Termination for Owner Default. a. The Private Entity’s sole remedies for any failure or delay in payment by the Owner shall be the remedies provided in Article 4 of the Virginia Public Procurement Act, Virginia Code sections 2.2-4347, et seq. The Private Entity may neither terminate this Agreement nor stop the Work due to a failure or delay in payment, and any attempt to terminate this Agreement or stop the Work shall constitute a default on the part of the Private Entity.
Appears in 4 contracts
Samples: Design and Construction Agreement, Comprehensive Agreement, Comprehensive Agreement