Common use of Cessation of Entitlement Clause in Contracts

Cessation of Entitlement. Upon the Contractor's assignment of agreements, contracts, subcontracts and/or Owner's payment of monies due Contractor as provided in Subparagraph 5.3.1.4.1 above, Contractor shall be entitled to no further compensation of any kind from Owner and shall have no further obligation with regard to the assigned agreements, contracts, or subcontracts .

Appears in 32 contracts

Samples: Construction Contract, Construction Contract, Construction Contract

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Cessation of Entitlement. Upon the Contractor's assignment of agreements, contracts, subcontracts Trade Contracts and/or Owner's payment of monies due Contractor as provided in Subparagraph Subparagraph 5.3.1.4.1 above, Contractor shall be entitled to no further compensation of any kind from Owner and shall have no further obligation with regard to the assigned agreements, contracts, Subcontractors or subcontracts Supplier.

Appears in 11 contracts

Samples: Construction Contract, Construction Contract, Construction Contract

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Cessation of Entitlement. Upon the Contractor's assignment of agreements, contracts, subcontracts and/or Owner's payment of monies due Contractor as provided in Subparagraph Subparagraph 5.3.1.4.1 above, Contractor shall be entitled to no further compensation of any kind from Owner and shall have no further obligation with regard to the assigned agreements, contracts, or subcontracts .

Appears in 1 contract

Samples: Design Bid Build Construction Contract

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