Termination and Default if the Contractor fails to fulfill its obligations under this contract, the Board, in consultation with the New Haven Early Childhood Council may: • Temporarily Withhold payments until the obligation is fulfilled to the satisfaction of the Board; • Temporarily or permanently discontinue services under the Agreement; • Require that unexpended funds be returned to the Board; • Assign appropriate personnel to execute the Agreement until such time as corrections have been made to the satisfaction of the Board; • Require that this contract be assigned to an agency or person designated by the Board to bring the program into contractual compliance. • Terminate this Agreement; or • Take such other action, as the Board believes necessary.
Termination and Default if the Contractor fails to fulfill its obligations under this contract, the Board may: Temporarily Withhold payments until the obligation is fulfilled to the satisfaction of the Board; Temporarily or permanently discontinue services under the Agreement; Require that unexpended funds be returned to the Board; Assign appropriate personnel to execute the Agreement until such time as corrections have been made to the satisfaction of the Board; Require that this contract be assigned to an agency or person designated by the Board to bring the programintocontractual compliance. Terminate this Agreement; or Take such other action, as the Board believes necessary.
Examples of Termination and Default in a sentence
Kim (1993) “Transaction Costs, Suboptimal Termination and Default Probabilities”, Real Estate Economics, 21:247-263 and J.