Common use of TERMINATION OF PROJECT Clause in Contracts

TERMINATION OF PROJECT. 10.1 When the Project terminates, for any reason whatsoever, the Recipient shall provide the Provider and the HREC with a Termination Report. 10.2 The Termination Report will include, inter alia, reasons for termination, the status of the Project as at termination and the current status of the Materials. 10.3 Termination of the Project may occur under one or more of the following circumstances: 10.3.1 the Project reaches completion; 10.3.2 the Project cannot be carried out by the Recipient for the following reasons: 10.3.2.1 the Donors withdraw consent for use as contemplated hereunder and in such numbers as to render continuation of the Project impracticable or impossible; 10.3.2.2 the Recipient entity dissolves, winds-up or ceases to continue operating for any reason whatsoever; 10.3.2.3 the HREC withdraws approval for the Project in its entirety; 10.3.2.4 either Party terminates the Agreement on reasonable notice; or 10.3.2.5 a force majeure makes continuance of the Project impracticable or impossible. 10.4 The Recipient will, on termination of the project, immediately discontinue using the Material for any purpose whatsoever. 10.5 Destruction, return to the Provider or transfer of Materials will be undertaken by the recipient, or any other arrangements made, with the express approval of the HREC.

TERMINATION OF PROJECT. 10.1 9.1 When the Project terminates, for any reason whatsoever, the Recipient shall provide the Provider and the HREC with a Termination Report. 10.2 9.2 The Termination Report will include, inter alia, reasons for termination, the status of the Project as at termination and the current status of the Materials. 10.3 9.3 Termination of the Project may occur under one or more of the following circumstances: 10.3.1 9.3.1 the Project reaches completion; 10.3.2 9.3.2 the Project cannot be carried out by the Recipient for the following reasons: 10.3.2.1 9.3.2.1 the Donors donors withdraw consent for use as contemplated hereunder and in such numbers as to render continuation of the Project impracticable or impossible; 10.3.2.2 9.3.2.2 the Recipient entity dissolves, winds-up or ceases to continue operating for any reason whatsoever; 10.3.2.3 9.3.2.3 the HREC withdraws approval for the Project in its entirety; 10.3.2.4 9.3.2.4 either Party terminates the Agreement on reasonable notice; or 10.3.2.5 9.3.2.5 a force majeure makes continuance of the Project impracticable or impossible. 10.4 9.4 The Recipient will, will on termination of the projectProject, immediately discontinue using the Material for any purpose whatsoever. 10.5 9.5 Destruction, return to the Provider or transfer of Materials will be undertaken by the recipientRecipient, or any other arrangements made, with the express approval of the HREC.

TERMINATION OF PROJECT. 10.1 9.1 When the Project terminates, for any reason whatsoever, the Recipient shall provide the Provider and the HREC with a Termination Report. 10.2 9.2 The Termination Report will include, inter alia, reasons for termination, the status of the Project as at termination and the current status of the Materials. 10.3 9.3 Termination of the Project may occur under one or more of the following circumstances: 10.3.1 9.3.1 the Project reaches completion; 10.3.2 9.3.2 the Project cannot be carried out by the Recipient for the following reasons: 10.3.2.1 9.3.2.1 the Donors withdraw consent for use as contemplated hereunder and in such numbers as to render continuation of the Project impracticable or impossible; 10.3.2.2 9.3.2.2 the Recipient entity dissolves, winds-up winds -up or ceases to continue operating for any reason whatsoever; 10.3.2.3 9.3.2.3 the HREC withdraws approval for the Project in its entirety; 10.3.2.4 9.3.2.4 either Party terminates the Agreement on reasonable notice; or 10.3.2.5 9.3.2.5 a force majeure makes continuance of the Project impracticable or impossible. 10.4 9.4 The Recipient will, on termination of the project, immediately discontinue using the Material for any purpose whatsoever. 10.5 9.5 Destruction, return to the Provider Provider, or transfer of Materials will be undertaken by the recipient, or any other arrangements made, with the express approval of the HREC.