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. <br />. ' <br />• _ , <br />_q_ ~ <br />3. The Government shall have the right to terminate for cause all <br />or any part of its obligation hereunder if: <br />a. Any representation made by the Grantee/Borro4•ier to the <br />Governnient in connection with the application for Government <br />, assistance shall be incorrect or incomplete in any material <br />respect. <br />b. The Grantee/Borrower fails to comp1y tivith the essential <br />condition of this Agreement, that it shall diligently pursue <br />the development of this Project to ensure completion vlithin <br />the 1ength of time proposed in the'Offer. Failure to m°et <br />the schedule in the Offer may cause the Government to ter-- , <br />minate the Offer of Grant. It is expressly unclerstood and <br />agreed that the Grantee/Borrower shall notify the Regional <br />Director in the event delays occur which substantially <br />affect the accomplishment of the Project. <br />c. The intent and purpose of the Project is changed sub- <br />stantially so as to significantly affect the accomplishment <br />..of the Project as intended. <br />d. The Grantee/Borrower has violated commitments made by <br />it in its application and supportina documents or has ; <br />violated any of tfie terms oi- conditions of this Agreement. : <br />e. Any official, employee, architect, attorney, engineer <br />. or inspector of or for the Grantee/Borrower or any Federal, <br />State or local official or represenl:ative, becomes direct1y <br />or indirectly int.erested financially in the acquisition of <br />• any materials or equipment, or in any construction for the <br />. Project, or in the furnishings of any service to or in <br />connection with the Project, or in any b2nefit arising <br />therefrom. . <br />f.`'The Grantee/Borrower fails to report immediately to <br />the*Government any change of authorized representative(s) <br />' acting in lieu of or in behalf of the Grantee/Borrower. <br />4. The ob7igations hereunder may be terminated for convenience <br />if: a. 8oth the Grantee/Borrower and the Government agree that- <br />continuation of the Project would not produce heneficial <br />results commensurate with the further expenditure of funds. <br />b. Both the Grantee/Borroiier and the Government shall agree <br />~ upon the termination conditions, including the effective <br />ri date and, in ihe case of partial terminations, the partion <br />° to be terminated. <br />c. 7he Grantee/Borrower agrees to incur no new obl i gati ons <br />for the terminated.portion after the effective da-te and to <br />cancel or satisfy all outstanding obligations as of that date. <br />