Common use of Termination for Cause; Corporation’s Right to Complete Work at Contractor’s Expense Clause in Contracts

Termination for Cause; Corporation’s Right to Complete Work at Contractor’s Expense. In the event Contractor fails to cure the default within the time allowed in the Notice of Default, Corporation shall have the right to terminate this Contract and Contractor’s performance hereunder by issuing a written Notice of Termination, specifying the effective date of termination. Upon receipt of the Notice of Termination, Contractor shall: