Common use of Contractor Suspension Clause in Contracts

Contractor Suspension. If Contractor fails to perform any one of its obligations under the Contract Documents it will be in default and TPS, at its sole discretion, may suspend rather than terminate this Agreement when TPS believes that doing so would better serve its interest. In case of a suspension, the amount of compensation due to Contractor will be determined in the same manner as provided for in the Termination for Convenience provision set forth in Form HUD-5370-C General Conditions for Non-Construction Contracts Section I less any damage to TPS resulting from Contractor’s breach or other default.

Appears in 13 contracts

Samples: cintimha.com, cintimha.com, cintimha.com

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