Common use of Termination and Suspension Procedures Clause in Contracts

Termination and Suspension Procedures. Upon receipt of, and in accordance with, a termination or suspension notice from USAID as specified above, the recipient must take immediate action to minimize all expenditures and, in the event of termination, cancel all obligations financed by this award to the greatest extent possible. Except as provided in this provision or as approved in writing by the AO, the recipient is not entitled to costs incurred after the effective date of termination.

Appears in 2 contracts

Samples: Cooperative Agreement, amp.gov.md

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Termination and Suspension Procedures. Upon receipt of, and in accordance with, a termination or suspension notice from USAID as specified above, the recipient must take immediate action to minimize all expenditures and, in the event of termination, cancel all obligations financed by this award to the greatest extent possible. Except as provided in this provision or as approved in writing by the AOAgreement Officer, the recipient is not entitled to costs incurred after the effective date of termination.

Appears in 1 contract

Samples: Grant Agreement

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Termination and Suspension Procedures. Upon receipt of, and in accordance with, a termination or suspension notice from USAID as specified above, the recipient must take immediate action to minimize all expenditures and, in the event of termination, cancel all obligations financed by this award to the greatest extent possible. Except Mandatory Standard Provisions & Required as provided in this provision or as approved in writing by the AO, the recipient is not entitled to costs incurred after the effective date of termination.Applicable Standard Provisions

Appears in 1 contract

Samples: Framework Agreement

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