University Board Procedures for Revoking Contract Sample Clauses

The 'University Board Procedures for Revoking Contract' clause outlines the formal process by which a university's governing board may terminate or rescind an existing contract. Typically, this clause specifies the steps the board must follow, such as providing notice to the other party, conducting a review or hearing, and documenting the reasons for revocation. For example, it may apply if a contractor fails to meet performance standards or violates university policies. The core function of this clause is to ensure that contract revocation is handled transparently and fairly, protecting both the university's interests and the rights of the contracting party.
University Board Procedures for Revoking Contract. Except for the automatic revocation process set forth in Section 10.7 or the termination of Contract by the University Board in Section 10.2, the University Board’s process for revoking the Contract is as follows:
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