Common use of SUSPENSION OF WORK (for Non-Responsibility) Clause in Contracts

SUSPENSION OF WORK (for Non-Responsibility). The Agencies reserve the right to suspend any or all activities under this Contract, at any time, when the Agency discovers information that calls into question the responsibility of the Contractor. In the event of such suspension, the Contractor will be given written notice outlining the particulars of such suspension. Upon issuance of such notice, the Contractor must comply with the terms of the suspension order. Contract activity may resume at such time as the Agencies issue a written notice authorizing a resumption of performance under the Contract. NEW YORK STATE HOUSING FINANCE AGENCY, STATE OF NEW YORK MORTGAGE AGENCY NEW YORK STATE AFFORDABLE HOUSING CORPORATION, STATE OF NEW YORK MUNICIPAL BOND BANK AGENCY, AND TOBACCO SETTLEMENT FINANCING CORPORATION 000 XXXXXXXXX XXXXXX, XXX XXXX, XXX XXXX 00000, (000) 000-0000 HOUSING TRUST FUND CORPORATION 00-00 XXXXX XXXXXX, XXXXXX XXX XXXX 00000 April, 2015

Appears in 4 contracts

Samples: Program Administrator Agreement, Contract for Services, Contract for Services

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