Common use of Contractor’s Remedies Clause in Contracts

Contractor’s Remedies. If the Subcontractor defaults or neglects to carry out the Work in accordance with the Subcontract and fails within five working days after receipt of notice from the Contractor to commence and continue correction of such default or neglect with diligence and promptness, the Contractor may, without prejudice to other remedies the Contractor may have, remedy such default or neglect and withhold, the reasonable cost thereof from current or future payments due the Subcontractor. If payments due to the Subcontractor are not sufficient to cover such amounts, the Subcontractor shall pay the difference to the Contractor.

Appears in 2 contracts

Sources: Master Agreement, Master Agreement

Contractor’s Remedies. If the Subcontractor defaults or neglects to carry out the Work in accordance with the Subcontract this Agreement and fails within five three (3) working days after receipt of notice from the Contractor to commence and continue correction of such default or neglect with diligence and promptnesspromptness to Contractor’s satisfaction, the Contractor may, without prejudice to other remedies the Contractor may have, remedy such default or neglect and withhold, in accordance with Section 11.1.7.2, the reasonable cost thereof thereof, plus mark up for cost of services, from current or future payments due the Subcontractor. If payments due to the Subcontractor are not sufficient to cover such amounts, the Subcontractor shall pay the difference to the Contractor.

Appears in 2 contracts

Sources: Standard Form of Agreement Between Contractor and Subcontractor, Standard Form of Agreement Between Contractor and Subcontractor

Contractor’s Remedies. If the Subcontractor defaults or neglects to carry out the Work in accordance with the Subcontract this Master Agreement and fails within five three working days after receipt of notice from the Contractor to commence and continue correction of such default or neglect with diligence and promptness, the Contractor may, without prejudice to other remedies the Contractor may have, remedy such default or neglect and withhold, in accordance with Section 11.1.7.2, the reasonable cost thereof from current or future payments due the Subcontractor. If payments due to the Subcontractor are not sufficient to cover such amounts, the Subcontractor shall pay the difference to the Contractor.

Appears in 2 contracts

Sources: Master Subcontract Agreement, Standard Form of Agreement Between Contractor and Subcontractor

Contractor’s Remedies. If the Subcontractor defaults or neglects to carry out the Work in accordance with the Subcontract this Agreement and fails within five three (3) working days after receipt of notice from the Contractor to commence and continue correction of such default or neglect with diligence and promptnesspromptness to Contractor’s satisfaction, the Contractor may, without prejudice to other remedies the Contractor may have, remedy such default or neglect and withhold, in accordance with Section 11.1.7.2, the reasonable cost thereof from current or future payments due the Subcontractor. If payments due to the Subcontractor are not sufficient to cover such amounts, the Subcontractor shall pay the difference to the Contractor.

Appears in 2 contracts

Sources: Standard Form of Agreement Between Contractor and Subcontractor, Standard Form of Agreement Between Contractor and Subcontractor

Contractor’s Remedies. If the Subcontractor defaults or neglects to carry out the Work in accordance with the Subcontract this Agreement and fails within five working days after receipt of notice from the Contractor to commence and continue correction of such default or neglect with diligence and promptness, the Contractor may, without prejudice to other remedies the Contractor may have, remedy such default or neglect and withhold, in accordance with Section 11.1.7.2, the reasonable cost thereof from current or future payments due the Subcontractor. If payments due to the Subcontractor are not sufficient to cover such amounts, the Subcontractor shall pay the difference to the Contractor.

Appears in 1 contract

Sources: Standard Form of Agreement Between Contractor and Subcontractor