Common use of Activities Abandoned Clause in Contracts

Activities Abandoned. If the Recipient has abandoned the Activities or stated an intention to abandon the Activities, and does not within 10 Business Days of being requested to do so by MPI demonstrate to MPI's satisfaction that the Recipient will proceed with the Activities, MPI may recover an amount up to the total value of the Funding. MPI may not recover under this subclause if the Recipient satisfies MPI that it acted on reasonable grounds in deciding to abandon the Activities.

Appears in 2 contracts

Samples: Sustainable Farming Funding Agreement, www.mpi.govt.nz

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Activities Abandoned. If the Recipient has abandoned the Activities or stated an intention to abandon the Activities, and does not within 10 Business Days of being requested to do so by MPI demonstrate to MPI's satisfaction that the Recipient will proceed with the Activities, MPI may recover an amount up to the total value of the FundingFunding paid to date. MPI may not recover under this subclause sub-clause if the Recipient satisfies MPI that it acted on reasonable grounds in deciding to abandon the Activities. This does not apply where the abandonment is due to an ‘Extraordinary Event’ within the meaning of clause 27.

Appears in 2 contracts

Samples: Sustainable Land Management and Climate Change Funding Agreement, Sustainable Land Management and Climate Change Funding Agreement

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