Common use of Notice of Adverse Events Clause in Contracts

Notice of Adverse Events. (a) The Recipient must promptly notify the Agency as soon as it becomes aware of: (i) any material change to any representation and warranty given under this Agreement; (ii) any significant delay or suspension of the Activity, including if the Activity is inactive for more than forty (40) Business Days; or (iii) any other matter that is reasonably likely to adversely affect its conduct of the Activity or its performance of this Agreement; and, in consultation with the Agency, take available steps to lessen the impact of any such adverse event.

Appears in 4 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Notice of Adverse Events. (a) The Recipient must promptly notify the Agency as soon as it becomes aware of: (i) any material change to any representation and warranty given under this Agreement; (ii) any significant delay or suspension of the Activity, including if the Activity is inactive for more than forty (40) Business Days; or (iii) any other matter that is reasonably likely to adversely affect its conduct of the Activity or its performance of this Agreement; , and, in consultation with the Agency, take available steps to lessen the impact of any such adverse event.

Appears in 1 contract

Samples: Funding Agreement

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Notice of Adverse Events. (a) The Recipient must promptly notify the Agency as soon as it becomes aware of: (i) : any material change to any representation and warranty given under this Agreement; (ii) ; any significant delay or suspension of the Activity, including if the Activity is inactive for more than forty (40) Business Days; or (iii) or any other matter that is reasonably likely to adversely affect its conduct of the Activity or its performance of this Agreement; and, in consultation with the Agency, take available steps to lessen the impact of any such adverse event.

Appears in 1 contract

Samples: Funding Agreement

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