Common use of Termination of the Grant by the Grantee Clause in Contracts

Termination of the Grant by the Grantee. The Grantee may terminate the Grant by providing written notification to RUS, setting forth the reasons for such termination, the effective date, and, in the case of a partial termination, the portion of Grant funds to be terminated. In the case of a partial termination, if RUS determines that the remaining portion of the Grant will not accomplish the Project, then RUS may terminate the Grant in its entirety, and request reimbursement of all advanced Grant funds.

Appears in 2 contracts

Samples: Distance Learning and Telemedicine Grant Agreement, Distance Learning and Telemedicine Grant Agreement

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Termination of the Grant by the Grantee. The Grantee may terminate the Grant by Grantby providing written notification to RUS, setting forth the reasons for such termination, the effective date, and, in the case of a partial termination, the portion of Grant funds to be terminated. In the case of a partial termination, if RUS determines that the remaining portion of the Grant will not accomplish the Project, then RUS may terminate the Grant in its entirety, and request reimbursement of all advanced Grant funds.

Appears in 2 contracts

Samples: Connectivity Broadband Grant and Security Agreement, Connectivity Broadband Grant Agreement

Termination of the Grant by the Grantee. The In accordance with 2 C.F.R. § 200.339(a)(4) and 2 C.F.R.§ 200.339(b), the Grantee may terminate the Grant by providing written notification to RUS, setting forth the reasons for such termination, the effective date, and, in the case of a partial termination, the portion of Grant funds to be terminated. In the case of a partial termination, if RUS determines that the remaining portion of the Grant will not accomplish the Project, then RUS may terminate the Grant in its entirety, and request reimbursement of all advanced Grant funds.

Appears in 1 contract

Samples: Broadband Grant Agreement

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Termination of the Grant by the Grantee. The Grantee may terminate the Grant by providing written notification to RUS, setting forth the reasons for such termination, the effective date, and, in the case of a partial termination, the portion of Grant funds to be terminated. In the case of a partial termination, if RUS determines that the remaining portion of the Grant will not accomplish the ProjectApproved Purposes, then RUS may terminate the Grant in its entirety, and request reimbursement of all advanced Grant funds.

Appears in 1 contract

Samples: Connectivity Broadband Grant Agreement

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