Common use of Insufficient and Excess Funds Clause in Contracts

Insufficient and Excess Funds. Laboratory shall not be required to continue its research and development activities under this Agreement if the funds provided by Cooperator are insufficient to cover Laboratory's agreed upon costs for such continued activities. Funds not expended by Laboratory shall be returned to Cooperator upon Laboratory's submission of a final fiscal report to Cooperator.

Appears in 4 contracts

Samples: Master Cooperative Research and Development Agreement (Crada) (Helius Medical Technologies, Inc.), Master Cooperative Research and Development Agreement (Crada), Master Cooperative Research and Development Agreement (Crada) (Helius Medical Technologies, Inc.)

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