Termination by General Contractor Sample Clauses

Termination by General Contractor. General Contractor may terminate this Agreement upon the occurrence of a default by Owner hereunder; provided, however, in the event of such default, General Contractor first shall notify Owner in writing of the exact nature of the default and General Contractor’s intention to terminate this Agreement as a result of the default. Owner shall have thirty (30) days from receipt of such notice to cure the default, or such longer period as may be reasonably necessary to affect a cure, provided Owner commences to cure such default within thirty (30) days and thereafter diligently prosecutes the cure to completion.
Sample 1
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Termination by General Contractor. If the Subcontractor fails to commence and satisfactorily continue correction of a default within three (3) working days after receipt by the Subcontractor of the notice issued under Article 10.1.1, or upon the appointment of a receiver for the Subcontractor or upon the Subcontractor making an assignment for the benefit of creditors, or filing a petition for protection under any section of the Bankruptcy Act, then the General Contractor may terminate this Agreement and use any materials, implements, equipment, appliances or tools furnished by or belonging to the Subcontractor, assume all, or so many of the Subcontractor's sub-subcontracts as the General Contractor determines are necessary for the proper completion of the work and/or to complete the Subcontractor's Work. The General Contractor may also furnish those materials, equipment and/or employ such workers or subcontractors as the General Contractor deems necessary to maintain the orderly progress of the Work. All of the costs incurred by the General Contractor in so performing the Subcontractor's Work, including reasonable overhead, profit and attorney's fees, shall be deducted from any moneys due or to become due the Subcontractor. The Subcontractor shall be liable for the payment for any amount by which such expense may exceed the unpaid balance of the Contract price.
Sample 1
Termination by General Contractor 
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Related to Termination by General Contractor

  • Termination by Contractor Contractor may, at its option, terminate this Contract upon the failure of MPS to pay any amount, which may become due hereunder for a period of sixty (60) days following submission of appropriate billing and supporting documentation. Upon said termination, Contractor shall be paid the compensation due for all services rendered through the date of termination including any retainage.

  • Termination by Manager Manager shall have the right to terminate this Agreement at any time, with or without cause, upon sixty (60) days written notice to Owner. Manager shall also have the right to terminate this Agreement upon thirty (30) days written notice to Owner for non-payment of fees and expenses due Manager under the terms of this Agreement

  • Termination by Lessor Lessor may terminate the lease at any time if any of the following shall happen:

  • Termination by Customer Without prejudice to any rights or remedies of the Customer, the Customer may, by at least seven (7) days’ notice in writing to Deswik, terminate this Agreement if:

  • Termination by Owner The Owner may terminate this Agreement in whole or in part, for the failure of the Consultant to:

  • Termination by Mutual Consent This Agreement may be terminated at any time prior to the Closing Date by the mutual written consent of the Company and the Purchasers.

  • Termination by Tenant In the event that the destruction to the Premises cannot be restored as required herein under applicable laws and regulations within two hundred seventy (270) days of the damage or casualty, notwithstanding the availability of insurance proceeds, Tenant shall have the right to terminate this Lease by giving the Landlord notice thereof within thirty (30) days of date of the occurrence of such casualty specifying the date of termination which shall not be less than thirty (30) days nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent, reduced by any proportionate reduction in Rent as provided for in Section 18.1 above, shall be paid to the date of such termination.

  • Termination by Seller This Agreement may be terminated at any time prior to the Closing by Seller, by written notice to Buyer:

  • Termination by Xxxxxx Xilinx may terminate this Agreement for material breach by Licensee, provided that Xilinx has given written notice to Licensee of such breach and Licensee fails to cure such breach within thirty (30) days thereof; provided, however, in the event of a breach of confidentiality under Section 7 whereby unauthorized disclosure and/or dissemination by electronic or other means is likely to cause undue harm to Xilinx, then Xilinx may, at its discretion, immediately terminate this Agreement and seek other appropriate equitable and legal remedies as deemed necessary to protect its interests hereunder.

  • Termination by Mutual Agreement of the Parties Executive’s employment with the Company may be terminated at any time upon a mutual agreement in writing of the Parties. Any such termination of employment shall have the consequences specified in such agreement.

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