Common use of Termination and Force Majeure Clause in Contracts

Termination and Force Majeure. 19.1 The Funder may terminate this Agreement and any obligation to make future Grant payments thereafter on giving the Recipient three (3) months written notice should it be required to do so by financial restraints. 19.2 If either Party is delayed in carrying any of its obligations under this Agreement due to a circumstance beyond its reasonable control then it shall notify the other Party of the circumstance causing the delay and the period within which to carry out that obligation will be extended by a reasonable period.

Appears in 2 contracts

Sources: Grant Funding Agreement, Grant Funding Agreement