Common use of Causes for Termination Clause in Contracts

Causes for Termination. Owner may terminate the Contract if CM/GC is in breach of a Notice of Non-Compliance; if CM/GC makes a general assignment for the benefit of its creditors or if a receiver is appointed on account of its insolvency; if CM/GC persistently disregards laws, ordinances, rules, regulations, or orders of any public authority having jurisdiction over the Project; if CM/GC abandons the Project for a period of fourteen (14) or more days; if CM/GC is otherwise guilty of a substantial violation of any provision of this Contract; or for any reason that would permit Owner to terminate the Contract under applicable law.

Appears in 5 contracts

Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.