Use of Real Property, Equipment, and Supplies. The Grantee understands and agrees that the Federal/State Government retains a Federal/State interest in any real property, equipment, and supplies financed with Federal/State assistance (Project property) until, and to the extent, that the Federal/State Government relinquishes its Federal/State interest in that Project property. With respect to any Project property financed with Federal/State assistance under this Agreement, the Grantee agrees to comply with the following provisions, except to the extent FTA or the Department determines otherwise in writing:
Appears in 3 contracts
Sources: Public Transportation Grant Agreement, Public Transportation Grant Agreement, Public Transportation Grant Agreement