contract

Samples: Grant and Security Agreement

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