Common use of Grant Period Clause in Contracts

Grant Period. The grantee will have up to three years from the start of the fiscal year in which funds are appropriated to complete the project. If the project is not completed within three years from the start of the fiscal year in which funds are appropriated, the contract shall be terminated and the project funds shall be reverted to the Authority, unless the Authority authorizes an amendment to extend the project agreement.

Appears in 3 contracts

Samples: Grant Award Agreement, Grant Award Agreement, Grant Award Agreement

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Grant Period. The grantee will have up to three years from the start of the fiscal fiSCal year in which funds are appropriated to complete the project. If the project is not completed within three years from the start of the fiscal year in In which funds are appropriated, the contract shall be terminated and the project funds shall be reverted to the Authority, unless the Authority authorizes an amendment to extend the project agreement.. ·

Appears in 1 contract

Samples: Economic Development Authority Grant Award Agreement

Grant Period. The grantee will have up to three years from the start of the fiscal year in which funds are appropriated to complete the project. If the project is not completed within three years from the start of the fiscal year in which funds are appropriated, the contract shall be terminated tenninated and the project funds shall be reverted to the Authority, unless the Authority authorizes an amendment to extend the project agreement.

Appears in 1 contract

Samples: Sub Grant Agreement

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Grant Period. The grantee will have up to three years from the start of the fiscal year in In which funds are appropriated to complete the project. If the project is not completed within three years from the start of the fiscal year in which funds are appropriated, the contract shall be terminated and the project funds shall be reverted to the Authority, unless the Authority authorizes an amendment to extend the project agreement.

Appears in 1 contract

Samples: Economic Development Authority Grant Award Agreement

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