Project Abandonment Clause Samples
The Project Abandonment clause defines the conditions under which a party may discontinue or withdraw from a project before its completion. Typically, this clause outlines the specific circumstances that justify abandonment, such as unforeseen obstacles, lack of funding, or regulatory issues, and may require formal notice to the other party. Its core function is to provide a clear process for ending a project prematurely, thereby managing expectations and reducing disputes if continuation becomes impractical or impossible.
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Project Abandonment. The Borrower shall abandon the Project.
Project Abandonment. If after repeated attempts to begin, continue, or finalize the delivery of services, Customer fails to participate, or becomes otherwise unresponsive to Company requests for a period of three (3) months, the project may be considered abandoned, and Company may reduce any refund the Customer may otherwise be entitled to hereunder to zero, and Customer will have forfeited all rights to receive any refund for services purchased online or as described in the original Order Form.
Project Abandonment. Should SCPDC abandon development and support of My Permit Now system and can no longer fulfill its contractual obligations pursuant to this Agreement, the last stable source code release of My Permit Now Software will be licensed to Licensee under an open source license agreement such as for instance GNU. The specific open source license agreement would be chosen by SCPDC at such time.
Project Abandonment. Should the Subrecipient abandon the project prior to completion, or if the project is not let to construction within two (2) years of the completion of the design due to the delay or actions by the Subrecipient, the Subrecipient shall reimburse WYDOT for the entire cost, including any federal aid portion of the work completed at the time of abandonment.
Project Abandonment. Until satisfaction of the PP1 and PP2 Obligations, Somita shall not abandon the Project, which shall include, without limitation, suspension of construction, operation or maintenance of the Project, except for cessation of operations under care and maintenance.
Project Abandonment. 7.1 Should SCPDC abandon development and support of the MGO system and can no longer fulfill its contractual obligations pursuant to this Agreement, the last stable source code release of MGO Software will be licensed to Licensee under an open-source license agreement such as for instance GNU. The specific open-source license agreement would be chosen by SCPDC at such time.
Project Abandonment. Should SCPDC abandon development and support of MyGovernmentOnline software system and can no longer fulfill its contractual obligations pursuant to the Cooperative Endeavor Use Agreement, the last stable source code release of MyGovernmentOnline Software will be licensed to Licensee under an open source license agreement such as for instance GNU. The specific open source license agreement would be chosen by SCPDC at such time.
Project Abandonment. The Borrower shall abandon such Funded MCA Project;
Project Abandonment. If for any reason Fulcrum abandons development and construction of the Facility, Fulcrum shall provide prompt written notice thereof to WCC, whereupon this Agreement shall immediately terminate and neither Party shall have any continuing obligations or liabilities to the other except as set forth in Section 10.17.
Project Abandonment. (i) Abandonment of all or substantially all of the activities related to the Project for a period of 90 consecutive days, other than (x) as a result of a force majeure event (as defined under the relevant Material Project Document) or (y) in connection with any scheduled maintenance, repairs, forced or scheduled outages; or (ii) a formal, public announcement by the Project Company of a decision to abandon the Project; or (iii) any filing by the Project Company with a Governmental Authority giving notice of the intent or requesting authority to abandon the Project for any reason; or (iv) the suspension of construction of the Project for a period of 90 consecutive days, other than (x) as a result of a force majeure event (as defined under the relevant Material Project Document) or (y) in connection with any scheduled maintenance, repairs, forced or scheduled outages; or