Common use of Suspension of the project Clause in Contracts

Suspension of the project. 1. The coordinator shall immediately inform the Commission of any event affecting or delaying the implementation of the project. 2. The coordinator may propose to suspend the project if force majeure or exceptional circumstances render its execution excessively difficult or uneconomic. The coordinator shall inform the Commission without delay of such circumstances, including all justifications and information relating to the event, as well as an estimation of the date when the work on the project may begin again. The suspension shall be subject to written approval by the Commission and shall take effect on the date when the coordinator receives notification from the Commission of its approval. 3. The Commission may suspend all of the work under the project where it considers that the consortium is not fulfilling its obligations under this grant agreement, in order to re- negotiate with it and propose the necessary amendments to the grant agreement to redress the situation. It shall notify the coordinator without delay of the justifications for suspension as well as of the conditions necessary for the work to be resumed. This suspension shall take effect on the date when the coordinator receives notification from the Commission. 4. During the period of suspension, no costs may be charged to the project. 5. The suspension of the project may be lifted once both parties have agreed on its continuation and, as appropriate, once any necessary modification, including the extension of the duration, has been made by means of a written amendment.

Appears in 5 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs

Suspension of the project. 1. The coordinator shall immediately inform the Commission of any event affecting or delaying the implementation of the project. 2. The coordinator may propose to suspend the project if force majeure or exceptional circumstances render its execution excessively difficult or uneconomic. The coordinator shall inform the Commission without delay of such circumstances, including all justifications and information relating to the event, as well as an estimation of the date when the work on the project may begin again. The suspension shall be subject to written approval by the Commission and shall take effect on the date when the coordinator receives notification from the Commission of its approval. 3. The Commission may suspend all of the work under the project where it considers that the consortium is not fulfilling its obligations under this grant agreement, in order to re- negotiate renegotiate with it and propose the necessary amendments to the grant agreement to redress the situation. It shall notify the coordinator without delay of the justifications for suspension as well as of the conditions necessary for the work to be resumed. This suspension shall take effect on the date when the coordinator receives notification from the Commission. 4. During the period of suspension, no costs may be charged to the project. 5. The suspension of the project may be lifted once both parties have agreed on its continuation and, as appropriate, once any necessary modification, including the extension of the duration, has been made by means of a written amendment.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!