Assets as Collateral Prohibited Sample Clauses

Assets as Collateral Prohibited. Grantees will not encumber equipment purchased with System Agency funds without prior written approval from the System Agency.
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Assets as Collateral Prohibited. Subrecipients on a cost reimbursement payment method shall not encumber equipment purchased with System Agency funds without prior written approval from the System Agency.
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Assets as Collateral Prohibited. Contractors on a cost reimbursement payment method shall not encumber equipment purchased with Department funds without prior written approval from the Department.
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Related to Assets as Collateral Prohibited

  • Property Inventory and Protection of Assets Grantee will;

  • Government Restricted Rights The Software is commercial computer software subject to RESTRICTED RIGHTS. In accordance with 48 CFR 12.212 (Computer software) or DFARS 227.7202 (Commercial computer software and commercial computer software documentation), as applicable, the use, duplication, and disclosure of the Software by the United States of America, its agencies or instrumentalities is subject to the restrictions set forth in this Agreement.

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