Common use of District’s Request for Assurances Clause in Contracts

District’s Request for Assurances. If District at any time reasonably believes CM is or may be in default under this Agreement, District may in its sole discretion notify CM of this fact and request written assurances from CM of performance of Services and a written plan from CM to remedy any potential default under the terms this Agreement that District may advise CM of in writing. CM shall, within ten (10) calendar days of District’s request, deliver a written cure plan that meets District’s requirements in its request for assurances. CM’s failure to provide such written assurances of performance and the required written plan, within ten (10) calendar days of request, will constitute a material breach of this Agreement sufficient to justify termination for cause.

Appears in 3 contracts

Samples: Master Agreement, Agreement for Construction Management Services, Agreement for Construction Management Services

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District’s Request for Assurances. If District at any time reasonably believes CM is or may be in default under this Agreement, District may in its sole discretion notify CM of this fact and request written assurances from CM of performance of Services and a written plan from CM to remedy any potential default under the terms this Agreement that the District may advise CM of in writing. CM shall, within ten (10) calendar days of District’s request, deliver a written cure plan that meets the District’s requirements in its request for assurances. CM’s failure to provide such written assurances of performance and the required written plan, within ten (10) calendar days of request, will constitute a material breach of this Agreement sufficient to justify termination for cause.

Appears in 1 contract

Samples: Agreement for Construction Management Services

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