Common use of Failure to Carry Out the Project Clause in Contracts

Failure to Carry Out the Project. If, for reasons within its control, the Recipient does not carry out the Project for which its ESWA was made available by FTA, the Recipient must: (i) Repay all Federal Grant funds awarded under the ESWA from all Federal funding sources for all Project activities, facilities, and equipment; and (ii) Pay reasonable interest and penalty charges: (A) As established by FTA before or after FTA provided funding for the ESWA; or (B) Allowable under law.

Appears in 21 contracts

Sources: Master Agreement, Master Agreement, Master Agreement

Failure to Carry Out the Project. If, for reasons within its control, the Recipient does not carry out the Project for which its ESWA was made available by FTA, the Recipient must: (ia) Repay all Federal Grant grant funds awarded under the ESWA from all Federal funding sources for all Project activities, facilities, and equipment; , and (iib) Pay reasonable interest and penalty charges: (A) As established by FTA before or after FTA provided funding for the ESWA; or (B) Allowable under law.

Appears in 6 contracts

Sources: Master Agreement, Master Agreement, Master Agreement

Failure to Carry Out the Project. If, for reasons within its control, the Recipient does not carry out the Project for which its ESWA was made available by FTA, the Recipient must: (ia) Repay all Federal Grant funds awarded under the ESWA from all Federal funding sources for all Project activities, facilities, and equipment; , and (iib) Pay reasonable interest and penalty charges: (A) As established by FTA before or after FTA provided funding for the ESWA; or (B) Allowable under law.

Appears in 6 contracts

Sources: Master Agreement, Federal Asset Transfer Agreement, Master Agreement