Common use of Termination by Authority Clause in Contracts

Termination by Authority. The authority may but not unreasonably or vexatiously, by notice by registered post or recorded delivery to the contractor, forthwith terminate the employment of the contractor under this contract if the contractor shall make default in any one or more of the followingrespects: • If the contractor without reasonable cause fails to proceed diligently with the works or wholly suspends the carrying out of the works before completion; • If the contractor becomes insolvent, as defined under the Insolvency Act 1986; • If the contractor becomes bankrupt or makes any composition or arrangement with his/her creditors or has a winding up order made (except for the purposes of reconstruction) or a resolution for voluntary winding up passed or a receiver or manager of his/her business or undertaking is duly appointed or possession is xxxxxxx or on behalf of any creditor of any property the subject of a charge. In the event of the authority terminating the employment of the contractor as aforesaid the contractor shall immediately give up possession of the site of the works, provided always that the right of termination shall be without prejudice to any other rights or remedies which the authority may possess.

Termination by Authority. The authority may but not unreasonably or vexatiously, by notice by registered post or recorded delivery to the contractor, forthwith terminate the employment of the contractor under this contract if the contractor shall make default in any one or more of the followingrespectsfollowing respects: • If the contractor without reasonable cause fails to proceed diligently with the works or wholly suspends the carrying out of the works before completion; • If the contractor becomes insolvent, as defined under the Insolvency Act 1986; • If the contractor becomes bankrupt or makes any composition or arrangement with his/her creditors or has a winding up order made (except for the purposes of reconstruction) or a resolution for voluntary winding up passed or a receiver or manager of his/her business or undertaking is duly appointed or possession is xxxxxxx taken by or on behalf of any creditor of any property the subject of a charge. In the event of the authority terminating the employment of the contractor as aforesaid the contractor shall immediately give up possession of the site of the works, provided always that the right of termination shall be without prejudice to any other rights or remedies which the authority may possess.

Termination by Authority. The authority may but not unreasonably or vexatiously, by notice by registered post or recorded delivery to the contractor, forthwith terminate the employment of the contractor under this contract if the contractor shall make default in any one or more of the followingrespectsfollowing respects: • If the contractor without reasonable cause fails to proceed diligently with the works or wholly suspends the carrying out of the works before completion; • If the contractor becomes insolvent, as defined under the Insolvency Act 1986Xxx 0000; • If the contractor becomes bankrupt or makes any composition or arrangement with his/her creditors or has a winding up order made (except for the purposes of reconstruction) or a resolution for voluntary winding up passed or a receiver or manager of his/her business or undertaking is duly appointed or possession is xxxxxxx taken by or on behalf of any creditor of any property the subject of a charge. In the event of the authority terminating the employment of the contractor as aforesaid the contractor shall immediately give up possession of the site of the works, provided always that the right of termination shall be without prejudice to any other rights or remedies which the authority may possess.