Common use of TERMINATION OF CONTRACT FOR DEATH Clause in Contracts

TERMINATION OF CONTRACT FOR DEATH. If the Contractor is an individual or a proprietary concern and the individual or the proprietary dies and if the Contractor is a partnership in concern and one of the partners dies, then unless the Accepting Authority is satisfied that the legal representative of the individual Contractor or of the proprietor of the proprietary concern and in the case of partnership, the surviving partners, are capable of carrying out and complete the Contract, the Accepting Authority shall be entitled to cancel the Contract as to its incomplete part without the Corporation being in any way liable to payment of any compensation to the estate of the deceased Contractor and/or to the surviving partners of the Contractors firm on account of the cancellation of the Contract. The decision of the Accepting authority that the legal representatives of the deceased Contractor or the surviving partners of the Contractor's firm cannot carry out and complete the Contract shall be final and binding on the partners. In the event of such cancellation the Corporation shall not hold the estate of the deceased Contractor and/or the surviving partners of the Contractor's firm liable in damages for not completing the Contract.

Appears in 9 contracts

Samples: Confidentiality Agreement, Confidentiality Agreement, Confidentiality Agreement

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TERMINATION OF CONTRACT FOR DEATH. 38. If the Contractor is an individual or a proprietary concern and the individual or the proprietary proprietor dies and if the Contractor is a partnership in concern and one of the partners dies, partner dies then unless the Accepting Authority Company is satisfied that the legal representative of the individual Contractor contractor or of the proprietor of the proprietary concern and in the case of partnership, the surviving partners, are capable of carrying out and complete completing the Contract, the Accepting Authority . The Company shall be entitled to cancel the Contract as to its incomplete uncompleted part without the Corporation Company being in any way liable to payment of any compensation to the estate of the deceased Contractor and/or to the surviving partners of the Contractors Contractor's firm on account of the cancellation of the Contract. The decision of the Accepting authority Company that the legal representatives representative of the deceased Contractor or the surviving partners of the Contractor's firm cannot carry out and complete the Contract shall be final and binding on the partnersparties. In the event of such cancellation the Corporation company shall not hold the estate of the deceased Contractor and/or the surviving partners of the Contractor's firm liable in for damages for not completing the Contract.

Appears in 1 contract

Samples: tenders.itiltd.in

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TERMINATION OF CONTRACT FOR DEATH. Page14 If the Contractor is an individual or a proprietary concern and the individual or the proprietary dies and if the Contractor is a partnership in concern and one of the partners dies, then unless the Accepting Authority is satisfied that the legal representative of the individual Contractor or of the proprietor of the proprietary concern and in the case of partnership, the surviving partners, are capable of carrying out and complete the Contract, the Accepting Authority shall be entitled to cancel the Contract as to its incomplete part without the Corporation being in any way liable to payment of any compensation to the estate of the deceased Contractor and/or to the surviving partners of the Contractors firm on account of the cancellation of the Contract. The decision of the Accepting authority that the legal representatives of the deceased Contractor or the surviving partners of the Contractor's firm cannot carry out and complete the Contract shall be final and binding on the partners. In the event of such cancellation the Corporation shall not hold the estate of the deceased Contractor and/or the surviving partners of the Contractor's firm liable in damages for not completing the Contract.

Appears in 1 contract

Samples: uclindia.nic.in

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