Common use of Imposition of Sanctions Clause in Contracts

Imposition of Sanctions. The City reserves the right to impose sanctions on the Landholder 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. If the City elects to impose sanctions they may include, but are not necessarily limited to, withholding any and all project funds, termination of the Agreement, requiring the Landholder to return funds already received, or barring the Landholder from future funding.

Appears in 2 contracts

Sources: Neighborhood Façade Improvement Agreement, Neighborhood Façade Improvement Agreement