Proponent - SM. (a) It is required that the SM would adopt a similar position if a project terminates under reasonable circumstances. That is, best efforts can be made to recover government contributions, but if there were no proceeds available, repayment would not be expected.
(b) In situations of non-compliance due to misuse or negligence, the SM is expected to take remedies available to recover government contributions.
Proponent - SM. (a) The proponent would be required to indemnify the province for any claims against the Province or CMHC in accordance with the Contribution Agreement.
(b) The SM should also request fulI indemnification from the proponent for any claims against the SM.
