Unsatisfactory Performance/Default. 1. (a) The Grantee acknowledges and agrees that HUD may impose special conditions or restrictions upon the Grantee in accordance with this paragraph 1, with which the Grantee will comply, in order to ensure that all activities and expenditures of grant funds under the Revitalization Plan are properly and efficiently carried out. HUD may impose such conditions or restrictions if HUD determines that the performance of the Grantee, or any subgrantee, under this Grant Agreement is unsatisfactory (whether or not the Grantee is in default in accordance with paragraph 2 below).
Appears in 4 contracts
Samples: Revitalization Grant Agreement, Grant Agreement, Grant Agreement
Unsatisfactory Performance/Default. 1. (a) The Grantee acknowledges and agrees that HUD may impose special conditions or restrictions upon the Grantee in accordance with this paragraph 1, with which the Grantee will comply, in order to ensure that all activities and expenditures of grant funds under the Revitalization Plan are properly and efficiently carried out. HUD may impose such conditions or restrictions if HUD determines that the performance of the Grantee, or any subgrantee, Grantee under this Grant Agreement is unsatisfactory (whether or not the Grantee is in default in accordance with paragraph 2 below).
Appears in 1 contract
Samples: Demolition Grant Agreement
