Common use of Unsatisfactory Progress Clause in Contracts

Unsatisfactory Progress. If KSTC, in its sole and absolute discretion, determines that Grantee or PI has failed to make satisfactory progress in conducting the work of the Project or otherwise is not in compliance with the requirements and provisions of this Grant Agreement, KSTC may terminate this Grant Agreement immediately upon written notice to Grantee. Any remaining unexpended and uncommitted funds shall be returned to KSTC.

Appears in 4 contracts

Samples: Grant Agreement (Zynerba Pharmeceuticals, Inc.), Grant Agreement (Zynerba Pharmeceuticals, Inc.), Grant Agreement (Zynerba Pharmeceuticals, Inc.)

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Unsatisfactory Progress. If KSTC, in its sole and absolute discretion, determines that Grantee or PI has failed to make satisfactory progress in conducting the work of the Project or otherwise is not in compliance with the requirements and provisions of this Grant Agreement, KSTC may terminate this Grant Agreement immediately upon written notice to Grantee. Any remaining unexpended and uncommitted funds shall be returned to KSTCXXXX.

Appears in 2 contracts

Samples: Grant Agreement (Zynerba Pharmeceuticals, Inc.), Grant Agreement (Zynerba Pharmeceuticals, Inc.)

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