Section 1499.16 - Suspension and termination of agreements(a) CCC may suspend or terminate an agreement if it determines that:(1) One of the bases in 2 CFR 200.339 or 200.340 for suspension or termination by CCC has been satisfied;(2) The continuation of the assistance provided under the agreement is no longer necessary or desirable; or(3) Storage facilities are inadequate to prevent spoilage or waste of the donated commodities, or distribution of the donated commodities will result in a substantial disincentive to or interference with domestic production or marketing in the target country.(b) The termination provisions in 2 CFR 200.340 and 200.341 will apply to an agreement.(c) If an agreement is terminated, the recipient:(1) Is responsible for the security and integrity of any undistributed donated commodities and must dispose of such commodities only as agreed to by CCC;(2) Is responsible for any sale proceeds, CCC-provided funds, interest, or program income that have not been disbursed and must use or return them only as agreed to by CCC; and(3) Must comply with any closeout and post-closeout provisions specified in the agreement and 2 CFR 200.344 and 200.345 . 81 FR 62605 , Sept. 12, 2016, as amended at 84 FR 45060 , Aug. 28, 2019; 87 FR 53368 , Aug. 31, 2022 81 FR 62605, 9/12/2016; as amended at 84 FR 45060, 8/28/2019; 87 FR 53368, 8/31/2022