Common use of Failure to Maintain Financial Viability Clause in Contracts

Failure to Maintain Financial Viability. The System Agency may terminate the Contract if, in its sole discretion, the System Agency has a good faith belief that Grantee no longer maintains the financial viability required to complete the services and Deliverables, or otherwise fully perform its responsibilities under the Contract.

Appears in 397 contracts

Sources: Contract, Contract, Grant Contract

Failure to Maintain Financial Viability. The System Agency may terminate the Contract if, in its sole discretion, the System Agency has a good faith belief that Grantee no longer maintains the financial viability required to complete the services Services and Deliverables, or otherwise fully perform its responsibilities under the Contract.

Appears in 49 contracts

Sources: Grant Agreement, Grant Contract, Interlocal Cooperation Contract