Costs of Remedy For Default of Works Sample Clauses

Costs of Remedy For Default of Works. The cost of any Work undertaken by the Township or on the Township’s direction or behalf in accordance with Section 30.1 and/or Section 30.2 above shall be calculated by the Township whose decision shall be final. It is understood and agreed that such costs shall include a management fee of thirty percent (30%) of the value of labour and material for the dislocation and inconvenience caused to the Township as a result of default, failure, delay or neglect on the part of the Owner it being hereby declared and agreed that the assumption by the Owner of the obligations set out in this Section 30 is a consideration without which the Township would not have executed this Agreement and shall be included within the value of security held for the outstanding Works. The Owner shall pay the costs of the Works together with the said management fee forthwith upon demand by the Township, failing which the Township may recover such costs and management fee as municipal taxes pursuant to Section 446 of the Municipal Act.
AutoNDA by SimpleDocs

Related to Costs of Remedy For Default of Works

  • Termination for Default; Remedies 8.2.1 Each of the following shall constitute an immediate event of default (“Event of Default”) under this Agreement:

  • Performance Default and Remedies Subsection B. DEFAULT AND REMEDIES, second paragraph of the Contract is modified as follows (underlined language is added and stricken language is deleted): “Written notice of default and a reasonable 30-day opportunity to cure must be issued by the party claiming default.”

  • Defaults Remedies (a) It shall be an Event of Default:

  • Remedies for Default (a) Enterprise Services’ rights to suspend and terminate Contractor’s rights under this Master Contract are in addition to all other available remedies.

  • Termination for Default The County may, by written notice to the Contractor terminate this contract for default in whole or in part (delivery orders, if applicable) if the Contractor fails to:

  • Default Remedies Termination A. [Sec. 400]

  • Default and Remedies Either of the following constitutes cause to declare this Contract, or any Participating Entity order under this Contract, in default:

  • Cost of remedying Defects Any repair or rectification undertaken in accordance with the provisions of Clause 17.2, including any additional testing, shall be carried out by the Contractor at its own risk and cost, to the extent that such rectification or repair is attributable to:

  • Defaults and Remedies Section 6.01.

  • Additional Remedies The rights, powers and remedies given to Bank hereunder shall be cumulative and not alternative and shall be in addition to all rights, powers and remedies given to Bank by law against Borrower or any other person, including but not limited to Bank's rights of setoff or banker's lien.

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