Common use of Right of FMCSA to Terminate Agreement Clause in Contracts

Right of FMCSA to Terminate Agreement. a. General Right to Suspend or Terminate Assistance Agreement. Upon written notice, the Recipient agrees that FMCSA may suspend or terminate all or part of the financial assistance provided herein if the Recipient has violated the terms of the Grant Agreement or these Provisions and Assurances, or if FMCSA determines that the purposes of the statute under which the Project is authorized would not be adequately served by continuation of Federal financial assistance for the Project. Any failure to make reasonable progress on the Project or other violation of this Agreement that significantly endangers substantial performance of the Project shall provide sufficient grounds for FMCSA to terminate this Agreement. The recipient agrees to give the Federal Motor Carrier Safety Administration at least 90 days’ notice of its intention to terminate this agreement.

Appears in 2 contracts

Samples: Safety Administration Grant Agreement, Administration Grant Agreement

AutoNDA by SimpleDocs

Right of FMCSA to Terminate Agreement. a. General Right to Suspend or Terminate Assistance Agreement. Upon written notice, the Recipient agrees that FMCSA may suspend or terminate all or part of the financial assistance provided herein if the Recipient has violated the terms of the Grant Agreement or these Provisions and Assurances, or if FMCSA determines that the purposes of the statute under which the Project is authorized would not be adequately served by continuation of Federal financial assistance for the Project. Any failure to make reasonable progress on the Project or other violation of this Agreement that significantly endangers substantial performance of the Project shall provide sufficient grounds for FMCSA to terminate this Agreement. The recipient agrees to give the Federal Motor Carrier Safety Administration at least 90 days’ days notice of its intention to terminate this agreement.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.