Noncompliance – Other Types. In the event that the Grantee otherwise fails to comply with the terms of the Agreement, the IEDC may determine that a default has occurred. The IEDC will provide notice of the default to the Grantee Contract Administrator and allow an opportunity for the Grantee to explain. Should the IEDC find that the explanation is not satisfactory, the IEDC may make an assessment requiring the Grantee to repay claimed incentives, interest and penalties (if any), or the IEDC may seek any other type of remedy.
Appears in 12 contracts
Samples: Grant Agreement, Grant Agreement, Grant Agreement