SHRA definition
Examples of SHRA in a sentence
The SHRA is also within its rights to withhold a portion of Project payments that are legitimate or otherwise if any of contract conditions are not met to its satisfaction, after having consulted with the Grant Recipient.
Notwithstanding the aforegoing, the Grant Recipient shall continue to perform its obligations in terms of this Agreement and shall not be entitled to delay performance or fail to perform as a result of the SHRA exercising its discretion.
Should it transpire that there are any challenges with the flow of funds from the Department of Human Settlements the SHRA will immediately inform the Grant Recipient and Developer.
By granting any extension, the SHRA shall not be deemed to have waived any rights or limit any future existing rights as set out in this Agreement.
In this regard, the SHRA undertakes to act reasonably and to provide the Grant Recipient with such reasonable assistance as it may require to fulfil the Conditions Precedent.