Common use of Agency Default Clause in Contracts

Agency Default. Agency will be in default under this Agreement if Agency fails to perform, observe, or discharge any of its covenants, agreements, or obligations under this Agreement.

Appears in 5 contracts

Sources: Intergovernmental Grant Agreement, Subrecipient Agreement, Intergovernmental Grant Agreement

Agency Default. Agency will be in default under this Agreement if upon the occurrence of any of the following events: (a) Agency fails to perform, observe, observe or discharge any of its covenants, agreements, or obligations under this Agreement; or, (b) Any representation, warranty or statement made by Agency in this Agreement or in any documents or reports relied upon by Local Government is untrue in any material respect when made.

Appears in 1 contract

Sources: Intergovernmental Agreement

Agency Default. DRAFT Agency will be in default under this Agreement if Agency fails to perform, observe, observe or discharge any of its covenants, agreements, or obligations under this Agreement.

Appears in 1 contract

Sources: Intergovernmental Agreement