Common use of Grantee Default Clause in Contracts

Grantee Default. Grantee will be in default under this Agreement if: a) Grantee fails to use the Grant Funds for the intended purpose described in Exhibit A or otherwise fails to perform, observe, or discharge any of its obligations under this Agreement; or b) any representation, warranty, or statement made by Grantee in this Agreement, or any documents relied upon by SoS to measure Grantee’s use of Grant Funds is untrue in any material respect when made; or

Appears in 2 contracts

Sources: Grant Agreement, Grant Agreement