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DocuSign Envelope ID:2A1A1 B97-7E12-4D08-A7FA-F9FBEB801815 <br /> 2. Place no further orders or subcontracts for materials, services, or facilities except as may be necessary for <br /> completion of such portion of the work under the Contract that is not terminated; <br /> 3. Assign to COMMERCE, in the manner, at the times, and to the extent directed by the Authorized Representative, <br /> all of the rights, title, and interest of the Grantee under the orders and subcontracts so terminated, in which case <br /> COMMERCE has the right, at its discretion,to settle or pay any or all claims arising out of the termination of such <br /> orders and subcontracts; <br /> 4. Settle all outstanding liabilities and all claims arising out of such termination of orders and subcontracts, with the <br /> approval or ratification of the Authorized Representative to the extent the Authorized Representative may require, <br /> which approval or ratification shall be final for all the purposes of this clause; <br /> 5. Transfer title to COMMERCE and deliver in the manner, at the times, and to the extent directed by the Authorized <br /> Representative any property which, if the Contract had been completed,would have been required to be furnished <br /> to COMMERCE; <br /> 6. Complete performance of such part of the work as shall not have been terminated by the Authorized <br /> Representative; and <br /> 7. Take such action as may be necessary, or as the Authorized Representative may direct, for the protection and <br /> preservation of the property related to this Contract, which is in the possession of the Grantee and in which <br /> COMMERCE has or may acquire an interest. <br /> 2.43. TREATMENT OF ASSETS <br /> This section is superseded by Program Specific Terms and Conditions#7. <br /> Title to all property furnished by COMMERCE shall remain in COMMERCE. Title to all property furnished by the <br /> first occurs. <br /> COMMERCE, be used only for the performance of this Contract. <br /> that props ;rin accordance with d ag t Y t' <br /> • <br /> termination or cancellation of this-Contrast <br /> All reference to the Crantee under this clause shall also include Grantee's employees, agents or Subcontractors. <br /> 2.44. WAIVER <br /> Waiver of any default or breach shall not be deemed to be a waiver of any subsequent default or breach. Any waiver <br /> shall not be construed to be a modification of the terms of this Contract unless stated to be such in writing and signed <br /> by Authorized Representative of COMMERCE. <br /> Contract#«Contract_Number» 16 Electrification of Transportation Systems <br />