TERMINATION BY THE AIRPORT AUTHORITY FOR CAUSE Sample Clauses

TERMINATION BY THE AIRPORT AUTHORITY FOR CAUSE. (1) If (i) a petition is filed by the CMR, or against the CMR with its consent, under any federal or state law concerning bankruptcy, reorganization, insolvency or relief from creditors, or such a petition is filed against the CMR without its consent and is not dismissed within sixty (60) Calendar Days, or within ten (10) Calendar Days if the CMR fails to furnish to the Airport Authority evidence reasonably satisfactory to the Airport Authority that the petition or proceeding is without merit; or (ii) a receiver, trustee, liquidator, custodian or the like appointed (with or without the CMR's consent) with respect to the CMR or takes possession of all or any substantial portion of its assets, or the CMR makes an assignment for the benefit of creditors; or (iii) the CMR becomes insolvent or is generally not paying its debts as they become due, or there has been a material adverse change in the financial condition of the CMR; or (iv) the CMR’s Surety company shall refuse to issue a labor or material Payment or Performance Bond (or to amend any such bond to increase the penal sum thereof) or other similar guarantee of performance with respect to the Contract; or (v) due to the fault of the CMR: (a) the Work shall be unreasonably delayed or discontinued, or (b) the execution of the Work ceases for more than ten
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TERMINATION BY THE AIRPORT AUTHORITY FOR CAUSE. 14.2.1 If (i) a petition is filed by the Contractor, or against the Contractor with its consent, under any federal or state law concerning bankruptcy, reorganization, insolvency or relief from creditors, or such a petition is filed against the Contractor without its consent and is not dismissed within sixty (60) days, or within ten (10) days if the Contractor fails to furnish to the Airport Authority evidence reasonably satisfactory to the Airport Authority that the petition or proceeding is without merit; or (ii) a receiver, trustee, liquidator, custodian or the like appointed (with or without the Contractor's consent) with respect to the Contractor or takes possession of all or any substantial portion of its assets, or the Contractor makes an assignment for the benefit of creditors; or (iii) the Contractor becomes insolvent or is generally not paying its debts as they become due, or there has been a material adverse change in the financial condition of the Contractor; or (iv) the Contractor’s surety company shall refuse to issue a labor or material payment or performance bond (or to amend any such bond to increase the penal sum thereof) or other similar guarantee of performance with respect to the Contract; or (v) due to the fault of the Contractor: (a) the Work shall be unreasonably delayed or discontinued, or (b) the execution of the Work ceases for more than ten days, or (c) the Work is delayed so that, in the Airport Authority’s reasonable, good faith judgment, the Work cannot be completed on or prior to the expiration of the Construction Duration; or (vi) the Contractor fails to correct defective Work as required by the Contract Documents or otherwise defaults in its obligation to perform the Work in a skilled and expeditious manner, or refuses or fails to supply sufficient labor, materials, equipment and facilities to assure the proper progress of the Work; or (vii) the Contractor fails to make prompt payment to any Subcontractors, or for materials or labor, or fails to remove, by bonding or otherwise, any lien recorded or suit commenced by any Subcontractors or supplier against the Airport Authority or the Site; or (viii) the Contractor disregards in any material respect laws, ordinances, rules, regulations or orders of any public authority having jurisdiction; or (ix) the Contractor fails to comply with the instructions or directions of the Airport Authority or the Designer given in accordance with the terms of the Contract Documents; or (x) the ...
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Related to TERMINATION BY THE AIRPORT AUTHORITY FOR CAUSE

  • Termination by the Authority without Cause The Authority shall have the right to terminate this Framework Agreement, or to terminate the provisions of any part of this Framework Agreement with effect from at any time following nine (9) Months after the Commencement Date by giving at least three (3) Months' written notice to the Supplier.

  • Termination by the Owner for Cause § 16.2.1 The Owner may terminate the Contract if the Contractor .1 repeatedly refuses or fails to supply enough properly skilled workers or proper materials;

  • Termination by the University i) The university may terminate this agreement under the following circumstances:

  • Termination by the Company This Agreement may be terminated by the Company at any time prior to the Effective Time:

  • Termination by Owner for Cause This Agreement may be terminated by Owner (or the Property Manager may be required by Owner to change its personnel assigned as Property Manager for the Property) at any time during the term hereof upon written notice to Property Manager effective immediately for any of the following causes:

  • Termination by the Commission The Commission may decide to terminate the agreement, without any indemnity on its part, in the following circumstances:

  • Termination by the HSP (a) The HSP may terminate this Agreement at any time, for any reason, upon giving 6 months’ Notice (or such shorter period as may be agreed by the HSP and the Funder) to the Funder provided that the Notice is accompanied by: satisfactory evidence that the HSP has taken all necessary actions to authorize the termination of this Agreement; and a Transition Plan, acceptable to the Funder, that indicates how the needs of the HSP’s clients will be met following the termination and how the transition of the clients to new service providers will be effected within the six-month Notice period.

  • Termination for Cause by The District The District may immediately terminate this Agreement for cause for any of the following reasons:

  • TERMINATION BY THE OWNER 14.2.1 The Owner may terminate the contract if the Contractor:

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