Terms of Commitment. In the event the Subgrantee has not fulfilled all terms and conditions precedent set forth in this Article IV within thirty (30) days of the Subgrantee’s execution of this Agreement, the Authority’s obligation under this Agreement shall automatically terminate, unless at the Authority’s discretion, the time period is extended in writing.
Appears in 2 contracts
Sources: Grant Agreement, Grant Agreement
Terms of Commitment. In the event the Subgrantee has not fulfilled all terms and conditions precedent set forth in this Article IV within thirty (30) days of the Subgrantee’s execution of this Agreement, the Authority’s obligation under this Agreement shall automatically terminate, unless at the Authority’s discretion, the time period is extended in writing.
Appears in 1 contract
Sources: Grant Agreement