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such termination, SUBRECIPIENT shall only be entitled to <br />reimbursement for approved expenses incurred to the <br />effective date of termination. <br />B. Pursuant to 24 CFR 85.43, if in the event <br />SUBRECIPIENT defaults by failing to fulfill all of any of <br />its obligations hereunder, CITY may declare a default and <br />termination of this agreement by written notice to <br />SUBRECIPIENT, which default and termination shall be <br />effective on a date stated in the notice which is to be <br />not less than ten (10) days after certified mailing or <br />personal service of such notice, unless such default is <br />cured before the effective date of termination stated in <br />such notice. If terminated for cause, CITY shall be <br />relieved of further liability or responsibility under <br />this agreement, or as a result of the termination <br />thereof, including the payment of money, except for <br />payment of approved expenses incurred for services <br />satisfactorily and timely performed prior to the mailing <br />or service of the notice of termination, and except for <br />reimbursement of (1) any payments made for services not <br />subsequently performed in a timely and satisfactory <br />manner, and (2) costs incurred by CITY in obtaining <br />substitute performance. <br />C. The grant of funds under this agreement may be <br />terminated for convenience in accordance with 24 CFR <br />85.44. <br />Page 5 of 8 Pages <br />