Common use of Termination by Recipient Clause in Contracts

Termination by Recipient. Recipient may terminate this Agreement effective upon delivery of written notice of termination to OEM, or at such later date as may be established by Recipient in such written notice, if: 1. Recipient no longer needs the Equipment; or 2. The Equipment is beyond its useful life.

Appears in 3 contracts

Sources: Emergency Management Grant Agreement, Grant Agreement, Grant Agreement

Termination by Recipient. Recipient may terminate this Agreement effective upon delivery of written notice of termination to OEM, or at such later date as may be established by Recipient in such written notice, if: 1. i. Recipient no longer needs the Equipment; or 2ii. The Equipment is beyond its useful life.

Appears in 2 contracts

Sources: State Preparedness and Incident Response Grant Agreement, Grant Agreement