Common use of Contractor’s Default Clause in Contracts

Contractor’s Default. Contractor shall be in default hereunder if it fails to perform any of its obligations under this Contract and such failure continues for ten (10) days after Owner gives Contractor written Notice. If such failure is not capable of being cured within the ten (10) day period, and Contractor commences and diligently pursues such cure within the ten (10) day period, the time period within which Contractor may effect a cure shall be extended for such period of time as may be reasonably necessary to complete such cure. If Contractor is in default under this Contract beyond any applicable cure period, Owner shall have the right to terminate this Contract by giving Contractor five (5) days written Notice, whereupon Owner shall pay Contractor to the date of termination, if not previously paid, and may offset the cost of repairing any damage resulting from Contractor's breach of This Golf Course Maintenance Contract as a full or partial remedy for Contractor's breach, as the case may be.

Appears in 2 contracts

Sources: Golf Course Maintenance Contract, Golf Course Maintenance Contract

Contractor’s Default. Contractor shall be in default hereunder if it fails to perform any of its obligations under this Contract and such failure continues for ten (10) days after Owner gives Contractor written Notice. If such failure is not capable of being cured within the ten (10) day period, and Contractor commences and diligently pursues such cure within the ten (10) day period, the time period within which Contractor may effect a cure shall be extended for such period of time as may be reasonably necessary to complete such cure. If Contractor is in default under this Contract beyond any applicable cure period, Owner shall have the right to terminate this Contract by giving Contractor five (5) days written Notice, whereupon Owner shall pay Contractor to the date of termination, if not previously paid, and may offset the cost of repairing any damage resulting from Contractor's breach of This Golf Course Maintenance Contract as a full or partial remedy for Contractor's breach, as the case may be.from

Appears in 1 contract

Sources: Golf Course Maintenance Contract