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LA 84 FOUNDATION
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Entry Properties
Last modified
1/3/2012 2:43:38 PM
Creation date
8/10/2009 3:49:34 PM
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Template:
Contracts
Company Name
LA 84 FOUNDATION
Contract #
A-2009-102
Agency
PARKS, RECREATION, & COMMUNITY SERVICES
Council Approval Date
7/6/2009
Destruction Year
0
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SAMPLE <br />EXHIBIT "1" <br />Termination Letter -- Non-Capital Grant Agreement <br />Grantee Name <br />Address <br />Re: Grant # <br />Dear Sir or Madam: <br />This letter has reference to that certain Grant Agreement [the "Grant Agreement"] and any modifications or <br />alterations thereto dated (insert date) between the LA84 Foundation (the "Foundation") and the Organization <br />Name (the "Grantee"). Capitalized terms used herein without further definition have the meanings specified in <br />the Grant Agreement. <br />In consideration of the payment by the Foundation of the final installment of the Grant under the Grant <br />Agreement: <br />1. The Grantee hereby reaffirms all of its executory obligations and duties under the Grant <br />Agreement, including, but not limited to, its obligation to indemnify, defend and hold the Foundation harmless <br />from liabilities and losses pursuant to Paragraph 9 of the Grant Agreement, without setoff or other defense. <br />2. The Grantee represents and warrants that, in the performance of the Grant Agreement and in <br />the planning, arrangement, implementation, sponsoring and conduct of the program, no losses, injuries or <br />damages were sustained by or to any person or property that have not been reported in writing to the <br />Foundation. <br />3. The Grantee represents and warrants (a) that no audit, investigation, proceeding or other inquiry <br />is pending by the internal Revenue Service, the Franchise Tax Board, the Attorney General of any state or any <br />other governmental agency with respect to the Grantee or any affiliated organization and (b) that no legal, <br />administrative or other proceeding is pending that concerns the Grant or the Program. <br />4. The Grantee acknowledges and confirms (a) that, upon payment of the final installment of the <br />Grant, the Foundation has no further duty or obligation to the Grantee and (b) that no officer, director, employee <br />or other representative of the Foundation had made any statement, representation or warranty that the Grant will <br />be renewed or extended. <br />5. The Grantee represents and warrants that all promotional and advertising materials produced or <br />authorized by the Grantee relating to the Program have given appropriate credit to the Foundation as required by <br />the Grant Agreement. The Grantee confirms that all future promotional and advertising material produced or <br />authorized by the Grantee relating to the Program will give appropriate credit to the Foundation as required by <br />the Grant Agreement. <br />6. The Grantee represents and warrants that all contracts to which it has become a party in regard <br />to the Program and/or the Grant are listed on Annex A attached hereto and include the language required by <br />Paragraph 9 of the Grant Agreement. <br />7. The Grantee represents and warrants that the Grant has been expended solely for the purposes <br />set forth in the Grant Agreement. <br />8. The Grantee agrees to repay any portion of the Grant which is not used for the purposes set <br />forth in the Grant Agreement. <br />The Foundation shall be entitled to rely on the foregoing representations, warranties, confirmations, <br />acknowledgments and agreements in disbursing the final installment of the Grant. <br />Sincerely yours, <br />Organization Name <br />EXECUTED BY: DATE <br />TITLE: <br />
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