Common use of Termination by Contractor Clause in Contracts

Termination by Contractor. If one of the reasons described below exists, the Contractor may, upon thirty (30) business days written notice to the Owner, terminate the Agreement and recover from the Owner payment for Work executed, including reasonable overhead, profit, and costs incurred by reason of such termination: 11.1.1 Issuance of an order of a court or other public authority having jurisdiction that requires all Work to be stopped; 11.1.2 An act of government, such as a declaration of national emergency that requires all Work to be stopped; or 11.1.3 If the Work is stopped for a period of ninety (90) consecutive days through no act or fault of the Contractor or a Subcontractor, Sub-subcontractor or their agents or employees or any other persons or entities performing portions of the Work under direct or indirect contract with the Agreement.

Appears in 21 contracts

Samples: Construction Contract, Construction Contract, Construction Contract

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