Common use of Suspension of the Grant Clause in Contracts

Suspension of the Grant. In an emergency situation the Corporation may suspend a Grant for not more than 30 calendar days. Examples of such situations may include, but are not limited to: i. Serious risk to persons or property; ii. Violations of federal, state or local criminal statutes; and iii. Material violation(s) of the Grant or contract that are sufficiently serious that they outweigh the general policy in favor of advance notice and opportunity to show cause.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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