Common use of Termination and Survival of Terms Clause in Contracts

Termination and Survival of Terms. Unless this Agreement is terminated earlier or is extended by the mutual written agreement of the Parties, the offer to provide Project Funds in accordance with this Agreement will terminate on March 31, 2021. However, other terms of the Agreement including without limitation those terms listed below will survive the completion or the failure to complete the Property securement contemplated by this Agreement and shall remain in effect: - section 5 – the Allowable Expenditures, the use of Project Funds and the repayment of Funds where applicable; - section 6 on the Use, transfer, encumbrance and disposition of Property secured under this Agreement; - section 7 on Reporting requirements, Project Evaluation and Audits - section 8 – Default and Remedies - section 11 – Indemnification.

Appears in 3 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Termination and Survival of Terms. Unless this Agreement is terminated earlier or is extended by the mutual written agreement of the Parties, the offer to provide Project Funds in accordance with this Agreement will terminate on March 31, 20212022. However, other terms of the Agreement including without limitation those terms listed below will survive the completion or the failure to complete the Property securement contemplated by this Agreement and shall remain in effect: - section 5 – the Allowable Expenditures, the use of Project Funds and the repayment of Funds where applicable; - section 6 on the Use, transfer, encumbrance and disposition of Property secured under this Agreement; - section 7 on Reporting requirements, Project Evaluation and Audits - section 8 – Default and Remedies - section 11 – Indemnification.

Appears in 3 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

Termination and Survival of Terms. Unless this Agreement is terminated earlier or is extended by the mutual written agreement of the Parties, the offer to provide Project Funds in accordance with this Agreement will terminate on March 31, 20212023. However, other terms of the Agreement including without limitation those terms listed below will survive the completion or the failure to complete the Property securement contemplated by this Agreement and shall remain in effect: - section 5 – the Allowable Expenditures, the use of Project Funds and the repayment of Funds where applicable; - section 6 on the Use, transfer, encumbrance and disposition of Property secured under this Agreement; - section 7 on Reporting requirements, Project Evaluation and Audits - section 8 – Default and Remedies - section 11 – Indemnification.

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

Termination and Survival of Terms. Unless this Agreement is terminated earlier or is extended by the mutual written agreement of the Parties, the offer to provide Project Funds in accordance with this Agreement will terminate on March 31, 20212024. However, other terms of the Agreement including without limitation those terms listed below will survive the completion or the failure to complete the Property securement contemplated by this Agreement and shall remain in effect: - section 5 – the Allowable Expenditures, the use of Project Funds and the repayment of Funds where applicable; - section 6 on the Use, transfer, encumbrance and disposition of Property secured under this Agreement; - section 7 on Reporting requirements, Project Evaluation and Audits - section 8 – Default and Remedies - section 11 – Indemnification.

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

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Termination and Survival of Terms. Unless this Agreement is terminated earlier or is extended by the mutual written agreement of the Parties, the offer to provide Project Funds in accordance with this Agreement will terminate on March 31, 20212020. However, other terms of the Agreement including without limitation those terms listed below will survive the completion or the failure to complete the Property securement contemplated by this Agreement and shall remain in effect: - section 5 – the Allowable Expenditures, the use of Project Funds and the repayment of Funds where applicable; - section 6 on the Use, transfer, encumbrance and disposition of Property secured under this Agreement; - section 7 on Reporting requirements, Project Evaluation and Audits - section 8 – Default and Remedies - section 11 – Indemnification.

Appears in 1 contract

Samples: Funding Agreement

Termination and Survival of Terms. Unless this Agreement is terminated earlier or is extended by the mutual written agreement of the Parties, the offer to provide Project Funds in accordance with this Agreement will terminate on March 31, 20212025. However, other terms of the Agreement including without limitation those terms listed below will survive the completion or the failure to complete the Property securement contemplated by this Agreement and shall remain in effect: - section 5 – the Allowable Expenditures, the use of Project Funds and the repayment of Funds where applicable; - section 6 on the Use, transfer, encumbrance and disposition of Property secured under this Agreement; - section 7 on Reporting requirements, Project Evaluation and Audits - section 8 – Default and Remedies - section 11 – Indemnification.

Appears in 1 contract

Samples: Funding Agreement

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