Right to Stop Work for Failure by TxDOT to Make Undisputed Payment Sample Clauses

Right to Stop Work for Failure by TxDOT to Make Undisputed Payment. DB Contractor shall have the right to stop Work if TxDOT fails to make an undisputed payment due hereunder within 15 Business Days after TxDOT’s receipt of written notice of nonpayment from DB Contractor. Any such work stoppage shall be considered a suspension for convenience under Section 14.1 and shall be considered a TxDOT-Directed Change. DB Contractor shall not have the right to terminate this DBC 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 DB Contractor to TxDOT, the nonpayment may be deemed a Termination for Convenience pursuant to Section 15.
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Related to Right to Stop Work for Failure by TxDOT to Make Undisputed Payment

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  • Confirmation of Agreement Except as amended hereby, the Custody Agreement is in full force and effect and as so amended is hereby ratified, approved and confirmed by the Customer and the Bank in all respects.

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