Common use of Termination by Recipient Clause in Contracts

Termination by Recipient. Recipient may terminate this Agreement effective upon delivery of written notice of termination to State, or at such later date as may be established by Recipient in such written notice, if: i. The requisite local funding to continue the Project becomes unavailable to Recipient; or ii. Federal or state laws, rules, regulations or guidelines are modified or interpreted in such a way that the Project is no longer allowable or no longer eligible for funding under this Agreement.

Appears in 8 contracts

Samples: Miscellaneous Agreement, Grant Agreement, Grant Agreement

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Termination by Recipient. Recipient may terminate this Agreement effective upon delivery of written notice of termination to StateODOT, or at such later date as may be established by Recipient in such written notice, if: i. The requisite local funding to continue the Project becomes unavailable to Recipient; or; ii. Federal or state laws, rules, regulations or guidelines are modified or interpreted in such a way that the Project is no longer allowable or no longer eligible for funding under this Agreement. iii. ODOT fails to make payments due in accordance with this Agreement.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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Termination by Recipient. Recipient may terminate this Agreement effective upon delivery of written notice of termination to State, or at such later date as may be established by Recipient in such written notice, if: i. The requisite local funding Upon notification to continue State of its desire to withdraw from eligibility to receive the Project becomes unavailable funds and providing to RecipientState a reason acceptable to State for the withdrawal; or ii. Federal If federal or state laws, rules, regulations or guidelines are modified or interpreted in such a way that the Project is no longer allowable or no longer eligible for funding under this Agreement.

Appears in 2 contracts

Samples: Miscellaneous Agreement, Miscellaneous Agreement

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