Common use of TERMINATION FOR CAUSE BY CONTRACTOR Clause in Contracts

TERMINATION FOR CAUSE BY CONTRACTOR. If KCDA fails to make payment for a period of 60 days through no fault of the Contractor and has been given approval by the Client, the Contractor may, upon seven additional days’ written notice to KCDA, terminate the Agreement and recover from KCDA payment for all Work properly executed and for proven loss with respect to materials, equipment, tools, and construction equipment and machinery, including Fees applicable thereto.