Grantor Evaluation Sample Clauses
The Grantor Evaluation clause establishes the criteria and process by which the grantor's qualifications, capabilities, or compliance are assessed before or during the execution of an agreement. Typically, this clause outlines the standards the grantor must meet, such as financial stability, legal standing, or performance history, and may require the submission of supporting documentation or allow for periodic reviews. Its core practical function is to ensure that the grantor is suitable and reliable, thereby reducing the risk of default or non-performance for the other party.
Grantor Evaluation. As required by ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ agrees to cooperate with Grantor’s evaluation of the grant project, conducted either by Grantor or external parties.
Grantor Evaluation. As required by Grantor, Grantee agrees to cooperate with Grantor’s evaluation of the grant project, conducted either by Grantor or external parties. Grantee agrees to cooperate with Grantor’s evaluation during and after the grant period of performance. Grantee understands that failure to cooperate could affect the terms of this Agreement and any future grant funding opportunity.