For City's Non-Payment Sample Clauses
The 'For City's Non-Payment' clause defines the consequences and remedies available if the city fails to make required payments under the contract. Typically, this clause outlines the steps the other party may take, such as suspending services, charging interest on overdue amounts, or ultimately terminating the agreement if payment is not received within a specified period. Its core function is to protect the contractor or service provider from financial risk by ensuring there are clear procedures and consequences in place should the city default on its payment obligations.
For City's Non-Payment. If City does not pay Contractor undisputed sums within ninety (90) Days after receipt of notice from Contractor, Contractor may terminate the Construction Contract (30) days following a second notice to City of Contractor’s intention to terminate the Construction Contract.
For City's Non-Payment. If City does not make payment of sums that are not in good faith disputed by City and does not cure such default within ninety (90) Days after receipt of notice from Contractor, then upon an additional thirty (30) Days’ notice to City Contractor may terminate the Construction Contract.
For City's Non-Payment. If City does not pay DBE undisputed sums within ninety (90) Days after receipt of notice from DBE, DBE may terminate the Design-Build Contract (30) days following a second notice to City of DBE’s intention to terminate the Design-Build Contract.