Common use of Agency Clause in Contracts

Agency. Agency will be in default under this Grant if, after 15 days written notice specifying the nature of the default, Agency fails to perform, observe or discharge any of its covenants, agreements, or obligations under this Grant; provided, however, Agency will not be in default if Agency fails to disburse Grant Funds because there is insufficient expenditure authority for, or moneys available from, the Funding Source.

Agency. Agency will be in default under this Grant if, after 15 days written notice specifying the nature of the default, Agency fails to perform, observe or discharge any of its covenants, agreements, or obligations under this Grant; provided, however, Agency will not be in default if Agency fails to disburse Grant Funds funds because there is insufficient expenditure authority for, or moneys available from, the Funding Source.

Agency. Agency will be in default under this Grant if, after 15 days written notice specifying the nature of the default, Agency fails to perform, observe or discharge any of its covenants, agreements, or obligations under this Grant; provided, however, Agency will not be in default if Agency fails to disburse Grant Funds funds because there is insufficient expenditure authority for, or moneys available from, the Funding Source.Funds. REMEDIES

Agency. Agency will be in default under this Grant Agreement if, after 15 days written notice specifying the nature of the default, Agency fails to perform, observe observe, or discharge any of its covenants, agreements, or obligations under this GrantAgreement; provided, however, Agency will not be in default if Agency fails to disburse the Grant Funds because there is insufficient expenditure authority for, or moneys available from, the Funding Source.. SECTION 17: REMEDIES

Agency. Agency will be in default under this Grant if, after 15 days days’ written notice specifying the nature of the default, Agency fails to perform, observe or discharge any of its covenants, agreements, or obligations under this Grant; provided, however, Agency will not be in default if Agency fails to disburse Grant Funds because there is insufficient expenditure authority for, or moneys available from, the Funding Source.

Agency. Agency will be in default under this Grant if, after 15 days written notice specifying the nature of the default, Agency fails to perform, observe or discharge any of its covenants, agreements, or obligations under this Grant; provided, however, Agency will not be in default if Agency fails to disburse Grant Funds funds because there is insufficient expenditure authority for, or moneys available from, the Funding SourceFunds.