Common use of TERMINATION OF AGREEMENT BY TMA Clause in Contracts

TERMINATION OF AGREEMENT BY TMA. (a) The Director, TMA or designee, may terminate this agreement upon written notice, for cause, if the ACSP is found not to be in compliance with the provisions set forth in 32 CFR 199.6, or is determined to be subject to the administrative remedies involving fraud, abuse, or conflict of interest as set forth in 32 CFR 199.9. Such written notice of termination shall be an initial determination for purposes of the appeal procedures set forth in 32 CFR 199.10. (b) In addition, the Director, TMA or designee, may terminated this agreement without cause by giving the ACSP written notice not less than 45 days prior to the effective date of such termination.

Appears in 5 contracts

Samples: Participation Agreement, Participation Agreement, Participation Agreement

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TERMINATION OF AGREEMENT BY TMA. (a) The Director, TMA TMA, or designee, may terminate this agreement upon written notice, for cause, if the ACSP is found not to be in compliance with the provisions set forth in 32 CFR 199.6, or is determined to be subject to the administrative remedies involving fraud, abuse, or conflict of interest as set forth in 32 CFR 199.9. Such written notice of termination shall be an initial determination for purposes of the appeal procedures set forth in 32 CFR 199.10. (b) In addition, the Director, TMA TMA, or designee, may terminated this agreement without cause by giving the ACSP written notice not less than 45 days prior to the effective date of such termination.

Appears in 2 contracts

Samples: Participation Agreement, Participation Agreement

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TERMINATION OF AGREEMENT BY TMA. (a) The Director, TMA or designee, may terminate this agreement upon written notice, for cause, if the ACSP is found not to be in compliance with the provisions set forth in 32 CFR 199.6, or is determined to be subject to the administrative remedies involving fraud, abuse, or conflict of interest as set forth in 32 CFR 199.9. Such written notice of termination shall be an initial determination for purposes of the appeal procedures set forth in 32 CFR 199.10. (b) In addition, the Director, TMA or designee, may terminated terminate this agreement without cause by giving the ACSP written notice not less than 45 days prior to the effective date of such termination.

Appears in 1 contract

Samples: Participation Agreement

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