Common use of Curing Defaults Clause in Contracts

Curing Defaults. If the Contractor is in default of any of its obligations under this Agreement, then the CSRD may notify the Contractor and, without terminating this Agreement, upon five days written notice to the Contractor, remedy the default and set-off all costs and expenses of such remedy against any amounts owing to the Contractor. Nothing in this Agreement will be interpreted or construed to mean that the CSRD has any duty or obligation to remedy any default of the Contractor. If the Contractor is an individual and dies or becomes incapacitated before completing the Services under this Agreement, this Agreement will automatically terminate as of the date of such death or incapacity, and payment will made by the CSRD in accordance with this Agreement for the Services performed and Disbursements incurred and remaining unpaid as of the effective date of such termination.

Appears in 3 contracts

Sources: Liquid Chlorine Supply and Delivery Agreement, Scada Monitoring and Maintenance Services Agreement, Agreement for Services