GRANT TERMINATION AND REFUND. GRANTEE’s obligations under this MOU shall be deemed material. If GRANTEE fails to perform any of its obligations under this MOU, CITY may terminate this MOU upon thirty (30) days advance written notice (“Notice Period”) to GRANTEE, specifying GRANTEE’s breach and providing GRANTEE with either the opportunity to cure the specified breach or the opportunity to commence to cure the specified breach within the Notice Period in those instances where the specified breach cannot reasonably be cured within the Notice Period. In the event GRANTEE fails to cure or to commence to cure the specified breach within the Notice Period, CITY may terminate this MOU. The Director or the Director’s designee is authorized to terminate this MOU on CITY’s behalf. In the event of termination of this MOU, GRANTEE will refund unspent funds or disallowed costs to CITY and understands that this may eliminate the group from future BeautifySJ funding.
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Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding