Common use of Unspent Contributions Clause in Contracts

Unspent Contributions. If, at the expiration or termination of the agreement, there remains Contributions that have not been acquitted or spent by the Developer in accordance with the agreement (Unspent Contributions), then: (a) The Developer must notify the Challenge Owner and Department and refund the Unspent Contributions within 10 business days of the termination or expiration of this agreement.

Appears in 3 contracts

Sources: Terms of Participation, Terms of Participation, Terms of Participation