Common use of AGREEMENT CONSIDERATIONS Clause in Contracts

AGREEMENT CONSIDERATIONS. A. All provisions of this Agreement are contingent upon the district’s full compliance with § 6-20-2501 et. seq., the Partnership Rules and the Commission’s determination the Project continues to be a prudent and resourceful use of state funds, and the ability of the district to meet required times or obtain appropriate waivers and raise specified local resources to support the Project. Any failure of the district in these areas shall be grounds for this Agreement to be deemed null and void by the Commission and for the district to be required to reimburse any partnership funds provided to the district for any partnership project the district failed to maintain compliance on.

Appears in 4 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

AutoNDA by SimpleDocs

AGREEMENT CONSIDERATIONS. A. All provisions of this Agreement are contingent upon the districtDistrict’s full compliance with § 6-20-2501 et. seq., the Partnership Rules and the Commission’s determination the Project continues to be a prudent and resourceful use of state State funds, and the ability of the district District to meet required times or obtain appropriate waivers and raise specified local resources to support the Project. Any failure of the district District in these areas shall be grounds for this Agreement to be deemed null and void by the Commission and for the district District to be required to reimburse any partnership funds provided to the district District for any partnership project the district District failed to maintain compliance on.

Appears in 3 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

AutoNDA by SimpleDocs

AGREEMENT CONSIDERATIONS. A. All provisions of this Agreement are contingent upon the district’s full compliance with § 6-20-2501 2508 et. seq., the Partnership Catastrophic Rules and the Commission’s determination the Project continues to be a prudent and resourceful use of state funds, and the ability of the district to meet required times or obtain appropriate waivers and raise specified local resources to support the Project. Any failure of the district in these areas shall be grounds for this Agreement to be deemed null and void by the Commission and for the district to be required to reimburse any partnership catastrophic funds provided to the district for any partnership catastrophic project the district failed to maintain compliance on.

Appears in 1 contract

Samples: Project Agreement

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