Common use of Imposition of Sanctions Clause in Contracts

Imposition of Sanctions. The CITY reserves the right to impose sanctions on SUBRECIPIENT for the violation of any terms of this Agreement, failure to comply with any terms of this Agreement, or failure to undertake the project in a timely manner. Sanctions may include, but are not necessarily limited to, suspension of grant operations until corrective measures are implemented, withholding any and all project funds, termination of this Agreement, requiring SUBRECIPIENT to return funds already received, or barring SUBRECIPIENT from future funding. No sanction may be imposed pursuant to this paragraph unless (1) the CITY provides SUBRECIPIENT written notice of the alleged violation of a term of this Agreement or alleged failure to comply with any term of this Agreement which (a) provides a reasonable description of the alleged default or reason for proposed imposition of sanction; (b) demands a cure; and (c) provides a reasonable period of time within which a cure must be affected which is not less than five, nor more than fifteen business days measured from the actual receipt of said notice; and (2) SUBRECIPIENT fails to cure the alleged default within a reasonable period of time provided for in the notice or as otherwise agreed between the parties.

Appears in 33 contracts

Samples: Subrecipient Agreement, Subrecipient Agreement, Subrecipient Agreement

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Imposition of Sanctions. The CITY City reserves the right to impose sanctions on SUBRECIPIENT the Subrecipient for the violation of any terms of this Agreement, failure to comply with any terms of this Agreement, or failure to undertake the project in a timely manner. Sanctions may include, but are not necessarily limited to, suspension of grant operations until corrective measures are implemented, withholding any and all project funds, termination of this the Agreement, requiring SUBRECIPIENT the Non-profit Subrecipient to return funds already received, or barring SUBRECIPIENT the Non-profit Subrecipient from future funding. No sanction may be imposed pursuant to this paragraph unless the (1) City provides the CITY provides SUBRECIPIENT Non-profit Subrecipient written notice of the alleged violation of a term of this Agreement or alleged failure to comply with any term of this Agreement which (a) provides a reasonable description of the alleged default or reason for proposed imposition of sanction; (b) demands a cure; and (c) provides a reasonable period of time within which a cure must be affected which is not less than five, nor more than fifteen fifteen, business days measured from the actual receipt of said notice; and (2) SUBRECIPIENT the Non-profit Subrecipient fails to cure the alleged default within a the reasonable period of time provided for in the notice or as otherwise agreed between the parties.

Appears in 23 contracts

Samples: Contract Agreement, Contract Agreement, Contract Agreement

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Imposition of Sanctions. The CITY City reserves the right to impose sanctions on SUBRECIPIENT the Non-profit Subrecipient for the violation of any terms of this Agreement, failure to comply with any terms of this Agreement, or failure to undertake the project in a timely manner. Sanctions may include, but are not necessarily limited to, suspension of grant operations until corrective measures are implemented, withholding any and all project funds, termination of this the Agreement, requiring SUBRECIPIENT the Non-profit Subrecipient to return funds already received, or barring SUBRECIPIENT the Non-profit Subrecipient from future funding. No sanction may be imposed pursuant to this paragraph unless the (1) City provides the CITY provides SUBRECIPIENT Non-profit Subrecipient written notice of the alleged violation of a term of this Agreement or alleged failure to comply with any term of this Agreement which (a) provides a reasonable description of the alleged default or reason for proposed imposition of sanction; (b) demands a cure; and (c) provides a reasonable period of time within which a cure must be affected effected which is not less than five, nor more than fifteen fifteen, business days measured from the actual receipt of said notice; and (2) SUBRECIPIENT the Non-profit Subrecipient fails to cure the alleged default within a the reasonable period of time provided for in the notice or as otherwise agreed between the parties.

Appears in 5 contracts

Samples: Contract Agreement, Contract Agreement, Contract Agreement

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