Default and Termination Provisions Clause Samples
The Default and Termination Provisions clause defines the circumstances under which a contract may be ended due to a party's failure to fulfill its obligations. Typically, this clause outlines what constitutes a default, such as missed payments or breaches of key terms, and describes the process for notifying the defaulting party and any opportunity to remedy the issue before termination occurs. Its core function is to provide a clear framework for ending the agreement in cases of non-performance, thereby protecting the interests of the non-breaching party and reducing uncertainty in the event of a dispute.
Default and Termination Provisions. This Amendment is hereby made a part of this Contract. All other terms and conditions of the Contract shall remain in full force and effect. Except as otherwise expressly set forth herein, the terms and conditions contained in the Contract and subsequent amendments are unchanged. This Amendment sets forth the entire understanding between the Parties with regard to the subject matter hereof.
Default and Termination Provisions. Sub-section 5.2.1 is hereby deleted in its entirety and replaced with the following: The Contractor may, if permissible under Florida law, utilize the Florida Department of Correction (FDC)’s established contracts for revenue generating services including, but not limited to, canteen/commissary, package programs, inmate telephone, vending, and multimedia kiosks/tablets. The Contractor may work with the FDC to implement services from their existing contracts, in coordination with the Department of Management Services. All revenue generated from these services will continue to be deposited in the Privately Operated Institutions Inmate Welfare Trust Fund (POIIWTF).
Default and Termination Provisions. The Definitive Agreement shall contain default and termination provisions substantially in form attached hereto as Schedule 1.
Default and Termination Provisions. Where the Provider has failed to meet any requirements of the Agreement then (except where such failure amounts to serious or fundamental breach which is not capable of remedy) the Authority shall notify the Provider of such failure and shall specify the time within which the failure must be remedied by the Provider, such time period to be reasonable in all the circumstances of the case.
Default and Termination Provisions