Performance Subcontracts and Amendments Sample Clauses

The "Performance, Subcontracts, and Amendments" clause defines the obligations of the parties regarding the execution of contractual duties, the use of subcontractors, and the process for modifying the agreement. It typically outlines the standards for satisfactory performance, sets conditions under which subcontracting is permitted (such as requiring prior approval), and establishes procedures for making changes to the contract, often requiring written consent from both parties. This clause ensures that all parties understand how work may be delegated and how the contract can be altered, thereby maintaining control over quality and preventing unauthorized changes.
Performance Subcontracts and Amendments. 1. Performance Monitoring: The COUNTY will monitor the performance of the DEVELOPER against goals, performance standards, and requirements herein. Substandard performance, as determined by the COUNTY, will constitute noncompliance with this Agreement. If action to correct such substandard performance is not taken by the DEVELOPER within a reasonable period of time, as determined by the COUNTY, after being notified by the COUNTY of it, contract suspension, or termination procedures will be initiated in accordance with Article XIII herein and enforced in accordance with regulations set forth in 2 CFR Part 200, Subpart D. In no case shall a reasonable period of time to begin correction of substandard performance be shorter than seven (7) days or longer than ninety (90) days. Notwithstanding the foregoing, the COUNTY hereby agrees that any cure of any default made or tendered by the DEVELOPER’S investor limited partner (or their affiliates, or their successors or assigns) shall be deemed to be a cure by the DEVELOPER and shall be accepted or rejected on the same basis as if made or tendered by DEVELOPER. Copies of all notices sent to DEVELOPER under the terms of this Agreement shall also be sent to: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇. The DEVELOPER shall follow the laws as required and referenced in Article VIII of this Agreement.
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Performance Subcontracts and Amendments 
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Related to Performance Subcontracts and Amendments

  • Performance of Contracts The Company shall not materially ------------------------ amend, modify, terminate, waive or otherwise alter, in whole or in part, any of the Employee Nondisclosure and Developments Agreements without the consent of the Company's Board of Directors.

  • Performance and Compliance with Contracts and Credit and Collection Policy The Seller shall (and shall cause the Servicer to), at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables, and timely and fully comply in all material respects with the applicable Credit and Collection Policies with regard to each Receivable and the related Contract.

  • Performance and Compliance with Receivables and Contracts At its expense, timely and fully perform and comply with all material provisions, covenants and other promises, if any, required to be observed by the Issuer under the Contracts related to the Receivables.

  • Solicitations for Subcontracts, Including Procurement of Materials and Equipment In all solicitations either by competitive bidding or negotiation made by the Local Government for work to be performed under a subcontract, including procurement of materials or leases of equipment, each potential subcontractor or supplier will be notified by the Local Government of the Local Government’s obligations under this Agreement and the Acts and Regulations relative to Nondiscrimination on the grounds of race, color, or national origin.

  • Project Contracts Prior to the delivery of this Lease, the Company may have entered into a contract or contracts with respect to the acquisition and/or construction of the Improvements. Those contracts, and any such contracts entered into by the Company after delivery of this Lease are hereinafter referred to as the “Project Contracts.” Prior to the delivery hereof, certain work has been or may have been performed on the Improvements pursuant to said Project Contracts or otherwise. Subject to the Lender’s rights in the Project Contracts, the Company hereby conveys, transfers and assigns to the Issuer all of the Company’s rights in, but not its obligations under the Project Contracts and the Issuer hereby designates the Company as Issuer’s agent for the purpose of executing and performing the Project Contracts. After the execution hereof, the Company shall cause the Project Contracts to be fully performed by the contractor(s), subcontractor(s) and supplier(s) thereunder in accordance with the terms thereof, and the Company covenants to cause the Improvements to be acquired, constructed and/or completed in accordance with the Project Contracts. Any and all amounts received by the Issuer, the Trustee or the Company from any of the contractors or other suppliers by way of breach of contract, refunds or adjustments shall become a part of and be deposited in the Project Fund.