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Institutions' as set forth in 24 CFR Part 45. Such SUBRECIPIENTS shall also <br />comply with the provisions of the Uniform Administrative requirements of OMB <br />Circular A-110 (implemented at 24 CFR Part 84, 'Uniform Administrative <br />Requirements for Grants and Agreements with Institutions of Higher Education, <br />Hospitals and Other Non -Profit Organizations) or the related CDBG provision <br />specified in 24 CFR 570.502, <br />XLI. NOTICE OF FINANCIAL INSTABILITY <br />SUBRECIPIENT shall give COUNTY immediate notice of any of the following events: <br />1. That SUBRECIPIENT is unable to meet its financial obligations to its employees, <br />to the state or federal government, or to any creditor. <br />2. That SUBRECIPIENT had written a check drawn on insufficient funds. <br />3. That SUBRECIPIENT has received notice that it has been sued or that a lawsuit <br />against SUBRECIPIENT is pending. <br />4. That SUBRECIPIENT has filed a bankruptcy action. <br />5. That SUBRECIPIENT has sustained or will sustain a loss for which it has <br />insufficient financial resources. <br />6. Any other event that impedes SUBRECIPIENT"s ability to perform under this <br />agreement. <br />XLII. PAYMENT <br />A. Method Of Payment <br />SUBRECIPIENT shall be paid for its services as indicated below. <br />1. Cost -Based Reimbursement (Monthly Expense): Expenses incurred by <br />SUBRECIPIENT and approved by COUNTY shall be reimbursed by COUNTY on <br />a monthly basis. Requests for payment shall be made on COUNTY's Payment <br />Voucher and submitted to COUNTY within twenty-five (25) days after the month <br />of wrvice. This provision will be applicable to the following program: <br />2. Unit of Service Reimbursement: Units of service provided shall be paid by <br />COUNTY on a monthly basis. Requests for payment shall be made on <br />COUNTY'S Unit of Service Reimbursement Voucher or a monthly billing <br />statement and submitted to COUNTY within twenty-five (25) days after the month <br />of service. This provis�p will be applicable to the following program: <br />B. Alternate Method of Payment. Notwithstanding the agreed upon method of <br />payment stated above, COUNTY may at its option refuse to advance all or part of <br />Page 22 <br />