Common use of ASSIGNMENT OF SUBCONTRACT AGREEMENTS Clause in Contracts

ASSIGNMENT OF SUBCONTRACT AGREEMENTS. Design-Builder shall provide for assignment of subcontract agreements in the event that Owner terminates this Agreement for cause as provided in GC 9.3 (“Owner’s Right to Perform and Terminate for Cause”). Following such termination, Owner shall notify in writing those subcontractors whose assignments will be accepted, subject to the rights of sureties.

ASSIGNMENT OF SUBCONTRACT AGREEMENTS. Design-/Builder shall provide for the assignment of subcontract agreements in the event that if Owner terminates this the Agreement for cause default of Design/Builder or terminates Design/Builder as provided in GC 9.3 (“Owner’s Right to Perform and Terminate for Cause”)Sections 10.03 or 10.04 of this Agreement. Following such termination, Owner shall notify in writing those subcontractors Subcontractors whose assignments will be it has accepted, subject to the rights of sureties.

ASSIGNMENT OF SUBCONTRACT AGREEMENTS. Design-/Builder shall provide for the assignment of subcontract agreements in the event that if Owner terminates this the Agreement for cause default of Design/Builder or terminates Design/Builder as provided in GC 9.3 (“Owner’s Right to Perform and Terminate for Cause”)Sections 10.3 or 10.4 of this Agreement. Following such termination, Owner shall notify in writing those subcontractors Subcontractors whose assignments will be it has accepted, subject to the rights of sureties.