Common use of Suspension of Payments and Grant Termination Clause in Contracts

Suspension of Payments and Grant Termination. a. CARB reserves the right to issue a grant suspension order in the event that a dispute should arise. The grant suspension order will be in effect until the dispute has been resolved or the grant has been terminated. If the Grantee chooses to continue work on the project after receiving a grant suspension order, the Grantee will not be reimbursed for any expenditure incurred during the suspension in the event CARB terminates the grant. If CARB rescinds the suspension order and does not terminate the grant, CARB will reimburse the Grantee for any expenses incurred during the suspension that are reimbursable in accordance with the terms of the grant.

Appears in 9 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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Suspension of Payments and Grant Termination. a. CARB reserves the right to issue a grant suspension order in the event that a dispute should arise. The grant suspension order will be in effect until the dispute has been resolved or the grant Grant has been terminated. If the Grantee chooses to continue work on the project after receiving a grant suspension order, the Grantee will not be reimbursed for any expenditure incurred during the suspension in the event CARB terminates the grant. If CARB rescinds the suspension order and does not terminate the grant, CARB at its sole discretion will reimburse the Grantee for any expenses incurred during the suspension that are CARB deems reimbursable in accordance with the terms of the grantGrant.

Appears in 2 contracts

Samples: Sample Grant Agreement, Sample Grant Agreement

Suspension of Payments and Grant Termination. a. CARB reserves the right to issue a grant Grant suspension order in the event that a dispute should arise. The grant Grant suspension order will be in effect until the dispute has been resolved or the grant Grant has been terminated. If the Grantee chooses to continue work on the project Project after receiving a grant Grant suspension order, the Grantee will not be reimbursed for any expenditure incurred during the suspension in the event CARB terminates the grantsuspension. If CARB rescinds the suspension order and does not terminate the grantGrant, CARB will CARB, without any obligation to do so, may elect to reimburse the Grantee for any expenses incurred during the suspension that are reimbursable in accordance with the terms of the grantthis Grant Agreement.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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Suspension of Payments and Grant Termination. a. b. CARB reserves the right to issue a grant suspension order in the event that a dispute should arise. The grant suspension order will be in effect until the dispute has been resolved or the grant has been terminated. If the Grantee chooses to continue work on the pilot project after receiving a grant suspension order, the Grantee will not be reimbursed for any expenditure incurred during the suspension in the event CARB terminates the grant. If CARB rescinds the suspension order and does not terminate the grant, CARB at its sole discretion will reimburse the Grantee for any expenses incurred during the suspension that are CARB deems reimbursable in accordance with the terms of the grant.

Appears in 1 contract

Samples: Grant Agreement

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