TERMINATION FOR CAUSE/DEFAULT. Owner agrees and Contractor understands that NCORR through CM, may act on behalf of Owner to enforce Contractor’s performance under this Agreement including action to terminate this Agreement for cause or default to protect Owner’s interest in the Property and the expenditure of federal CDBG-XX xxxxx funds. Action to terminate the Agreement for cause may arise if the following occur:
Appears in 7 contracts
Samples: Construction Agreement, New Construction Agreement, files.nc.gov
TERMINATION FOR CAUSE/DEFAULT. Owner agrees and Contractor understands that NCORR NCEM through CM, may act on behalf of Owner to enforce Contractor’s performance under this Agreement including action to terminate this Agreement for cause or default to protect Owner’s interest in the Property and the expenditure of federal CDBG-XX xxxxx funds. Action to terminate the Agreement for cause may arise if the following occur:
Appears in 2 contracts
Samples: Contractor Rehabilitation Agreement, Contractor Reconstruction Agreement
