Common use of BREACH & EARLY TERMINATION Clause in Contracts

BREACH & EARLY TERMINATION. a. The failure of either party to perform any of its obligations in accordance with this Agreement, in whole or in part, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 5 contracts

Samples: Construction Services Agreement, Construction Services Agreement, Construction Services Agreement

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