TERMINATION OF THE CONTRACT BY THE CONTRACTOR Sample Clauses

TERMINATION OF THE CONTRACT BY THE CONTRACTOR. (1) If the Town has failed to pay to the Contractor any amount due under clause 6, other than an amount being the subject of a dispute or difference under this Contract or any legal proceedings commenced in respect of this Contract, within 28 days of any period for payment stated in the Annexure, the Contractor may give notice in writing to the Town stating that notice of termination under this Contract may be served if payment is not made within a further 14 days. (2) If the Town fails to make payment within 14 days of the receipt of a notice pursuant to clause 39.5(1) the Contractor may, by written notice to the Town, either suspend the performance of the Services or terminate this Contract. (3) If the Town fails to respond to requests or provide to the Contractor information or other materials essential to the performance of services, or acts in a way that inhibits the Contractor from effectively performing its work or fulfilling its obligations under this Contract, the Contractor may, by written notice to the Town, either suspend the performance of the Services or terminate this Contract.
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TERMINATION OF THE CONTRACT BY THE CONTRACTOR. 39.1 Without prejudice to any other rights and remedies which the Contractor may possess, if: 39.1.1 The Contractor does not receive a payment certificate which he applied for in accordance with clause 34.1 of these conditions within fourteen-days of the application and the default continues for sixty days after expiry of the stated period, or 39.1.2 The Employer does not pay to the Contractor the amount due on any certificate within the period for honouring certificates named in clause 34.5 of these conditions and continues such default for sixty days after expiry of that period, or 39.1.3 The Employer interferes with or obstructs the issue of any certificate due under this contract, and continues such act for sixty days after a notice of default has been issued by the Contractor, or 39.1.4 The carrying out of the whole or substantially the whole of the uncompleted Works (other than the execution of work required under sub-clause 41.6 of these conditions) is suspended for a continuous period of sixty days by reason of; 39.1.4.1 Delay in receiving possession of or access to the site, or 39.1.4.2 Architect's instructions issued under clauses 22.0, 28.1, or 30.0 of these conditions, or 39.1.4.3 The Contractor not having received in due time necessary instructions, drawings, details or levels from the Architect for which he specifically applied in writing on a date which having regard to the date for practical completion stated in the appendix to these conditions, or to any extension of time granted under clause 36.0 of these conditions, was neither unreasonably distant from nor unreasonably close to the date on which it was necessary for him to receive the same, or 39.1.4.4 Delay in appointing a replacement architect, Quantity Surveyor, Engineer, or 39.1.4.5 Delay on the part of artists, tradesmen or others engaged by the employer in executing works not forming part of this contract, or
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TERMINATION OF THE CONTRACT BY THE CONTRACTOR. The Contractor may suspend the construction of the Project by giving a 21 days’ notice to the Owner if the Owner fails to make payment in accordance with the terms and conditions hereof until the Contractor receives proper payment.
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TERMINATION OF THE CONTRACT BY THE CONTRACTOR. If payment of the amount payable by the Bank under the Certificates of the Architect/Consultant with interest as provided for hereinafter shall be in arrears and unpaid for thirty days after notice in writing requiring payment of the amount with interest as aforesaid shall have been given by the Contractor to the Bank (or if the Bank interferes with or obstruct issue of any such Certificates), or the Bank commits any „Act of Insolvency‟, or if the Bank being an individual, or firm shall be adjudged insolvent or (being an incorporated company)shall have an order made against it or pass an effective resolution for winding up either compulsorily or subject to the supervision of the court or Voluntarily, or if the official Assignee of the Bank being an individual, or firm shall be adjudged insolvent or (being an incorporated company) shall have an order made against it or pass an effective resolution for winding up either compulsorily or subject to the supervision of the court or Voluntarily, or if the official Assignee of the Bank shall repudiate the Contract, or if the Official Assignee or the Liquidator in any such winding up fails within fifteen days after notice to him requiring him to do so, to show to the reasonable satisfaction of the Contractor that he is able to carry out and fulfill the Contract and to make all payments due, and to become due hereunder and if required by the Contractor, to give security for the same, or if the works be stopped for three months under an order of the Architect/Consultant or the Bank or by any injunction or other orders of any court of law, then and in any of the said cases the Contractor shall be at liberty to determine the Contract by notice in writing to the Bank, through the Architect/Consultant, and he shall be entitled to recover from the Bank payment for all works executed and for any loss he may sustain upon any plant or material supplied or purchased or prepared for the purpose of the Contract.
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TERMINATION OF THE CONTRACT BY THE CONTRACTOR. 25.1. If, after the contract is concluded, the Contractor notifies the Administration in writing, along with the reasons, that it cannot fulfill its commitment due to financial insolvency, except in cases of force majeure, performance guarantees and, if any, additional performance guarantees are recorded as revenue, and the contract is terminated and the account is liquidated in accordance with the general provisions. Article 26 - Termination of the contract by the Administration 26.1. The Administration terminates the contract in the following cases: a) In case the contractor does not fulfill its commitment in accordance with the tender document and contract provisions or does not complete the work on time, the same situation continues despite the Administration's notification given for at least ten days and the reasons for which are clearly stated, with a penalty of delay at the rate determined in the contract, b) In cases where it is determined that the Contractor has engaged in prohibited acts and behaviors specified in Article 25 of the Law No. 4735 during the implementation of the contract, in addition, without the need to protest, performance guarantees and, if any, additional performance guarantees are recorded as revenue and the contract is terminated and the account is liquidated in accordance with the general provisions.
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TERMINATION OF THE CONTRACT BY THE CONTRACTOR. 25.1. If the Contractor notifies the Contracting Authority in writing, along with the reasons, that he cannot fulfill his commitment due to financial insolvency, except in cases of force majeure, after the contract is concluded, the performance guarantee and additional performance guarantees, if any, are recorded as income and the contract is terminated and its account is liquidated in accordance with the general provisions, without the need for a separate protest.
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TERMINATION OF THE CONTRACT BY THE CONTRACTOR. The Contractor shall not have the right to terminate or abandon the Contract except for reasons of Force Majeure, or if the Operator Company shall be in breach of Contract or becomes insolvent or bankrupt.
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Related to TERMINATION OF THE CONTRACT BY THE CONTRACTOR

  • TERMINATION BY THE CONTRACTOR If the Work is stopped for a period of thirty days under an order of any court or other public authority having jurisdiction, or as a result of an act of government, such as a declaration of a national emergency making materials unavailable, through no act or fault of the Contractor or a Subcontractor or their agents or employees or any other persons performing any of the Work under a contract with the Contractor, or if the Work should be stopped for a period of thirty days by the Contractor because the Architect has not issued a Certificate for Payment as provided in Paragraph 9.7 of these General Conditions or because the State has not made payment thereon as provided in Paragraph 9.7, then the Contractor may, upon seven additional days written notice to the State and the Architect, terminate the Contract and recover from the State payment for all Work executed and for any proven loss sustained upon any materials, equipment, tools, construction equipment and machinery, including reasonable profit and damages.

  • Termination of the Contract 1. The Contractor may terminate the contract if the Partner has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Partner by registered letter has remained without effect for one month. 2. The Partner shall immediately notify the Contractor, supplying all relevant information, of any event likely to prejudice the performance of this contract.

  • Release by the Contractor The acceptance by the Contractor of final payment shall release NYSERDA from all claims and liability that the Contractor, its representatives and assigns might otherwise have relating to this Agreement.

  • Clean-Up Terminations by the Sellers (a) The Sellers shall have the right to elect to terminate this Agreement in the event that the remaining Serviced Appointments have generated LTM Fee Revenue that is less than 5% of the aggregate fee revenue generated by all Appointments that are Serviced Appointments as of January 1, 2024 in the twelve-month period prior to January 1, 2024. (b) In the event the Sellers elect to terminate this Agreement pursuant to clause (a) above, the Sellers shall, concurrently with such termination, pay to the Purchasers an amount equal to LTM Fee Revenue multiplied by 1.40. (c) For purposes of this Agreement, “LTM Fee Revenue” means the fee revenue (excluding net interest income but including money market fund fees) generated by all remaining Serviced Appointments in the last full twelve-month period prior to the time the Sellers elect to exercise their termination right pursuant to this Section 7.2.2.

  • Duration of the contract framework agreement or dynamic purchasing system II.2.10) Information about variants II.2.11) Information about options

  • Actions by the Company Any action, election or determination by the Board or any committee thereof pursuant to or relating to this Agreement will be effective if, and only if, it is taken or made by (or with the prior approval of) a majority of the members of the Board who are not at the time employees of Holdings or any of its Subsidiaries.

  • Termination of the Company Upon the voluntary termination of the Company upon the consent of the Members, the sale or other transfer of all or substantially all of the Company's assets or any other termination of the Company in accordance with the provisions of this Agreement, the Company shall wind up its affairs and shall then be liquidated as provided in Article 13.

  • Variation of the contract The parties undertake not to vary or modify the Clauses. This does not preclude the parties from adding clauses on business related issues where required as long as they do not contradict the Clause.

  • Termination by the Company This Agreement may be terminated and the Merger Transactions abandoned at any time before the Acceptance Time by the Company: (a) in order to enter into an Acquisition Agreement pursuant to and in accordance with Section 5.3(c), so long as concurrently with such termination the Company pays the Expense Reimbursement under Section 7.6(b)(i); (b) if Parent or Merger Sub breaches any of their respective representations or warranties, or fails to perform any of their respective covenants or agreements contained in this Agreement, and which breach or failure (i) would, individually or when aggregated with any such other breaches of failures, result in a Parent Material Adverse Effect and (ii) by its nature cannot be cured or has not been cured by Parent or Merger Sub, as applicable, by the earlier of (A) the Outside Date and (B) the date that is twenty (20) Business Days after Xxxxxx’s receipt of written notice of such breach from the Company, but only so long as the Company is not then in material breach of its representations or warranties or materially failing to perform its covenants or agreements contained in this Agreement in a manner that would allow Parent to terminate this Agreement under Section 7.3(b); or (c) upon prior written notice to Parent, if Xxxxxx Sub fails to commence the Offer in accordance with the terms of this Agreement hereof on or prior to the fifteenth (15th) Business Day following the date hereof or if Merger Sub fails to consummate the Offer when required to do so in accordance with the terms of this Agreement; provided, however, that the right to terminate this Agreement pursuant to this Section 7.4(c) shall not be available to the Company if the Company is in breach of any representation, warranty, covenant or agreement set forth in this Agreement that has been the proximate cause of, or resulted in, Merger Sub’s failure to commence or consummate the Offer in accordance with the terms of this Agreement.

  • For the Contractor Name: Xxxxx Xxxx Phone: 000-000-0000 Email: xxxxx@xxxxxxxxxxxxxxx.xxx

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