Common use of Sufficient Progress Clause in Contracts

Sufficient Progress. Park City agrees that the UDEQ may terminate any Funding Assistance if Park City fails to make sufficient progress to reasonably ensure completion of the requirements specified in this Agreement prior to three years from the effective date of this Agreement. The UDEQ shall determine whether Park City is achieving sufficient progress by examining quarterly reports, the status of each requirement, the milestone schedule and the time remaining in the project period.

Appears in 2 contracts

Sources: Funding Agreement, Volkswagen Eligible Mitigation Action Funding Agreement