Common use of Suspension of Funding Clause in Contracts

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

Appears in 2 contracts

Samples: Common Funding Agreement, Common Funding Agreement

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Suspension of Funding. The 6.2The 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; oror the Department has requested the Organisation to suspend all or part of the Activity under clause 12.1.

Appears in 1 contract

Samples: Common Funding Agreement

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Suspension of Funding. The 6.7The 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; oror the Department has requested the Organisation to suspend all or part of the Activity under clause 12.1.

Appears in 1 contract

Samples: Common Funding Agreement

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