Right to Terminate for Cause; Notice to Contractor Sample Clauses

Right to Terminate for Cause; Notice to Contractor. Owner may terminate this Contract or all or a portion of the Work under any Order immediately on written notice at any time, and the Contractor shall not be entitled to any further payment of the Contract Sum until the Work is complete (by others) if:
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Right to Terminate for Cause; Notice to Contractor. Owner may terminate this Contract or all or a portion of the Work under any Order immediately on written notice at any time, and the Contractor shall not be entitled to any further payment of the Contract Sum until the Work is complete (by others) if: the Contractor is in breach of any provision of this Contract and fails to remedy or to actively and in good faith commence remedying such breach and to provide Owner with a schedule acceptable to Owner for the remedying of such breach within ten (10) days after written notice thereof from Owner (which notice shall specify the breach with particularity), or fails to diligently continue to remedy such default thereafter to completion in accordance with such schedule, in which event no further written notice shall be required; or upon occurrence of insolvency or bankruptcy events of the Contractor, including without limitation becoming insolvent or bankrupt, appointment of a receiver or trustee, upon liquidation proceeding, unsatisfied judgment or ceasing to carry on business or threatening to cease to carry on business.
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Related to Right to Terminate for Cause; Notice to Contractor

  • Contractor’s Right to Terminate for Cause Contractor may terminate this Contract immediately upon written notice to Agency, or at such later date as Contractor may establish in such notice, if Agency is in default under Section 14.4.

  • Right to Terminate Either Party may unilaterally terminate this Annex by providing thirty (30) calendar days written notice to the other Party.

  • Right to Terminate Sale In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

  • Our Right to Terminate We may terminate this Agreement and close your account at any time by giving you 30 days’ written notice; this right is in addition to any other rights to terminate this Agreement or close your account that we may have under this Agreement.

  • Your Right to Terminate You may also terminate this Client Agreement or close your Account at any time by giving us written notice. Your Account will be closed as soon as reasonably practicable after we have received notice, all open Positions are closed, Orders are cancelled, and all of your obligations are discharged.

  • Notice to Terminate Notify Seller in writing that this Contract is terminated; or

  • 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.

  • TERMINATION FOR CAUSE BY CONTRACTOR 4.06.1 Contractor may terminate its performance under this Agreement only if the City defaults and fails to cure the default after receiving written notice of it. Default by the City occurs if the City fails to perform one or more of its material duties under this Agreement. If a default occurs and Contractor wishes to terminate the Agreement, then Contractor must deliver a written notice to the Director describing the default and the proposed termination date. The date must be at least 30 days after the Director receives the notice. Contractor, at its sole option, may extend the proposed termination date to a later date. If the City cures the default before the proposed termination date, then the proposed termination is ineffective. If the City does not cure the default before the proposed termination date, then Contractor may terminate its performance under this Agreement on the termination date

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