PERFORMANCE OF PROJECT WORK Sample Clauses

PERFORMANCE OF PROJECT WORK. A. Period of Performance. Because federal budgetary constraints require the completion of the Project Work by a date certain, TIME IS OF THE ESSENCE to this Agreement. The performance of the Project Work shall begin on or after the execution of this Agreement by the Grantee and shall be completed no later than September 30, 2025 (the “End Date”). Failure of the Subgrantee to satisfactorily complete all Project Work and activities, in the Grantee’s sole discretion, by the End Date shall render this Agreement voidable at the option of the Grantee. In the event this Agreement is voided, the Subgrantee shall not be entitled to any reimbursement under the terms of this Agreement. The End Date shall not be extended. Nothing in this provision shall be construed to limit or restrict the Grantee's right to terminate this Agreement for cause in accordance with Section XIII where the Subgrantee would be entitled to reimbursement in accordance with Section XII of this Agreement.