Common use of STOP WORK Clause in Contracts

STOP WORK. (a) SELLER shall stop Work for up to ninety (90) days in accordance with any written notice received from LOCKHEED XXXXXX, or for such longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence of costs allocable to the Work during the period of Work stoppage. (b) Within such period, LOCKHEED XXXXXX shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 143 contracts

Samples: Subcontract/Purchase Order Agreement, Subcontract/Purchase Order Agreement, General Provisions for Services for Commercial Subcontracts/Purchase Orders

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STOP WORK. (a) SELLER shall stop Work for up to ninety (90) days in accordance with any written notice received from LOCKHEED XXXXXXBUYER, or for such longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence of costs allocable to the Work during the period of Work stoppage. (b) Within such period, LOCKHEED XXXXXX BUYER shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 4 contracts

Samples: Terms and Conditions of Purchase, Terms and Conditions of Purchase, Terms and Conditions of Purchase

STOP WORK. (a) SELLER shall stop Work for up to ninety (90) days in accordance with any written notice received from LOCKHEED XXXXXXBomic Ltd , or for such forsuch longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence of costs allocable to the Work during the period of Work stoppage. (b) Within such period, LOCKHEED XXXXXX Bomic Ltd shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable, ,provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 1 contract

Samples: Subcontract/Purchase Order Agreement

STOP WORK. (a) SELLER shall stop Work for up to ninety (90) 90 days in accordance with any written notice received from LOCKHEED XXXXXXBUYER, or for such longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence occurrence of costs allocable to the Work during the period of Work stoppage. (b) . Within such period, LOCKHEED XXXXXX BUYER shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) provisions affected by the Work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) 30 days after the date of notice notification to continue.

Appears in 1 contract

Samples: Purchase Order

STOP WORK. (a) SELLER shall stop Work for up to ninety (90) days in accordance with any written notice received from LOCKHEED XXXXXXVETERANS TRADING COMPANY, or for such longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence of costs allocable to the Work during the period of Work stoppage. (b) Within such period, LOCKHEED XXXXXX VETERANS TRADING COMPANY shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 1 contract

Samples: Contract

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STOP WORK. (a) SELLER Seller shall stop Work work for up to ninety (90) days in accordance with any written notice received from LOCKHEED XXXXXXBuyer, or for such longer period of time as the parties may agree and agree. Seller shall take all reasonable steps to minimize the incurrence of costs allocable to the Work work during the period of Work the work stoppage. (b) Within such period, LOCKHEED XXXXXX shall Buyer will either terminate in accordance with the provisions of this Contract Subcontract or continue the Work work by written notice to SELLERSeller. In the event of a continuation, an equitable adjustment adjustment, in accordance with the principles of the "Changes" clause herein shall be made to the price, delivery schedule, or other provision(s) affected by the Work work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 1 contract

Samples: General Terms and Conditions

STOP WORK. (a) SELLER shall stop Work for up to ninety (90) days in accordance with any written notice received from LOCKHEED XXXXXXGENERAL MICRO SYSTEMS, or for such longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence of costs allocable to the Work during the period of Work stoppage. (b) Within such period, LOCKHEED XXXXXX GENERAL MICRO SYSTEMS shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 1 contract

Samples: General Provisions and Far Flowdown Provisions for Commercial Items

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