Suspension of Funding. 28.1 Without limiting its other rights, ARENA may at its discretion, suspend payment of the ARENA Funding in whole or in part if:
Suspension of Funding. 12.6 Without limiting clause 12.2, the Department may, in the Department's absolute discretion, immediately stop paying all or part of the Funding on giving written notice to the Organisation if any of the following occurs:
Suspension of Funding. 12.5 The Department may immediately suspend payment of all or part of the Funding if any of the following occurs:
Suspension of Funding. (a) If, in Our reasonable opinion, You:
Suspension of Funding. Upon a Default by Tenant hereunder and during the continuance thereof, Landlord shall have the right to suspend funding of any TI Allowance and Expansion Premises TI Allowance.
Suspension of Funding. 6.6.1. In the event the Council becomes aware of any matter or matters, whether relating to the Grant or the Works or otherwise that it considers may amount to a breach on the part of the Grant Recipient of its obligations under this agreement, the Council may postpone or suspend the payment of any part of the Grant so as to enable the Council and the Grant Recipient to investigate and resolve such matters.
Suspension of Funding a) Funds may be suspended in whole or in part for cause prior to or in lieu of contract termination. Cause shall include, but is not limited to, the following:
Suspension of Funding. The Department may immediately suspend payment of all or part of the Funding if any of the following occurs: the Organisation has failed, or in the Department’s reasonable opinion is likely to fail, to deliver the Activity in accordance with this Agreement; the Organisation has misused or is reasonably suspected to have misused Funding, or has shown an inability to properly manage its Assets; the Organisation has breached the Agreement and notice has been given to the Organisation by the Department under clause 14.1 [Termination of Agreement]; the Department has concerns on reasonable grounds that the Organisation is not financially stable; or
Suspension of Funding. In addition to its rights under clause 16, MLA may suspend payment of any of the Funds by written notice to the Research Organisation if the Research Organisation: does not achieve a Milestone; or is in breach of any of its obligations under this Agreement, until the Milestone is achieved or the breach is rectified, as the case may be, to the reasonable satisfaction of MLA. Assets The Research Organisation must, with the Funds, and in accordance with the Budget, purchase the assets specified in the Budget. The Research Organisation will own any Assets: purchased with the Funds; or developed by the Research Organisation in the course of the Project, for the term of the Project. The Research Organisation acknowledges that MLA will retain ownership of any Assets it provides. The Research Organisation is solely responsible for the safekeeping, maintenance and control of any Assets used for the Project and for all other costs and liabilities associated with the Assets. The Research Organisation acknowledges that the provision of MLA Assets to the Research Organisation may create a security interest in those assets for the purpose of the Personal Property Securities Xxx 0000 (Cth) (PPSA) that is registrable on the Personal Property Securities Register. Upon request by MLA, the Research Organisation will execute any and all documents requested by MLA to perfect its security interest. If MLA registers its security interest under the PPSA: to the extent permitted under the PPSA, MLA and the Research Organisation each agree to contract out of the provisions listed in section 115 of the PPSA; and the Research Organisation waives any rights that it may otherwise have to: receive any notices that it may otherwise be entitled to receive under sections 95, 118, 121, 130, 132 and 135 of the PPSA, and any other relevant sections of the PPSA; and receive a copy of a verification statement confirming registration of a financing statement, or a financing change statement, relating to any security interest that MLA has in an Asset. The Research Organisation must not encumber or, subject to clause 5.10, Dispose of any Asset. On the termination of this Agreement, or earlier if requested by MLA, the Research Organisation must on MLA’s election either: return to MLA all Assets provided by MLA and assign to MLA, at no cost to MLA, ownership of all other Assets free from all encumbrances; or with the approval of MLA, sell any Assets to any other person on arm’s length terms, and dis...
Suspension of Funding. Upon determination by CITY of RECIPIENT’s failure to timely and properly perform each of the requirements, time conditions, and duties provided herein, CITY, without limiting any rights it may otherwise have, may, at its discretion, and upon ten working days written notice to RECIPIENT, withhold further payments to RECIPIENT. Such notice may be given by mail to the Executive Officer and the Board of Directors of RECIPIENT. The notice shall set forth the default or failure alleged, and the action required for cure. The period of such suspension shall be of such duration as is appropriate to accomplish corrective action, but in no event shall it exceed 30 calendar days. At the end of the suspension period, if CITY determines the default or deficiency has been satisfied, RECIPIENT may be restored to full compliance status and paid all eligible funds withheld or impounded during the suspension period. If however, CITY determines that RECIPIENT has not come into compliance, the provisions of Section 25 may be effectuated.
