Common use of Unexpended Proceeds Clause in Contracts

Unexpended Proceeds. Grantee shall complete the Project on or before the Project Completion Deadline. Grantee shall immediately repay to DAS, unless DAS otherwise directs, any portion of the Grant disbursed to Grantee, and any interest earned by Grantee on the Grant disbursement, that are not used for Project Costs or that remain after the earliest of (i) the Project Completion Date, (ii) the date this Agreement has expired or is terminated; or (iii) the Project Completion Deadline.

Unexpended Proceeds. Grantee shall complete the Project on or before by the Project Completion DeadlineDate. Grantee shall immediately repay to DAS, unless DAS otherwise directs, any portion of the Grant disbursed to Grantee, and any interest earned by Grantee on the Grant disbursement, that are not used for Project Costs or that remain after the earliest of of (ia) the Project Completion DateDeadline, (iib) the this date that this Agreement has expired or is terminated; or (iiic) the Project Completion Deadlinethird anniversary of the sale date of the Bonds, which is expected to be in [ ].