Termination by Programme Operator Clause Samples

Termination by Programme Operator. The Programme Operator can decide to terminate the Contract and the Project Promoter will not have the right to claim damages in at least one of the following circumstances: a) (does not apply to a Project Promoter acting a state budget unit) in the event of a change in legal, financial, technical, organisational or ownership situation of the Project Promoter, which can have a significant impact on the Contract or may give rise to challenging the decision to award project grant; b) if the Project Promoter or any person related to it has committed a serious breach of its obligations, including incorrect implementation of the Activity, as defined in the Contract; c) in an event of force majeure, about which information has been provided in accordance with the provisions of Article 7; d) if the Project Promoter refuses to undergo monitoring or audit by authorised institutions or refuses to comply with recommendations; amount is subject to a financial correction;