Termination of a Project Sample Clauses

Termination of a Project. 21.1 The grounds and procedures for terminating the agreement as a whole specified in Clause 22 apply mutatis mutandis to a Project Schedule, and either party to a Project Schedule may terminate it in accordance with such clause.
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Termination of a Project. Authority may terminate a Project (and the related CPC) at any time upon thirty (30) days’ prior written notice to Customer. In addition, the following incidents shall be deemed to immediately terminate a Project: (i) closure, abandonment, destruction or material damage to the Facility for which Project Work is being performed; (ii) reduction or elimination of energy savings or other modification to the Project that, in the Authority’s opinion, renders the Project ineligible under the Authority’s requirements for inclusion in its Energy Services Program , whether due to removal, by-passing or alteration of equipment or due to any unforeseen event; (iii) discovery of asbestos or other hazardous material in Customer’s Facility that impedes the execution of the Work; and (iv) failure by Customer to make payment to Authority when due and such payment default continues for a period of thirty (30) days after written notice thereof by Authority to Customer.
Termination of a Project. If any Project covered by this ACC is terminated, all related Program Receipts shall, in accordance with the terms of this CACC and HUD Requirements, become part of another Project administered by the HA. If no public housing Project(s) exists, the remaining personal and real property, and program receipts, shall be distributed (including the possible remittance to HUD) as directed by HUD, consistent with HUD Requirements.

Related to Termination of a Project

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

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