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delivery of this Grant Contract and any other documents required hereunder, any inspection or examinations at any time made by or on behalf of the Fund, and the completion of the Project by the Grant Recipient: 1. No Actions There are no actions, suits, or proceedings pending, or to the knowledge of the Grant Recipient, threatened, against or affecting the Grant Recipient before any court, arbitrator, or governmental or administrative body or agency which might affect the Grant Recipient's ability to observe and perform its obligations under this Grant Contract. 2. Validity of Grant Documents Upon execution and delivery of items required hereunder, this Grant Contract and the other grant documents and items required hereunder will be valid and binding agreements, enforceable in accordance with the terms thereof. 3. No Untrue Statements Neither this Grant Contract nor any information, certificate, statement, or other document furnished by Grant Recipient in connection with the Grant, contains any untrue statement of a material fact or omits disclosure of a material fact which affects a property(ies) of the Project Site, the Conservation Easement or the ability of the Grant Recipient to perform this Grant Contract. 6. Additional Requirements Grant Recipient shall comply with all legal requirements applicable to the use of the Grant funds. 7. Books and Records The Grant Recipient agrees to maintain and make available to the Fund at all reasonable times all documents, books, and records of all expenditures for costs applicable to this Grant Contract, and to submit properly certified billings for such costs on forms prescribed by the Fund and supported by detailed data sheets which will facilitate the audit of the Grant Recipient's records. C. Termination by Mutual Consent The Parties may terminate this Contract by mutual written consent with 60 days prior written notice to the Contract Administrators, or as otherwise provided by law. D. Termination for Cause; Events of Default The happening of any of the following, after the expiration of any applicable cure period without the cure thereof, shall constitute an event of default ( "Event(s) of Default ") by the Grant Recipient of its obligations to the Fund, and shall entitle the Fund to exercise all rights and remedies under this Grant Contract and as otherwise available at law or equity: 1. Property Unsuitable A determination by the Fund, prior to the disbursement of the Grant funds, that a property(ies) of the Project Site is unsuitable for the purposes of the Grant Contract. 2. Unsuitable Use A property(ies) of the Project Site is used in a manner materially inconsistent with the purposes of this Grant Contract or the Project. Cabarrus Soil and Water Conservation District 29 CWMTF 2010 -703; Cox Mill School Stormwater BMPs Art number 1 F -7