Common use of Right to Stop Performance Clause in Contracts

Right to Stop Performance. for Failure by TxDOT to Make Undisputed Payment Maintenance Contractor shall have the right to stop performance under this Capital Maintenance Agreement if TxDOT fails to make an undisputed payment due hereunder within 15 Business Days after TxDOT’s receipt of written notice of nonpayment from Maintenance Contractor. Maintenance Contractor shall not have the right to terminate this Capital Maintenance Agreement for default as the result of any failure by TxDOT to make an undisputed payment due hereunder. However, if such nonpayment continues for more than 180 days, upon written notice from Maintenance Contractor to TxDOT, such nonpayment may be deemed a Termination for Convenience pursuant to Section 14. Upon such termination, the Parties’ rights and obligations shall be as set forth in Section 14.

Right to Stop Performance. for Failure by TxDOT to Make Undisputed Payment Maintenance Contractor shall have the right to stop performance under this Capital Comprehensive Maintenance Agreement if TxDOT fails to make an undisputed payment due hereunder within 15 Business Days after TxDOT’s receipt of written notice of nonpayment from Maintenance Contractor. Maintenance Contractor shall not have the right to terminate this Capital Comprehensive Maintenance Agreement for default as the result of any failure by TxDOT to make an undisputed payment due hereunder. However, if such nonpayment continues for more than 180 days, upon written notice from Maintenance Contractor to TxDOT, such nonpayment may be deemed a Termination for Convenience pursuant to Section 14. Upon such termination, the Parties’ rights and obligations shall be as set forth in Section 14.

Right to Stop Performance. for Failure by TxDOT to Make Undisputed Payment Maintenance Contractor shall have the right to stop performance under this Capital Maintenance Agreement if TxDOT fails to make an undisputed payment due hereunder within 15 Business Days after TxDOT’s receipt of written notice of nonpayment from Maintenance Contractor. Maintenance Contractor shall not have the right to terminate this Capital Maintenance Agreement for default as the result of any failure by TxDOT to make an undisputed payment due hereunder. However, if such nonpayment continues for more than 180 days, upon written notice from Maintenance Contractor to TxDOT, such nonpayment may be deemed a Termination for Convenience pursuant to Section 1415. Upon such termination, the Parties’ rights and obligations shall be as set forth in Section 1415.