Termination for Default definition

Termination for Default means the termination of a Party under the Trade Contract Agreement by the Authority for cause.

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Termination for Default. - means the exercise of SBOC’s right to terminate a contract completely or partially because of the Awarded Bidder's actual or anticipated failure to perform its contractual obligations.

Termination for Default means the exercise of the Gov- ernment’s right to completely or partially terminate a contract because of the contractor’s actual or anticipated failure to per- form its contractual obligations.

Examples of Termination for Default in a sentence

• A violation of these terms may be considered a material breach and any such material breach may be grounds for termination of this Agreement under the provisions of Section 3.10.01 (Termination for Default).

• In the event of unsatisfactory resolution of ‘Notice of Default’ within two weeks of its issue as per subclause above, MDL if so decided, shall by written Notice of Termination for Default sent to the contractor, terminate the contract in whole or in part, without compensation to the contractor.

• If it is determined for any reason that the Contractor was not in default or that the default was beyond Contractor’s or Sub-contractor’s control, fault or negligence, then the Termination for Default shall convert to Termination for Convenience.

• If this Contract is terminated pursuant to the Termination for Default clause, the Contractor shall, upon demand, repay WMATA the amount of any unliquidated performance- based payments.

• Any attempt to transfer by assignment that the Contracting Officer does not first authorize shall constitute a material breach of this Contract and the Contracting Officer may terminate this Contract in accordance with the "Termination for Default" clause set forth in this Contract.

More Definitions of Termination for Default

Termination for Default means the exercise of the Gov- ernment’s right to completely or partially terminate a con- tract because of the contractor’s actual or anticipated failure to perform its contractual obligations.

Termination for Default shall have the meaning specified in Section 9.A.

Termination for Default. If, after notice of termination of CONTRACTOR’S right to proceed under the provisions of this clause, it is determined for any reason this Agreement was not in default under the provisions of this clause, or the delay was excusable under the provisions of Paragraph (D) (Excuse for Nonperformance or Delayed Performance) of this clause, the rights and obligations of the parties shall, if the Agreement contains a clause providing for termination for convenience of the State, be the same as if the notice of termination had been issued pursuant to such clause.

Termination for Default. ▇▇▇▇▇▇ County reserves the right to enforce the performance of this contract in any manner prescribed by law or deemed to be in the best interest of the County in the event of breach or default of this contract. Non-Performance of the bidder shall be a basis for termination of the contract by the County. The County shall not pay for any commodities/services that are unsatisfactory. FORCE ▇▇▇▇▇▇: Neither party shall be responsible for delays caused by “Acts of God,” non-county governmental processes, national emergency or any other causes beyond their reasonable control. Upon the discovery of such an event, the affected party shall notify the other and arrange a meeting to propose a program for a solution to the problem and if necessary, to establish an estimated period of time of suspension or extension of the work.

Termination for Default. If Sub-recipient fails to fulfill his/her obligations under this Agreement properly and on time, or otherwise violates any provision of the Agreement, the County, acting by and through CCFN may terminate the agreement by written notice to Sub-recipient. The notice shall specify the acts of omission relied on as cause for termination. The County, acting by and through the CCFN, shall pay Sub-recipient fair and equitable compensation for satisfactory performance prior to the receipt of notice of termination, less the amount of damages caused by Sub-recipient’s breach. If the damages are more than the compensation payable to Sub-recipient, Sub-recipient will remain liable after termination and the County shall pursue collection of damages by any available legal means. (See Attachments VI, VIa, VIb.)

Termination for Default means the exercise of the Government’s right to completely or partially terminate a contract because of the contractor’s actual or anticipated failure to perform its contractual obligations.

Termination for Default means a termination for cause of a Service in accordance with the terms of Section 17.2.