Agency Program Sample Clauses

Agency Program. The Agency will be responsible for performing the activities detailed in Exhibit A, which may be amended from time to time, and is hereby incorporated by reference (“Program Description”). As a reimbursement-based program, tasks and deliverables contained in the Program Description must be conducted in a manner satisfactory to Grantee and in compliance with applicable federal and state requirements, laws, and regulations. Grantee will monitor the performance of the Agency against goals and performance standards as stated in the Program Description. The Agency must perform (and document to Grantee) the entire Program Description, even if the funds provided hereunder do not cover 100% of the costs of performance. Substandard performance as reasonably determined by Xxxxxxx, in its sole discretion, will constitute noncompliance with this MOU. If the Agency does not take action to correct such substandard performance within a reasonable period of time (as determined by Grantee) after being notified by Xxxxxxx, Xxxxxxx may choose not to reimburse the Agency for noncompliant and/or unallowable work and/or take action to suspend or terminate this MOU or other actions as permitted under applicable law. Nothing in this MOU shall waive or otherwise limit the actions Grantee may take or the remedies Grantee may seek as a result of any noncompliance by the Agency.

Related to Agency Program

  • Program 3.01 The Recipient declares its commitment to the Program and its implementation. To this end:

  • Flood Insurance With respect to each Mortgaged Property, obtain flood insurance in such total amount as the Administrative Agent or the Required Lenders may from time to time reasonably require, if at any time the area in which any improvements located on any Mortgaged Property is designated a “flood hazard area” in any Flood Insurance Rate Map published by the Federal Emergency Management Agency (or any successor agency), and otherwise comply with the National Flood Insurance Program as set forth in the Flood Disaster Protection Act of 1973, as amended from time to time.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!