Common use of Termination for Default, Breach or Cause Clause in Contracts

Termination for Default, Breach or Cause. All Contracts Except as Provided Otherwise Herein. If Contractor does not deliver goods in accordance with the Contract delivery schedule, or if the Contract is for services and Contractor fails to perform in the manner called for in the Contract, or if Contractor fails to comply with any other provisions of the Contract, STA may terminate this Contract for default. Termination shall be effected by serving a notice of termination to Contractor setting forth the manner in which Contractor is in default. Contractor shall only be paid the Contract price for goods delivered and accepted, or for services performed, in accordance with the manner of performance set forth in the Contract. If this Contract is terminated while Contractor has possession of STA goods, Contractor shall protect and preserve the goods until surrendered to STA or its agent. If it is later determined by STA that Contractor had an excusable reason for non- performance, such as a strike, fire or flood, events which are not the fault of or are beyond the control of Contractor, STA, after setting up a new delivery or performance schedule, may allow Contractor to continue work, or treat the termination as a termination for convenience.

Appears in 4 contracts

Samples: Services Agreement, Janitorial Services Agreement, Janitorial Services Agreement

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