Common use of Recovery of Fees Clause in Contracts

Recovery of Fees. At any time, the Foundation may recover from the Institution, as a debt due to the Foundation, any part of the Fees which: (a) the Foundation is not reasonably satisfied has been expended in accordance with this Agreement; (b) is unexpended at the completion of a Phase or the expiration or termination of this Agreement; or (c) the Foundation deems appropriate for a failure by the Institution to meet the objectives set out in Schedule 2; or (d) at any time during the Term a third party either funds the Research or agrees to fund the Research.

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

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Recovery of Fees. At any time, the Foundation may recover from the InstitutionResearcher, as a debt due to the Foundation, any part of the Fees which: (a) the Foundation is not reasonably satisfied has been expended in accordance with this Agreement; (b) is unexpended at the completion of a Phase or the expiration or termination of this Agreement; or (c) the Foundation deems appropriate for a failure by the Institution Researcher to meet the objectives set out in Schedule 2; or (d) at any time during the Term a third party either funds the Research or agrees to fund the Research.

Appears in 1 contract

Samples: Research Agreement

Recovery of Fees. At any time, the Foundation may recover from the InstitutionResearcher, as a debt due to the Foundation, any part of the Fees which: (a) the Foundation is not reasonably satisfied has been expended in accordance with this Agreement; (b) is unexpended at the completion of a Phase or the expiration or termination of this Agreement; or (c) the Foundation deems appropriate for a failure by the Institution Researcher to meet the objectives set out in Schedule 2; or (d) at any time during the Term a third party either funds the Research or agrees to fund the Research.

Appears in 1 contract

Samples: Research Agreement

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Recovery of Fees. At any time, the Foundation may recover from the Institution, as a debt due to the Foundation, any part of the Fees which: (a) the Foundation is not reasonably satisfied has been expended in accordance with this Agreement; (b) is unexpended at the completion of a Phase or the expiration or termination of this Agreement; or (c) the Foundation deems appropriate for a failure by the Institution to meet the objectives set out in Schedule 2; or (d) at any time during the Term a third party either funds the Research or agrees to fund the Research.

Appears in 1 contract

Samples: Funding Agreement

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