Owner Termination for Cause Sample Clauses

Owner Termination for Cause. The Owner shall have the right during the Design-Build Period to terminate this Design-Build Agreement for cause and to pursue all remedies available pursuant to this Article, without cost or liability to the Owner, based upon the occurrence of any Event of Default by the Design-Builder under Section 8.2 (Events of Default by the Design-Builder) during the Design-Build Period.
AutoNDA by SimpleDocs
Owner Termination for Cause. In the event that Owner terminates this Contract for Contractor’s default, Owner shall have a license to use any and all patented and/or proprietary information, and all drawings and plans Owner deems necessary to complete the Work including use of such information for the operation and maintenance of the AQC Systems, the SCR Systems, and the Unit 2 Boiler. Further, Owner shall have the right, but not the obligation to pay for Materials already ordered by Contractor for use on the Project, to take possession of any or all of Construction Aids located at the Site for the purpose of completing the Work, with such Construction Aids to be returned to Contractor upon the completion of the Work. Although Owner shall use reasonable efforts to mitigate the cost for completion of the Work, Owner may employ any person, firm, or corporation to finish the Work by whatever method Owner may deem expedient and may undertake such expenditures as in Owner’s sole judgment will best accomplish the timely completion of the Work (including, where necessary, the entry into contracts without prior solicitation of proposals). In such event, Contractor shall not be entitled to receive any further payments under this Contract except for payments for Work performed prior to such termination based on the percentage of Work completed, subject to Subarticle 20.5.
Owner Termination for Cause. Upon the occurrence and during the continuation of any Company Event of Default hereunder, Owner, in addition to its right to pursue any other remedy given under this Agreement or now or hereafter existing at law or in equity or otherwise, shall have the right to terminate this Agreement by written notice to Company (an “Owner Termination for Cause”). An Owner Termination for Cause shall be effective upon delivery of Owner’s notice with respect thereto. In the event of any termination of the Agreement pursuant to this Section 13.1.2, Owner may, without prejudice to any other right or remedy it may have, at its option, finish the Work
Owner Termination for Cause. An Owner Termination for Cause shall be effective upon delivery of Owner’s notice with respect thereto. In the event of a termination by Owner under this Section, Owner shall have the right, subject to paying any amounts thereafter due in connection with any leased Contractor Equipment, to take possession of and use all of the Contractor Equipment located at the Job Site on the date of such termination for the purpose of completing the Work and may employ any other Person to complete the Work by whatever method that Owner may deem necessary. In addition, Owner may make such expenditures as in Owner’s reasonable judgment will accomplish the timely completion of the Work in accordance with the terms hereof. Owner shall, within a reasonable period of time after the Work is finally completed by the work of one or more replacement contractors, determine the total cost to Owner for completing the Work in accordance with the Technical Specifications and the other requirements of this Agreement, including all sums previously paid or then owed to Contractor pursuant to this Agreement. In contracting with such replacement contractors, Owner shall, to the extent practicable, cause the Work to be completed in accordance with this Agreement and shall employ reasonable efforts to mitigate the costs incurred in connection with completion of the Work. If the Contract Price is less than the sum of (i) all costs and expenses incurred by Owner (either itself or by engaging one or more substitute contractors) to complete (or cure deficiencies in) the Work, including, without limitation, additional reasonable overhead and legal, engineering and other professional expenses, (ii) all other reasonable costs, expenses and damages suffered by Owner as a result of a default or breach by Contractor of the requirements of this Agreement and the termination of this Agreement as a result thereof, (iii) all amounts previously paid to Contractor pursuant to this Agreement, and (iv) any liquidated damages due and payable hereunder, Contractor shall pay to Owner on demand the amount of such difference. Any amount owed by Owner to Contractor for the level of completion of the Work shall be retained by Owner until after completion of the Work and applied by Owner to pay any amounts and damages owed by Contractor pursuant to this Section 13.1 or otherwise. Any excess of the amount retained over the amount due under this Section 13.1.1 shall be remitted to Contractor within sixty (60) days afte...
Owner Termination for Cause. A. Owner may terminate for cause per EJCDC SGC Article 15.02
Owner Termination for Cause. The Owner will have the right to terminate this Agreement, or a Party to this Agreement, upon 15 calendar days written notice, and an additional 15 calendar days to cure, in the event of any of the following. The effective date of termination will be 30 calendar days from the date of the Notice.
Owner Termination for Cause 
AutoNDA by SimpleDocs

Related to Owner Termination for Cause

  • Termination for Cause If Vendor fails to materially perform pursuant to the terms of this Agreement, TIPS shall provide written notice to Vendor specifying the default. If Vendor does not cure such default within thirty (30) days, TIPS may terminate this Agreement, in whole or in part, for cause. If TIPS terminates this Agreement for cause, and it is later determined that the termination for cause was wrongful, the termination shall automatically be converted to and treated as a termination for convenience.

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