Common use of Financial Consequences for Failure to Timely and Satisfactorily Perform Clause in Contracts

Financial Consequences for Failure to Timely and Satisfactorily Perform. Failure to complete all deliverables in accordance with the requirements of this Agreement, and in particular, as specified in Section II.C., Deliverables, of Attachment 1, Scope of Work will result in assessment by DEO of the specified financial consequences. If applicable, should the Parties agree to a corrective action plan, the plan shall specify the applicable financial consequences to be applied after the effective date of the corrective action plan. This provision for financial consequences shall in no manner affect DEO’s right to terminate the Agreement as provided elsewhere in this Agreement.

Appears in 9 contracts

Samples: Grant Agreement, Grant Agreement, Defense Reinvestment Grant Agreement

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Financial Consequences for Failure to Timely and Satisfactorily Perform. Failure to complete all deliverables in accordance with the requirements of this Agreement, and in particular, as specified in Section II.C., Deliverables, of Attachment 1, Scope of Work Agreement will result in assessment by DEO of the specified financial consequences. If applicable, should the Parties agree to a corrective action plan, the plan shall specify the applicable financial consequences to be applied after the effective date of the corrective action plan. This provision for financial consequences shall in no manner affect DEO’s right to terminate the Agreement as provided elsewhere in this Agreement.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

Financial Consequences for Failure to Timely and Satisfactorily Perform. Failure to complete all deliverables in accordance with the requirements of this Agreement, and in particular, as specified in Section II.C., Deliverables, of Attachment 1Attachment1, Scope of Work will result in assessment by DEO of the specified financial consequences. If applicable, should the Parties agree to a corrective action plan, the plan shall specify the applicable financial consequences to be applied after the effective date of the corrective action plan. This provision for financial consequences shall in no manner affect DEO’s right to terminate the Agreement as provided elsewhere in this Agreement.

Appears in 1 contract

Samples: Grant Agreement

Financial Consequences for Failure to Timely and Satisfactorily Perform. Failure to complete all deliverables in accordance with the requirements of this Agreement, and in particular, as specified above in Section II.C.4, Deliverables, of Attachment 1, Scope of Work will result in assessment by DEO of the specified financial consequences. If applicable, should the Parties agree to a corrective action plan, the plan shall specify the applicable financial consequences to be applied after the effective date of the corrective action plan. This provision for financial consequences shall in no manner affect DEO’s right to terminate the Agreement as provided elsewhere in this DEO’s Core Agreement.

Appears in 1 contract

Samples: Grant Agreement

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Financial Consequences for Failure to Timely and Satisfactorily Perform. Failure to complete all deliverables in accordance with the requirements of this Agreement, and in particular, as specified above in Section II.C.5, Deliverables, of Attachment 1, Scope of Work will result in assessment by DEO of the specified financial consequences. If applicable, should the Parties agree to a corrective action plan, the plan shall specify the applicable financial consequences to be applied after the effective date of the corrective action plan. This provision for financial consequences shall in no manner affect DEO’s right to terminate the Agreement as provided elsewhere in this Agreement.

Appears in 1 contract

Samples: Grant Agreement

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