Contractor Default definition

Contractor Default shall have the meaning set forth in Clause 23.1;
Contractor Default means any one or more of the following:
Contractor Default means the Contractor’s inability to perform their contractual obligations within the timescales detailed in the Contract.

Examples of Contractor Default in a sentence

  • Any proceeding, legal or equitable, under this Bond may be instituted in any court of competent jurisdiction in the location in which the work or part of the work is located and shall be instituted within two years after Contractor Default or within two years after the Contractor ceased working or within two years after the Surety refuses or fails to perform its obligations under this Bond, whichever occurs first.

  • Any proceeding, legal or equitable, under this Bond may be instituted in any court of competent jurisdiction in the location in which the work or part of the work is located and shall be instituted within two years after a declaration of Contractor Default or within two years after the Contractor ceased working or within two years after the Surety refuses or fails to perform its obligations under this Bond, whichever occurs first.

  • The Lessee shall pay the applicable monthly or annual rent payment for the Leased Property for the full Lease term unless the Lessee terminates the Lease, either for Contractor Default or for nonappropriation of funds as specified in Subsection B.

  • Contractor Default: Failure of Contractor, which has neither been remedied nor waived, to perform or otherwise to comply with the terms of the Contract.

  • To secure all necessary public liability, property damage and other forms of insurance as may be deemed necessary to protect the interests of the Corporation.


More Definitions of Contractor Default

Contractor Default means one of the following events:
Contractor Default means any of the events of default set out in Clause 12.2 (Contractor Default);
Contractor Default the following events:-
Contractor Default as defined in clause 1.1 of the Project Agreement;
Contractor Default means a failure of the Contractor, which has neither been remedied nor waived, to perform or otherwise to comply with the terms of the Contract.
Contractor Default any of the following:
Contractor Default has the meaning set forth in Section 12.1.