Common use of TERMINATION BY SUBCONTRACTOR Clause in Contracts

TERMINATION BY SUBCONTRACTOR. If the Subcontract Work has been stopped for thirty (30) days because the Subcontractor has not received progress payments or has been abandoned or suspended for an unreasonable period of time not due to the fault or neglect of the Subcontractor, then the Subcontractor may

TERMINATION BY SUBCONTRACTOR. If the Subcontract Subcontractor Work has been stopped for thirty (30) days because the Subcontractor has not received progress payments or has been abandoned or suspended for an unreasonable period of time not due to the fault or neglect of the Subcontractor, then Subcontractor may terminate this Agreement upon giving Contractor seven (7) day’s written notice. Upon such termination, Subcontractor shall be entitled to recover from Contractor payment for all Subcontract Work satisfactorily performed but not yet paid for, including reasonable overhead, profit and attorneys’ fees, costs and expenses, subject to the Subcontractor mayterms of Paragraphs