Common use of Termination for Breach of Contract Clause in Contracts

Termination for Breach of Contract. 14.1. If CONTRACTOR or CAPCOG breaches a material provision of this contract, the other may notify the breaching party describing the breach and demanding corrective action. The breaching party has five business days from its receipt of the notice to correct the breach, or to begin and continue with reasonable diligence and in good faith to correct the breach. If the breach cannot be corrected within a reasonable time, despite the breaching party's reasonable diligence and good faith effort to do so, the parties may agree to terminate the contract or either party may invoke the dispute resolution process of Sec. 14.

Termination for Breach of Contract. 14.113.1. If CONTRACTOR GRANT RECIPIENT or CAPCOG breaches a material provision of this contractAgreement, the other may notify the breaching party Party describing the breach and demanding corrective action. The breaching party Party has five business days from its receipt of the notice to correct the breach, or to begin and continue with reasonable diligence and in good faith to correct the breach. If the breach cannot be corrected within a reasonable time, despite the breaching party's ’s reasonable diligence and good faith effort to do so, the parties may agree to terminate the contract Agreement or either party may invoke the dispute resolution process of Sec. 14.

Termination for Breach of Contract. 14.1. If CONTRACTOR or CAPCOG breaches a material provision of this contract, the other may notify the breaching party describing the breach and demanding corrective action. The breaching party has five business days from its receipt of the notice to correct the breach, or to begin and continue with reasonable diligence and in good faith to correct the breach. If the breach cannot be corrected within a reasonable time, despite the breaching party's reasonable diligence and good faith effort to do so, the parties may agree to terminate the contract or either party may invoke the dispute resolution process of Sec. 1416.