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<br />not been submitted to the Grantee or have been submitted with <br />incorrect, incomplete or insufficient information; or <br />4. If the necessary funds are not available to <br />fund this agreement as a result of action by Congress, the <br />Legislature, the Office of the Comptroller or the Office of <br />Management and Budget. <br />b. Upon the happening of an Event of Default, then the <br />Grantee may, at its option, upon written notice to the Subgrantee <br />and upon the Subgrantee's failure to timely cure, exercise any <br />one or more of the following remedies, either concurrently or <br />consecutively, and the pursuit of anyone of the following <br />remedies shall not preclude the Grantee from pursuing any other <br />remedies contained herein or otherwise provided at law or in <br />equity; <br /> <br />1. Terminate this Agreement, provided that the <br />Subgrantee is given at least fifteen (15) days prior written <br />notice of such termination. The notice shall be effective when <br />placed in the United States mail, first class mail, postage <br />prepaid, by registered or certified mail-return receipt <br />requested, to the address set forth in paragraph (23) -herein; <br />2. Commence an appropriate legal or equitable <br />action to enforce performance of this Agreement; <br />3. Withhold or suspend payment of all or any part <br />of a request for payment; <br />4. Exercise any corrective or remedial\actions, to <br /> <br />Page 21 <br /> <br />FEMA-1306-DR-FL <br />