Common use of Imposition of Sanctions Clause in Contracts

Imposition of Sanctions. The City reserves the right to impose sanctions on the Non-profit subgrantee for the violation of any of the terms of this Agreement, failure to comply with any terms in this Agreement, or failure to undertake the project in a timely manner. Sanctions may include, but are not necessarily limited to, suspension of grant operations until corrective measures are implemented, withholding any and all project funds, termination of the Agreement, requiring the Non-profit subgrantee to return funds already received, or barring the Non-profit subgrantee from future funding. No sanction may be imposed pursuant to this paragraph unless the (1) City provides the Non-profit subgrantee written notice of the alleged violation of a term of this Agreement or alleged failure to comply with any term of this Agreement which (a) provides a reasonable description of the alleged default or reason for proposed imposition of sanction; (b) demands a cure; and (c) provides a reasonable period of time within which a cure must be affected which is not less than five, nor more than fifteen, business days measured from the actual receipt of said notice; and

Imposition of Sanctions. The City reserves the right to impose sanctions on the Non-profit subgrantee for the violation of any of the terms of this Agreement, failure to comply with any terms in of this Agreement, or failure to undertake the project in a timely manner. Sanctions may include, but are not necessarily limited to, suspension of grant operations until corrective measures are implemented, withholding any and all project funds, termination of the Agreement, requiring the Non-profit subgrantee to return funds already received, or barring the Non-profit subgrantee from future funding. No sanction may be imposed pursuant to this paragraph unless the (1) City provides the Non-profit subgrantee written notice of the alleged violation of a term of this Agreement or alleged failure to comply with any term of this Agreement which (a) provides a reasonable description of the alleged default or reason for proposed imposition of sanction; (b) demands a cure; and (c) provides a reasonable period of time within which a cure must be affected which is not less than five, nor more than fifteen, business days measured from the actual receipt of said notice; and