Non-Government Entities. Upon any change of ownership of the GRANTEE which has not been approved by the DISTRICT, provided that such approval shall not be unreasonably withheld so long as the surviving entity agrees to satisfy the obligations of the GRANTEE under this Agreement. A "change of ownership" shall include any merger by the GRANTEE with any other person or entity, any acquisition of all or substantially all of the assets or operations of the GRANTEE or any conversion or other change in the corporate status of the GRANTEE. Sanctions undertaken will be the possible rejection of future proposals based upon specific causes of non-performance.
Appears in 25 contracts
Samples: Grant Agreement, Grant Agreement, Grant Agreement
