Work Stop Sample Clauses
A Work Stop clause allows one party, typically the client or project owner, to temporarily halt work being performed under a contract. This clause outlines the procedures for issuing a stop work order, such as providing written notice and specifying the duration or conditions of the stoppage. It may also address how costs incurred during the stoppage are handled and the process for resuming work. The core function of this clause is to give flexibility to pause operations in response to unforeseen circumstances or changes in project requirements, thereby managing risk and preventing unnecessary expenditures.
Work Stop. Subject to the terms and conditions of Section 22, and after construction has begun, if (i) the Project Phase Work is not completed (as determined in accordance with Section 12(c)) within twenty-four (24) months after the Commencement Date with respect to the Culinary Accelerator Building and within thirty-six (36) months after the Commencement Date for the remainder of the Project; or (ii) all construction work of a material nature ceases with respect to the Project Phase Work for a period of at least one hundred twenty (120) consecutive days or for more than a total of one hundred fifty (150) days during any two hundred forty (240) day period, then, at any time until construction work of a material nature resumes and is continuing, City may elect, in addition to any other legal and equitable remedies available to City, to unilaterally terminate this Agreement and all Ancillary Agreements and notify Developer that no additional Bond Proceeds will be disbursed, without any liability or obligation to Developer or Project Lender. Subject to the foregoing, the Power of Termination and foregoing rights shall be deemed exercised upon delivery to Developer of written notice (1) at any time after the expiration of the 24th month or the 36th month in the case of clause (i) of the preceding sentence (but prior to Substantial Completion of the Project Phase Work); or (2) prior to material resumption of the construction work in the case of clause (ii) of the preceding sentence. No delay or failure by City Bodies to enforce any of the covenants, conditions, reservations and rights contained in this Section 17(b), or to invoke any available remedy with respect to an Event of Default by Developer shall under any circumstances be deemed or held to be a waiver by City Bodies of the right to do so thereafter, or an estoppel of City Bodies to assert any right available to it upon the occurrence, recurrence of continuation of any violation or violations hereunder. No consent from, or notice to, Project Lender or any cure right in favor of Project Lender shall be required in connection with the exercise of such right. The foregoing terms shall be incorporated into the Multi-Party Agreement. IN WITNESS WHEREOF, City, Building Corp., EDC, RDC, and Developer have executed this First Amendment to Project Agreement as of the day and year first written above.
Work Stop. Subject to the terms and conditions of Section 22, and after construction has begun, if (i) the Project Phase Work is not completed (as determined in accordance with Section 12(c)) within twenty-four (24) months after the Bond Proceeds Date for the specific Project Phase; or (ii) all construction work of a material nature ceases with respect to the Project Phase Work for a period of at least one hundred twenty (120) consecutive days or for more than a total of one hundred fifty (150) days during any two hundred forty (240) day period, then, at any time until construction work of a material nature resumes and is continuing, City may elect, in addition to any other legal and equitable remedies available to City, to unilaterally terminate this Agreement and all Ancillary Agreements and notify Developer that no additional Bond Proceeds will be disbursed, without any liability or obligation to Developer or Project Lender. Subject to the foregoing, the Power of Termination and foregoing rights shall be deemed exercised upon delivery to Developer of written notice (1) at any time after the expiration of the 24th month in the case of clause (i) of the preceding sentence (but prior to Substantial Completion of the Project Phase Work); or (2) prior to material resumption of the construction work in the case of clause (ii) of the preceding sentence. No delay or failure by City Bodies to enforce any of the covenants, conditions, reservations and rights contained in this Section 17(b), or to invoke any available remedy with respect to an Event of Default by Developer shall under any circumstances be deemed or held to be a waiver by City Bodies of the right to do so thereafter, or an estoppel of City Bodies to assert any right available to it upon the occurrence, recurrence of continuation of any violation or violations hereunder. No consent from, or notice to, Project Lender or any cure right in favor of Project Lender shall be required in connection with the exercise of such right. The foregoing terms shall be incorporated into the Multi-Party Agreement.
Work Stop. After construction has begun, if (i) the Project has not reached Substantial Completion within eighteen (18) months of the Commencement of Construction; or
Work Stop. Subject to Force Majeure, and after construction has begun, if (i) Substantial Completion of the Police Station has not occurred by August 1, 2018; or (ii) all construction work of a material nature ceases with respect to the Police Station for a period of at least sixty (60) consecutive days or for more than a total of ninety (90) days during any one hundred eighty (180) day period, then, at any time until construction work of a material nature resumes and is continuing, City may elect, in addition to any other legal and equitable remedies available to City, to (i) unilaterally terminate this Agreement and all Ancillary Agreements; and
Work Stop. Subject to the terms and conditions of Section 22, and once construction has begun, if the Town enters into the Termination Agreement with the owner of the ▇▇▇▇▇▇ Building and (i) the Project is not completed (as determined in accordance with Section 12(c)) within twenty-four (24) months of the Closing Date; or
Work Stop. Subject to Force Majeure, (i) if the Project is not completed within thirty (30) months of the Execution Date; or (ii) all construction work of a material nature ceases with respect to the Project for a period of at least sixty (60) consecutive days or for more than a total of ninety (90) days during any one hundred eighty (180) day period, then, at any time until construction work of a material nature resumes and is continuing, City may elect, in addition to any other legal and equitable remedies available to City, to: (i) unilaterally terminate this Agreement and the Parking Easement; and (ii) re-enter the Office Site and exercise its Power of Termination and cause title to the Office Site to re-vest in Building Corp.; in each case, without any liability or obligation to RQAW, Developer or Project Lender. Subject to the foregoing, the Power of Termination and foregoing rights shall be deemed exercised upon delivery to: (A) Developer and RQAW of written notice: (1) at any time after the expiration of the 30th month in the case of clause (i) of the preceding sentence (but prior to Substantial Completion of the Project); or (2) prior to material resumption of the construction work in the case of clause (ii) of the preceding sentence; and (B) Project Lender of the Divestiture Payment. Such notice together with evidence of remittance of the Divestiture Payment to Project Lender may be recorded by Building Corp. contemporaneously with, or at any time after, its delivery of such notice and payment to Developer, RQAW and Project Lender. Upon delivery of such notice, Developer or RQAW, as applicable, shall surrender possession of the Office Site, and the Parking Easement, and title to, and all estates of Developer and RQAW in the Office Site and Parking Easement
Work Stop. Subject to the terms and conditions of Section 22, and after construction has begun, if (i) the Project is not completed (as determined in accordance with Section 12(c)) within thirty (30) months of the Closing Date; or (ii) all construction work of a material nature ceases with respect to the Project for a period of at least sixty
Work Stop. Subject to Force Majeure, and after construction has begun, if (i) Substantial Completion of the Garage has not occurred by August 1, 2018; or (ii) all construction work of a material nature ceases with respect to the Garage for a period of at least sixty (60) consecutive days or for more than a total of ninety (90) days during any one hundred eighty (180) day period, then, at any time until construction work of a material nature resumes and is continuing, City may elect, in addition to any other legal and equitable remedies available to City, to (i) unilaterally terminate this Agreement and all Ancillary Agreements; and (ii) re-enter the Project Site and
Work Stop. Subject to the terms and conditions of Section 22, and after Developer commences construction after Closing, if (i) the Office Building and Garage have not reached Substantial Completion within twenty-four (24) months of the Closing Date; or (ii) all construction work of a material nature ceases with respect to the Initial Project for a period of at least sixty (60) consecutive days or for more than a total of ninety (90) days during any one hundred eighty (180) day period, then, at any time until construction work of a material nature resumes and is continuing, City may elect, in addition to any other legal and equitable remedies available to City, to (i) unilaterally terminate this Agreement and all Ancillary Agreements; (ii) re-enter the Project Site and exercise its Power of Termination and cause title to the Project Site to vest in Building Corp.; and (iii) terminate the Ancillary Documents, including, without limitation, the Garage Lease and Developer’s leasehold estate in the Garage and the Garage Parcel pursuant to the Garage Lease; in each case, without any liability or obligation to Developer. Subject to the foregoing, the Power of Termination and foregoing rights shall be deemed exercised upon delivery to (A) Developer of the written notice (1) at any time after the expiration of the 24th month in the case of clause (i) of the preceding sentence (but prior to Substantial Completion of the Initial Project); or