Termination of the Contract for Cause. (a) The Owner may terminate this Contract if: (i) the Contractor becomes insolvent, files a petition in bankruptcy, makes a general assignment for the benefit of its creditors, or (ii) a petition in bankruptcy is filed against the Contractor by a third party, and is not dismissed within sixty (60) days of having been filed, or a receiver is appointed for the Contractor; or (iii) the Contractor fails, refuses or is unable to carry out the Work or refuses or fails to supply enough properly skilled workers or proper materials to timely complete the Work in accordance with the Contract Documents; or (iv) the Contractor fails to make payment to subcontractors for materials or labor in accordance with the requirements of the Contract Documents or the respective agreements between the Contractor and the subcontractors; or (v) the Contractor disregards applicable laws, ordinances, or rules, regulations or orders of a public jurisdiction; or (vi) the Contractor otherwise breaches a material provision of the Contract Documents. (b) When any of the above reasons exist, the Owner may, without prejudice to any other remedy the Owner may have, terminate the Contract and take possession of the site and of all materials, equipment, tools, and construction equipment and machinery thereon, owned by the Contractor, and may finish the Work by whatever reasonable method the Owner may deem expedient.
Termination of the Contract for Cause. 12.1 Notwithstanding anything in this Agreement to the contrary, the parties agree that, upon a vote of two thirds (2/3) of the Board of Trustees, the Board of Trustees may terminate this Agreement at any time for “just cause” (as hereinafter defined).
Termination of the Contract for Cause. If the Consultant, due to its action or failure to act, shall fail to fulfill in a timely and proper manner his obligations under this contract, or if the Consultant has or shall violate any of the covenants, agreements, representations or stipulations of this contract, MNGWPD shall thereupon have the right to terminate this contract by giving written notice to the Consultant of such termination and specifying the effective date thereof, at least five (5) days before the effective date of such termination. In such event, all finished or unfinished documents and other materials collected or produced under this contract (as more fully described in paragraph 14 hereof) shall, at the option of MNGWPD, become its property and the Consultant shall be entitled to receive just and equitable compensation for any satisfactory work completed on such documents or materials. Notwithstanding the foregoing, the Consultant shall not be relieved of liability to MNGWPD for damages sustained by MNGWPD by virtue of any breach of this contract by the Consultant, and MNGWPD may withhold any payment to the Consultant for the purpose of set-off for damages caused by the Consultant's breach, until such time as the exact amount of damages to MNGWPD from the Consultant is determined.
Termination of the Contract for Cause. If the Consultant, due to its action or failure to act, shall fail to fulfill in a timely and proper manner its obligations under this agreement, or if the Consultant has or shall violate any of the covenants, agreements, representations or stipulations of this agreement, ARC shall thereupon have the right to terminate this agreement. Upon determination by ARC that a breach has occurred, ARC shall give notice to the Consultant of the breach. The Consultant shall have seven days to provide evidence of a satisfactory cure of said breach as determined by ARC. Should ARC determine that termination is appropriate, ARC shall give written notice to the Consultant of such termination and specify the effective date thereof, at least five days before the effective date of such termination. In such event, all information and materials collected or produced under this agreement and/or used in the performance of the scope of services shall, at the option of ARC, become its property. The Consultant shall be entitled to receive just and equitable compensation for any satisfactory work completed under the Scope of Service up to and including the effective date of termination as authorized in Attachment "B." Notwithstanding the foregoing to the extent provided by law, the Consultant shall not be relieved of liability to ARC for damages sustained by ARC by virtue of any breach of this agreement by the Consultant and ARC may withhold any payments to the Consultant for the purpose of set-off for damages caused by the Consultant's breach, until such time as the exact amount of damages to ARC from the Consultant is determined.
Termination of the Contract for Cause. 6.1. The contracting parties may dissolve the contract for a valid reason with immediate effect without observing a period of notice and a deadline by written declaration. In the event of extraordinary termination, mutually rendered services shall be settled on a pro rata basis. Amounts already paid to which no service can yet be attributed shall be refunded.
