Common use of Contractor’s Remedies Clause in Contracts

Contractor’s Remedies. If the Subcontractor defaults or neglects to carry out the Work in accordance with the Subcontract and fails within five working days after receipt of notice from the Contractor to commence and continue correction of such default or neglect with diligence and promptness, the Contractor may, without prejudice to other remedies the Contractor may have, remedy such default or neglect and withhold, the reasonable cost thereof from current or future payments due the Subcontractor. If payments due to the Subcontractor are not sufficient to cover such amounts, the Subcontractor shall pay the difference to the Contractor.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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Contractor’s Remedies. If the Subcontractor defaults or neglects to carry out the Work in accordance with the Subcontract this Master Agreement and fails within five three working days after receipt of notice from the Contractor to commence and continue correction of such default or neglect with diligence and promptness, the Contractor may, without prejudice to other remedies the Contractor may have, remedy such default or neglect and withhold, in accordance with Section 11.1.7.2, the reasonable cost thereof from current or future payments due the Subcontractor. If payments due to the Subcontractor are not sufficient to cover such amounts, the Subcontractor shall pay the difference to the Contractor.

Appears in 2 contracts

Samples: www.bnbuilders.com, www.bnbuilders.com

Contractor’s Remedies. If the Subcontractor defaults or neglects to carry out the Work in accordance with the Subcontract this Agreement and fails within five three (3) working days after receipt of notice from the Contractor to commence and continue correction of such default or neglect with diligence and promptnesspromptness to Contractor’s satisfaction, the Contractor may, without prejudice to other remedies the Contractor may have, remedy such default or neglect and withhold, in accordance with Section 11.1.7.2, the reasonable cost thereof from current or future payments due the Subcontractor. If payments due to the Subcontractor are not sufficient to cover such amounts, the Subcontractor shall pay the difference to the Contractor.

Appears in 2 contracts

Samples: One Time Agreement, One Time Agreement

Contractor’s Remedies. If the Subcontractor defaults or neglects to carry out the Work in accordance with the Subcontract this Agreement and fails within five three (3) working days after receipt of notice from the Contractor to commence and continue correction of such default or neglect with diligence and promptnesspromptness to Contractor’s satisfaction, the Contractor may, without prejudice to other remedies the Contractor may have, remedy such default or neglect and withhold, in accordance with Section 11.1.7.2, the reasonable cost thereof thereof, plus mark up for cost of services, from current or future payments due the Subcontractor. If payments due to the Subcontractor are not sufficient to cover such amounts, the Subcontractor shall pay the difference to the Contractor.

Appears in 2 contracts

Samples: One Time Agreement, Form of Agreement

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Contractor’s Remedies. If the Subcontractor defaults or neglects to carry out the Work in accordance with the Subcontract this Agreement and fails within five working days after receipt of written notice from the Contractor to commence and continue correction of such default or neglect with diligence and promptness, the Contractor may, by appropriate Modification, and without prejudice to any other remedies remedy the Contractor may have, remedy make good such default or neglect deficiencies and withhold, may deduct the reasonable cost thereof from current the payments then or future payments due the Subcontractor. If payments thereafter due to the Subcontractor are not sufficient to cover such amounts, the Subcontractor shall pay the difference to the ContractorSubcontractor.

Appears in 1 contract

Samples: www.riveter-enterprises.com

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