Common use of Failure to Provide a Recovery Schedule Clause in Contracts

Failure to Provide a Recovery Schedule. Failure shall subject Trade Contractor to the assessment of Liquidated Damages for failure to meet the Contract Time. Refusal or failure to provide a Recovery Schedule shall be considered a substantial failure of performance and a material breach of Contract and may result in Termination of the Contract pursuant to Article 14.

Appears in 1 contract

Sources: Trade Contract

Failure to Provide a Recovery Schedule. Failure shall subject Trade Contractor Design-Builder to the assessment of Liquidated Damages for failure to meet the Contract Time. Refusal or failure to provide a Recovery Schedule shall be considered a substantial failure of performance and a material breach of Contract and may result in Termination of the Contract pursuant to Article 14.

Appears in 1 contract

Sources: Design Build Agreement