Common use of Termination for Extended Delay Clause in Contracts

Termination for Extended Delay. If the entire Work is suspended because of an excusable delay for more than one hundred eighty (180) days and the Parties have not agreed upon a revised basis for continuing the Work at the end of such period, then either Party, upon thirty (30) days written notice, may terminate the Contract with respect to the portion of Equipment to which title has not yet passed at no cost or penalty, unless the delay was caused by the Party seeking to terminate.