Common use of 13a TERMINATION FOR DEFAULT Clause in Contracts

13a TERMINATION FOR DEFAULT. (a) Except for agreements with educational and other non-profit institutions, Company may terminate this Agreement for default, in whole or in part, if, after 10 days from Company’s written notice, Seller fails to comply with any of the terms of this Agreement, fails to make progress, so as to endanger performance of this Agreement, or fails to provide adequate assurance of future performance. In that event, Company shall not be liable for any services or supplies not accepted.

Appears in 10 contracts

Samples: General Terms, www.y12.doe.gov, www.y12.doe.gov

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13a TERMINATION FOR DEFAULT. (a) Except for agreements with educational and other non-profit institutions, Company may terminate this Agreement for default, in whole or in part, if, after 10 days from Company’s written notice, if Seller (1) fails to comply with any of the terms of this Agreement, (2) disregards laws, safety or environmental regulations, or ordinances, (3) fails to make progress, progress so as to endanger performance of this Agreement, or (4) fails to provide adequate assurance of future performance, or (5) fails to perform satisfactorily under this Agreement. In that event, Company shall not be liable for any services or supplies not accepted.

Appears in 2 contracts

Samples: contracts.ornl.gov, contracts.ornl.gov

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