Common use of Employer’s Default Clause in Contracts

Employer’s Default. 16.1.1 Should the Employer’s estate be provisionally or finally sequestrated or provisionally or finally wound up as insolvent, or should the Employer commit a breach of any of the terms of this contract, all of which terms shall be material, the Contractor shall be entitled forthwith to give the Employer or his trustee, per registered post, 14 (FOURTEEN) days’ written notice of the termination of this contract, without prejudice to any other rights which the Contractor may have in terms of this contract or in law. 16.1.2 Failure by the Employer to make payment shall entitle the Contractor, on giving 7 (SEVEN) days’ written notice to the Employer, to cease work under this contract until payment shall have been made to the Contractor. The time during which such works shall cease shall operate as an extension of time for completion within the meaning of clause 7.