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.
TERMINATION OF THE CONTRACT BY THE CONTRACTOR. 39.1 Without prejudice to any other rights and remedies which the Contractor may possess, if:
TERMINATION OF THE CONTRACT BY THE CONTRACTOR. 19. 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.
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.
TERMINATION OF THE CONTRACT BY THE CONTRACTOR. 9.6.1. 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.
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.
