Common use of Suspension/Termination for Cause Clause in Contracts

Suspension/Termination for Cause. The ARC shall have the right, upon written notice to the Grantee, to suspend or terminate this Agreement for cause, whenever the Federal Co-Chairman determines there is reasonable basis to believe there has been malfeasance, embezzlement, misappropriation, unauthorized application of federal funds or material false statement in the conduct of this Agreement or any other ARC grant agreement.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Novated Grant Agreement

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