Common use of Termination for Default/Cause Clause in Contracts

Termination for Default/Cause. (a) If the contractor refuses or fails to timely perform any of the provisions of this agreement with such diligence as will ensure its completion within the time specified in this agreement, AURA may notify the contractor in writing of the non-performance, and if not promptly corrected within the time specified, AURA may terminate the contractor's right to proceed with this agreement or such part of this agreement as to which there has been delay or a failure to properly perform. The contractor shall continue performance of the agreement to the extent it is not terminated and shall be liable for excess costs incurred in procuring similar goods or services elsewhere and excess costs incurred in AURA’s operation because of any resulting delay. Payment for completed services performed and accepted shall be at the price(s) provided in this agreement.

Termination for Default/Cause. (ai) If the contractor Contractor refuses or fails to timely perform any of the provisions of this agreement Contract with such diligence as will ensure its completion within the time specified in this agreementContract, AURA may notify the contractor Contractor in writing of the non-performance, and if not promptly corrected within the time specified, AURA may terminate the contractor's Contractor’s right to proceed with this agreement Contract or such part of this agreement Contract as to which there has been delay or a failure to properly perform. The contractor Contractor shall continue performance of the agreement Contract to the extent it is not terminated terminated, and shall be liable for excess costs incurred by AURA in re-procuring similar goods or services elsewhere and excess costs incurred in AURA’s operation because of any resulting delay. Payment for completed services performed and accepted shall be at the price(s) provided in this agreementContract.