Common use of Contractor May Stop Work or Terminate Clause in Contracts

Contractor May Stop Work or Terminate. If, through no act or fault of Contractor, the Work is suspended for more than ninety (90) consecutive days by Owner or under an order of court or other public authority, or Architect fails to act on any Application for Payment within forty-five (45) days after it is submitted, or Owner fails for forty-five (45) days to pay Contractor any sum finally determined to be due, then Contractor may, upon seven (7) days written notice to Owner and Architect, and provided Owner or Architect do not remedy such suspension or failure within that time, terminate the Contract and recover from Owner payment on the same terms as provided in paragraph 19.2.2. In lieu of terminating the Contract and without prejudice to any other right or remedy, if Architect has failed to act on an Application for Payment within forty-five (45) days after it is submitted, or Owner has failed for forty-five (45) days to pay Contractor any sum finally determined to be due, Contractor may, seven

Contractor May Stop Work or Terminate. If, through no act or fault of Contractor, the Work is suspended for more than ninety (90) consecutive days by Owner or under an order of court or other public authority, or Architect fails to act on any Application for Payment within forty-five forty‐five (45) days after it is submitted, or Owner fails for forty-five forty‐five (45) days to pay Contractor any sum finally determined to be due, then Contractor may, upon seven (7) days written notice to Owner and Architect, and provided Owner or Architect do not remedy such suspension or failure within that time, terminate the Contract and recover from Owner payment on the same terms as provided in paragraph 19.2.2. In lieu of terminating the Contract and without prejudice to any other right or remedy, if Architect has failed to act on an Application for Payment within forty-five forty‐five (45) days after it is submitted, or Owner has failed for forty-five forty‐five (45) days to pay Contractor any sum finally determined to be due, Contractor may, seven