Common use of Remaining Balance Clause in Contracts

Remaining Balance. In the event the Grantee does not submit invoices requesting all of the funds encumbered under this Grant Agreement, any remaining funds revert to the State. The State Water Board will mail a Notice of Project Completion letter to the Grantee stating that the project file is closed, the final invoice is being processed for payment, and any remaining balance will be disencumbered and unavailable for further use under the Grant Agreement.

Appears in 13 contracts

Sources: Local Oversight Program Grant Agreement, Grant Agreement, Drought Response Outreach Program for Schools Grant Agreement

Remaining Balance. In the event the Grantee does not submit invoices requesting all of the funds encumbered under this Grant Agreement, any remaining funds revert to the State. The State Water Board will mail a Notice of Project Completion letter to the Grantee stating that the project Project file is closed, the final invoice is being processed for payment, and any remaining balance will be disencumbered and unavailable for further use under the Grant Agreement.

Appears in 12 contracts

Sources: Grant Agreement, Grant Agreement, Grant Agreement

Remaining Balance. In the event the Grantee does not submit invoices requesting all of the funds encumbered under this Grant Agreement, any remaining funds revert to the State. The State Water Board will mail a Notice of Project Completion letter to the Grantee stating that the project file is closed, the final invoice is being .being processed for payment, and any remaining balance will be disencumbered and unavailable for further use under the Grant Agreement.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement

Remaining Balance. In the event the Grantee does not submit invoices requesting all of the funds encumbered under this Grant Agreement, any remaining funds revert to the State. The State Water Board will mail a Notice of Project Completion letter to the Grantee stating that the project file is closed, the final invoice is being processed for payment, and any remaining balance will be disencumbered and unavailable for further use under the Grant Agreement.

Appears in 2 contracts

Sources: Grant Agreement, Grant Agreement

Remaining Balance. In the event the Grantee does not submit invoices requesting all of the funds encumbered under this Grant Agreement, any remaining funds revert to the State. The State Water Board will mail a Notice of Project Completion letter to the Grantee stating that the project file is closed, the final invoice is being processed for paymentreimbursement, and any remaining balance will be disencumbered and unavailable for further use under the Grant Agreement.

Appears in 1 contract

Sources: Oscf Assessment/Cleanup Grant Agreement