GRANT TERMINATION Sample Clauses
The Grant Termination clause establishes the conditions under which a grant may be ended before its originally agreed-upon expiration date. Typically, this clause outlines the specific events or breaches—such as failure to meet project milestones, misuse of funds, or mutual agreement—that can trigger early termination. By clearly defining these circumstances, the clause provides both parties with a framework for ending the grant relationship in an orderly manner, thereby managing risk and ensuring accountability.
GRANT TERMINATION. The initial term of this Grant shall commence on 07/01/2023 and shall continue in effect until 06/30/2024 unless terminated sooner pursuant to the provisions of this Agreement.
GRANT TERMINATION. The Company hereby grants to the Participant Options to purchase a total of Fifteen Thousand (15,000) shares of Common Stock of the Company, exercisable as provided in the vesting schedule set forth in Section 4 below at Two Dollars ($2.00) per share (the “Option Price”). These Options shall terminate 12 months after the Participant’s death or total disability, or ten years from the Award Date.
GRANT TERMINATION. This grant may be terminated by ALSF upon written notice to Sponsoring Institution and authorized institutional representative at the Sponsoring Institution if a) the Recipient is unable to carry out the research for any reason; b) the Recipient or any member of their research team is found by an institutional investigation to have committed scientific misconduct or fraud; c) the Recipient has failed to comply with any of the terms and conditions of this award; d) ALSF has determined that the Recipient has received overlap funding for the award or that the funds are not being used for the purposes originally outlined in the approved grant; or e) the IRB and/or IACUC approval for the grant has been rescinded or has not been renewed.
GRANT TERMINATION. The Company hereby grants to the Optionee Options to purchase a total of 2,000,000 shares of Common Stock of the Company, exercisable as provided in the Exercise Schedule set forth in Section 5 below at $1 per share (the “Exercise Price”). These Options shall terminate immediately upon Optionee’s termination of employment by the Company for Cause; twelve months after the Optionee’s termination of employment by the Company for other than Cause or voluntary termination of employment by Optionee; 12 months after the Optionee’s death or total disability; or ten years from the Award Date. For purposes of this Award Agreement, the term “Cause” means engaging in any activity adverse, contrary or harmful to the interests of the Company, including, but not limited to: (i) conduct related to the Optionee’s employment for which either criminal or civil penalties have been awarded against the Optionee, (ii) violation of Company policies, including, without limitation, the Company’s discrimination, harassment or ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ policies, (iii) accepting employment with or serving as a consultant, advisor or in any other capacity to an entity that is, or proposes to be, in competition with or acting against the interests of the Company, including employing or recruiting any present, former or future employee of the Company
GRANT TERMINATION. The initial term of this Grant shall commence on July 1, 2021 and shall continue in effect until Grantee to abide by any law, rule, procedure or policy that Grantee has received notice from either DCF or the State of Kansas; the inability to submit a valid Kansas Certificate of Tax Clearance for Grantee from the Kansas Department of Revenue; Grantee or any of its employees is found to be debarred or suspended. In the event DCF terminates this grant for cause, Grantee will be provided written notice of the reasons therefore.
GRANT TERMINATION. Foundation, in its sole discretion, may terminate this Agreement if (i)Grantee ceases to be exempt from Federal income taxation under IRC 501(c)(3);
GRANT TERMINATION. KDADS may terminate this Grant without prior notice upon making the determination that termination is necessary to avoid harm to the public, to prevent fraud or abuse, or to protect public funds. In the event that Grantee fails to perform a material provision of this Grant, KDADS may, in addition to such other remedies provided for by law, terminate this Grant or delay payment until KDADS verifies ▇▇▇▇▇▇▇'s performance hereunder.
GRANT TERMINATION. The CPAF shall have the right to terminate the Grant Agreement on not less than 1 year notice at any time if it determines in its discretion either that: (i) it is unable to attract funds from donors or otherwise no longer has the means to continue funding the Grant as originally contemplated; (ii) it determines that the Ministry is not pursuing, either in the PPA covered by the Grant Agreement, or in PPAs in Georgia generally, conservation objectives that are consonant with the Caucasus Eco-Regional Plan.
GRANT TERMINATION. The initial term of this Grant shall commence on 3/1/2024 and shall continue in effect until 6/30/2025 unless terminated sooner pursuant to the provisions of this Agreement. Termination for cause: This Grant may be terminated immediately by DCF for cause. Cause for immediate termination is limited to the following: ▇▇▇▇▇▇▇'s failure to perform the requirements and conditions set forth in its Grant; Grantee's material breach of the terms and conditions of the grant; the willful breach, habitual neglect, or other continued failure of the Grantee to abide by any law, rule, procedure or policy that Grantee has received notice from either DCF or the State of Kansas; the inability to submit a valid Kansas Certificate of Tax Clearance for Grantee from the Kansas Department of Revenue; Grantee or any of its employees is found to be debarred or suspended. In the event DCF terminates this grant for cause, Grantee will be provided written notice of the reasons therefore.
GRANT TERMINATION. If the Fund determines, in its sole discretion, that Grantee has substantially violated or failed to carry out any provision of this Agreement, including but not limited to failure to submit reports when due, the Fund may, in addition to any other legal remedies it may have, refuse to make any further grant payments to Grantee under this or any other grant agreement, and the Fund may demand the return of al 1 or part of the unexpended grant funds, which Grantee shall immediately repay to the Fund. The Fund may also avail itself of any other remedies available by law.