BRCC definition
Examples of BRCC in a sentence
In the event that Recipient ceases to be employed by BRCC for any reason, then Recipient shall immediately forfeit, without any further action by the Company, Recipient or any other Person, any Unvested Restricted Units for no consideration.
The Company may terminate this contract for cause based upon the failure of the Contractor (BRCC) to comply with the terms and/or conditions of the Contract; provided that the Company shall give the Contractor (BRCC) written notice specifying the Contractor's (BRCC) failure.
In consideration of the services described above, the Company hereby agrees to pay the Contractor (BRCC) a maximum fee of $X,XXX.
The Company may terminate the Contract at any time by giving thirty (30) days written notice to the Contractor (BRCC).
If within thirty (30) days after receipt of such notice, the Contractor (BRCC) shall not have either corrected such failure or, in the case of failure which cannot be corrected in thirty (30) days, begun in good faith to correct said failure and thereafter proceeded diligently to complete such correction, then the Company may, at its option, place the Contractor (BRCC) in default and the Contract shall terminate on the date specified in such notice.
The Contractor (BRCC) may exercise any rights available to it under Louisiana law to terminate for cause upon the failure of the Company to comply with the terms and conditions of this contract; provided that the Contractor (BRCC) shall give the Company written notice specifying the Company's failure and a reasonable opportunity for the Company to cure the defect.
The Contractor (BRCC) shall be entitled to payment for deliverables in progress, to the extent work has been performed satisfactorily.
Any act of discrimination committed by Contractor (BRCC), or failure to comply with these statutory obligations when applicable shall be grounds for termination of this contract.
Contractor (BRCC), a State government entity, is exempt from federal or state taxes.
This provision shall not be construed to prohibit the Contractor (BRCC) from assigning his bank, trust company, or other financial institution any money due or to become due from approved contracts without such prior written consent.