Common use of Right of FRA to Terminate Clause in Contracts

Right of FRA to Terminate. a. Upon written notice, the Grantee agrees that FRA may suspend or terminate all or part of the financial assistance provided herein if the Grantee has violated the terms of this Agreement, or if FRA determines that the purposes of the statute under which the Project is authorized would not be adequately served by continuation of Federal financial assistance for the Project. Any failure to make reasonable progress on the Project or other violation of this Agreement that significantly endangers substantial performance of the Project shall provide sufficient grounds for FRA to terminate this Agreement.

Appears in 5 contracts

Samples: Cooperative Agreement, Total Agreement, Federal Railroad Administration Cooperative Agreement

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