Common use of Significant Events Clause in Contracts

Significant Events. Events that have significant impact on the work program shall be reported as soon as they become known. The type of events or conditions that require reporting include problems, delays or adverse conditions that materially affect the ability to attain program objectives. This disclosure shall be accompanied by a statement of the action taken or contemplated, and any state or federal assistance required resolving the situation.

Appears in 11 contracts

Samples: Governmental Operating Agreement, Governmental Operating Agreement, Governmental Operating Agreement

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Significant Events. Events that have significant impact on the work program shall be reported as soon as they become known. The type types of events or conditions that require reporting include problems, delays or adverse conditions that materially affect the ability to attain program objectives. This disclosure shall be accompanied by a statement of the action taken or contemplated, and any state or federal assistance required resolving the situation.

Appears in 1 contract

Samples: Master Agreement

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