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Common use of Activities Abandoned Clause in Contracts

Activities Abandoned. If the Recipient has abandoned the Activities or stated an intention to abandon the Activities, and does not within 10 Business Days of being requested to do so by ACC demonstrate to ACC's satisfaction that the Recipient will proceed with the Activities, ACC may recover an amount up to the total value of the Funding. ACC may not recover under this sub-clause if the Recipient satisfies ACC that it acted on reasonable grounds in deciding to abandon the Activities.

Appears in 4 contracts

Samples: Funding Agreement, Grant Agreement, Grant Agreement

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