Common use of Transfer Request Clause in Contracts

Transfer Request. If the Fellow resigns from employment at the Host Organisation, the Fellow may request that the conduct of the Grant Activities and the Funding are transferred to a new host organisation (the Transfer Request) and the provisions of this clause 16 shall apply. Snow Medical reserves the right, in its absolute discretion: (a) to terminate this agreement under clause 15.3; (b) to suspend or reduce payment of the Funds; and/or (c) to approve the Transfer Request and require the Host Organisation to respond positively and punctually to the Transfer Request, including without limitation, to transfer: (i) any unexpended Funds to the new host organisation; (ii) any Equipment to the new host organisation; and (iii) the records and Research Materials to the new host organisation to enable the Project to be undertaken at the new host organisation in accordance with the requirements specified in the new host organisation’s funding agreement with Snow Medical, in such circumstances, the Host Organisation must pr o mp t l y do all things necessary and complete and sign all necessary documents to facilitate the Transfer Request.

Transfer Request. If the Fellow resigns from employment at the Host Organisation, the Fellow may request that the conduct of the Grant Activities and the Funding are transferred to a new host organisation (the Transfer Request) and the provisions of this clause 16 shall apply. Snow Medical reserves the right, in its absolute discretion: (a) to terminate this agreement under clause 15.3; (b) to suspend or reduce payment of the Funds; and/or (c) to approve the Transfer Request and require the Host Organisation to respond positively and punctually to the Transfer Request, including without limitation, to transfer: (i) any unexpended Funds to the new host organisation; (ii) any Equipment to the new host organisation; and (iii) the records and Research Materials to the new host organisation to enable the Project to be undertaken at the new host organisation in accordance with the requirements specified in the new host organisation’s funding agreement with Snow Medical, in such circumstances, the Host Organisation must pr o mp t l prom ptl y do all things necessary and complete and sign all necessary documents to facilitate the Transfer Request.

Transfer Request. If the Fellow resigns from employment at the Host Organisation, the Fellow may request that the conduct of the Grant Activities and the Funding are transferred to a new host organisation (the Transfer Request) and the provisions of this clause 16 shall apply. Snow Medical reserves the right, in its absolute discretion: (a) to terminate this agreement under clause 15.3; (b) to suspend or reduce payment of the Funds; and/or (c) to approve the Transfer Request and require the Host Organisation to respond positively and punctually to the Transfer Request, including without limitation, to transfer: (i) any unexpended Funds to the new host organisation; (ii) any Equipment to the new host organisation; and (iii) the records and Research Materials to the new host organisation to enable the Project to be undertaken at the new host organisation in accordance with the requirements specified in the new host organisation’s funding agreement with Snow Medical, in such circumstances, the Host Organisation must pr o mp t l y prompt ly do all things necessary and complete and sign all necessary documents to facilitate the Transfer Request.