Cancellation Provision. Should the event be cancelled due to inclement weather, the Grantee shall be required to return 50% of the released grant funds. Should the event be cancelled for any other reason, the Grantee shall be required to return 100% of grant funds. In both cases, return of any disbursed funds shall take place within 30 days of the cancellation date. The Town reserves the right to cancel all unpaid milestones if event is cancelled.
Appears in 3 contracts
Sources: Contract, Sample Tourism Grant Contract, Sample Tourism Grant Contract
Cancellation Provision. Should the event be cancelled due to inclement weather, the Grantee shall be required to return 50% of the released grant funds. Should the event be cancelled for any other reason, the Grantee shall be required to return 100% of grant funds. In both cases, return of any disbursed funds shall take place within 30 days of the cancellation date. The Town reserves the right to cancel all unpaid milestones if event is cancelled.
Appears in 2 contracts