Common use of Termination for Nonpayment Clause in Contracts

Termination for Nonpayment. If Owner fails to pay CM/GC the amount due within the time required by the Contract Documents, CM/GC must give Notice to Owner of such nonpayment. If Owner fails to pay such amount or provide a Notice of a dispute as to the amount sought by CM/GC within thirty (30) days after receipt of CM/GC's Notice of nonpayment, CM/GC may terminate this Contract.

Appears in 4 contracts

Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement

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Termination for Nonpayment. If Owner fails to pay CM/GC the amount due amount, within the time time, required by the Contract Documents, CM/GC must give Notice to Owner of such nonpayment. If Owner fails to pay such amount or provide a Notice of a dispute as to the amount sought by CM/GC within thirty (30) days after receipt of CM/GC's Notice of nonpayment, CM/GC may terminate this Contract.

Appears in 1 contract

Samples: Construction Management Contract

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