Common use of TERMINATION FOR BREACH OF REPRESENTATIONS AND WARRANTIES Clause in Contracts

TERMINATION FOR BREACH OF REPRESENTATIONS AND WARRANTIES. For Contractor’s breach or violation of the representations or warranties set forth above in Sections 3.1, 3.4 and 3.5, the Corporation may terminate this Agreement upon 30 days prior notice to the Contractor. The notice of Corporation’s intent to terminate this Agreement shall specify the nature of the alleged breach and will be sent via U.S. certified mail. If the Contractor has not cured such breach (if de minimus and capable of cure) or explained the same to the satisfaction of the Corporation within such thirty (30) day period, then the Corporation may terminate this Agreement immediately upon notice to the Contractor without liability to the Contractor, This remedy, if effected, shall not constitute the sole remedy afforded the Corporation for the violation or breach of said representations and/or warranties, nor shall it constitute a waiver of the Corporation's right to claim damages or refuse payment or to take any other action provided for by law or pursuant to this Agreement.