CONTRACT REMEDIES Sample Clauses

CONTRACT REMEDIES. To ensure Xxxxxxx’s full performance of the Contract and compliance with applicable law, the System Agency reserves the right to hold Grantee accountable for breach of contract or substandard performance and may take remedial or corrective actions, including, but not limited to: i. suspending all or part of the Contract; ii. requiring the Grantee to take specific actions in order to remain in compliance with the Contract; iii. recouping payments made by the System Agency to the Grantee found to be in error; iv. suspending, limiting, or placing conditions on the Grantee’s continued performance of the Project;
AutoNDA by SimpleDocs
CONTRACT REMEDIES. To ensure Contractor’s full performance of the Contract and compliance with applicable law, the System Agency reserves the right to hold Contractor accountable for breach of contract or substandard performance and may take remedial or corrective actions, including, but not limited to: i. suspending all or part of the Contract; ii. requiring the Contractor to take specific actions in order to remain in compliance with the Contract; iii. recouping payments made by the System Agency to the Contractor found to be in error; iv. suspending, limiting, or placing conditions on the Contractor’s continued performance of Work; or
CONTRACT REMEDIES. To ensure Performing Agency’s full performance of the Contract and compliance with applicable law, the System Agency reserves the right to hold Performing Agency accountable for breach of contract or substandard performance and may take remedial or corrective actions, including, but not limited to: i. suspending all or part of the Contract; ii. requiring the Performing Agency to take specific actions in order to remain in compliance with the Contract; iii. recouping payments made by the System Agency to the Performing Agency found to be inerror; iv. suspending, limiting, or placing conditions on the Performing Agency’s continued performance of Work; or v. imposing any other remedies, sanctions, or penalties authorized under this Contract or permitted by federal or state law.
CONTRACT REMEDIES. Upon the occurrence of an Event of Default or at any time thereafter during the continuance thereof, (i) if it is an Event of Default specified in Sections 9.1(g) or 9.1(h), all Revolving Credit Commitments, the Swing Line Commitment and the Letter of Credit Commitment shall immediately and automatically terminate and the Loans, all accrued and unpaid interest thereon, all Reimbursement Obligations owing or contingently owing in respect of all outstanding Letters of Credit and all other amounts owing under the Loan Documents shall immediately become due and payable, and the Borrower shall Cash Collateralize the Letter of Credit Exposure for the pro rata benefit of the Credit Parties, and (ii) if it is any other Event of Default, upon the direction of the Required Lenders, the Administrative Agent shall (A) by notice to the Borrower, declare all Revolving Credit Commitments, the Swing Line Commitment, and the Letter of Credit Commitment to be terminated forthwith, whereupon such Revolving Credit Commitments, the Swing Line Commitment and the Letter of Credit Commitment shall immediately terminate, and/or (B) by notice of default to the Borrower, declare the Loans, all accrued and unpaid interest thereon, all Reimbursement Obligations owing or contingently owing in respect of all outstanding Letters of Credit and all other amounts owing under the Loan Documents to be due and payable forthwith, whereupon the same shall immediately become due and payable, and the Borrower shall Cash Collateralize the Letter of Credit Exposure for the pro rata benefit of the Credit Parties. Except as otherwise provided in this Section, presentment, demand, protest and all other notices of any kind are hereby expressly waived. The Borrower hereby further expressly waives and covenants not to assert any appraisement, valuation, stay, extension, redemption or similar laws, now or at any time hereafter in force which might delay, prevent or otherwise impede the performance or enforcement of any Loan Document.
CONTRACT REMEDIES. To ensure Contractor’s full performance of the Contract and compliance with applicable law, the System Agency reserves the right to hold Contractor accountable for breach of contract or substandard performance and may take remedial or corrective actions, including, but not limited to: i. suspending all or part of the Contract; ii. requiring the Contractor to take specific actions in order to remain in compliance with the Contract; iii. recouping payments made by the System Agency to the Contractor found to be in error; iv. suspending, limiting, or placing conditions on the Contractor’s continued performance of Work; or v. imposing any other remedies, sanctions, or penalties authorized under this Contract or permitted by federal or state law.
CONTRACT REMEDIES. An arbitrator hearing a grievance that alleges a violation of this Article has no authority to award compensatory, punitive or any monetary damages other than back pay.
CONTRACT REMEDIES. In the event that the CONTRACTOR fails to perform Services in accordance with the provisions of this Contract and the approved Plan(s) of Operation, HHSC may, upon written notice to the Contractor, immediately terminate this Contract in its entirety or with respect to certain Services. Alternatively or in conjunction with a partial termination by HHSC under this section, HHSC may require CONTRACTOR to submit, within the timeframes specified by HHSC, corrective action plans that are subject to HHSC's approval. If appropriate, HHSC may also withhold or recoup reimbursement payments from CONTRACTOR for Services not properly performed under this Contract. The foregoing remedies are not the exclusive remedies of HHSC but are in addition to any other rights and remedies provided by law or under this Contract.
AutoNDA by SimpleDocs
CONTRACT REMEDIES. To ensure Xxxxxxx’s full performance of the Contract and compliance with applicable law, the System Agency reserves the right to hold Grantee accountable for breach of contract or substandard performance and may take remedial or corrective actions, including, but not limited to:
CONTRACT REMEDIES. The Secured Parties shall have the rights set forth in Article VI hereof, and in addition may (i) enforce all remedies, rights, powers and privileges of the Grantor under any Contract, (ii) sell any or all of the Contract Rights at public or private sale upon at least 10 days’ prior written notice and/or (iii) substitute itself or any nominee or trustee in lieu of the Grantor as party to the Contract.
CONTRACT REMEDIES. Except with respect to Suppliers failure to supply products or product warranties, which shall be governed by the Master Pricing Agreement, all other breaches by Supplier under the Contract shall be subject to the following:
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!