Common use of Project Termination Clause in Contracts

Project Termination. In the event the Project is not progressing as required by the LOA, WRF may terminate that Project and, in such event, will reimburse for the portion of their contribution allocated to the Project which has not already been distributed or earmarked by WRF but not yet invoiced by the Sponsor.

Appears in 3 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

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Project Termination. In the event the Project is not progressing as required by the LOA, WRF may terminate that Project and, in such event, will reimburse for the portion of their contribution allocated to the Project which has not already been distributed or earmarked by WRF WRF, but not yet invoiced by the Sponsor.

Appears in 1 contract

Samples: Letter of Agreement

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