REMEDIES AND POWERS Clause Samples

The "Remedies and Powers" clause defines the rights and actions available to a party if the other party breaches the contract or fails to fulfill its obligations. Typically, this clause outlines the specific remedies—such as the right to claim damages, seek specific performance, or terminate the agreement—and may clarify whether these remedies are cumulative or exclusive. By specifying the available courses of action, this clause ensures that parties understand their options for addressing breaches, thereby providing certainty and helping to resolve disputes efficiently.
REMEDIES AND POWERS. Clause 60:
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REMEDIES AND POWERS. Action Where Whole of Security Deposit Is Forfeited 47
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REMEDIES AND POWERS. 38 Clause 60: in any case in which under any Clause or Clause of this contract, the contractor shall have rendered himself liable to pay compensation amounting to whole of the security deposit or in the opinion of the Engineer Incharge has abandoned the contract, or is not executing the works in neglecting to carry out his obligations under the contract, or if the contractor employs any employee of the BOM-QIE in Incharge on behalf of the BOM-QIE, may after giving fourteen days notice in writing to the contractor, rescind the contract (of which rescission notice in writing to the contractor under the hand of the Engineer Incharge shall be conclusive evidence and in which case the security deposit of the contractor shall stand forfeited, and be absolutely at the disposal of The BOM-QIE. And in case, the contract shall be rescinded under the provisions aforesaid)
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REMEDIES AND POWERS. Clause 60:In any case in which under any Clause or Clause of this contract, the contractor shall have rendered himself liable to pay compensation amounting to whole of the security deposit or in the opinion of the Engineer Incharge has abandoned the contract, or is not executing the works in neglecting to carry out his obligations under the contract, or if the contractor employs any employee of the Government in Incharge on behalf of the Government, may after giving fourteen days notice in writing to the contractor, rescind the contract (of which rescision notice in writing to the contractor under the hand of the Engineer Incharge shall be conclusive evidence and in which case the security deposit of the contractor shall stand forfeited, and be absolutely at the disposal of The Government. And in case, the contract shall be rescinded under the provisions aforesaid:-
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REMEDIES AND POWERS. Clause 59: In any case in which under any clause or clauses of his contract, the contractor shall have rendered himself liable to pay compensation amounting to whole of the security deposit or in the opinion of the Engineer Incharge has abandoned the contract, or is not executing to works in accordance with the contract or it persistently or flagrantly neglecting to carry out his obligation under the contract, or if the contractor employs any employee of the PWWB in defiance to the provisions of Clause 31 hereof, the Engineer Incharge, after giving fourteen days notice in writing to the contractor, may recommend to the Director Works to rescind the contract (of which rescission notice in writing to the contractor under hand of the Engineer Incharge shall be conclusive evidence and in which case the security deposit of the contractor shall stand forfeited, and be absolutely at the disposal of the PWWB. And in case, the contract shall be rescinded under the provisions aforesaid:
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REMEDIES AND POWERS. In any case in which under any clause or clauses of the contract, the contractor shall have rendered himself liable to pay compensation amounting to whole of the security deposit or in the opinion of the Engineer-in-charge has abandoned the contract, or is not executing the works in accordance with the contract or is presently or flagrantly neglecting to carry out his obligations under the contract, or if the contractor employs any employee of the University in defiance to the provisions of clause 32 thereof, the Engineer-in-charge on behalf of the University, may, after giving fourteen days notice in writing to the contractor, rescind the contract (of which rescission notice in writing to the contractor under the hand of the Engineer-in-charge shall be conclusive evidence and in which case the security deposit of the contractor, shall stand forfeited, and be absolutely at the disposal of University. And in case the contract shall be rescinded under the provisions aforesaid):-
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REMEDIES AND POWERS. Action where whole of security deposit is forfeited. 45-46 61. Work at the risk and expense of the contractor 46-47
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REMEDIES AND POWERS 
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Related to REMEDIES AND POWERS

  • REMEDIES AND WAIVERS No failure to exercise, nor any delay in exercising, on the part of any Finance Party, any right or remedy under the Finance Documents shall operate as a waiver, nor shall any single or partial exercise of any right or remedy prevent any further or other exercise or the exercise of any other right or remedy. The rights and remedies provided in this Agreement are cumulative and not exclusive of any rights or remedies provided by law.

  • Remedies and Waiver All remedies of any party are cumulative. Failure of either the Ceding Company or the Reinsurer to exercise any right, privilege, power or remedy at law, equity or in existence by virtue of this Agreement or to otherwise insist upon strict compliance with any of the terms, provisions and conditions of this Agreement, or the obligations of the other party, will not constitute a waiver of such right, privilege, power, remedy, term, provision, condition, or obligation. Moreover, the failure of either party to enforce any part of this Agreement shall not be deemed to be an act of ratification or consent. No prior transactions or dealings between the parties shall be deemed to establish any custom or usage waiving or modifying any provision of this Agreement.

  • REMEDIES, ETC CUMULATIVE. Each and every right, power and remedy of the Pledgee provided for in this Agreement or in any other Secured Debt Agreement, or now or hereafter existing at law or in equity or by statute shall be cumulative and concurrent and shall be in addition to every other such right, power or remedy. The exercise or beginning of the exercise by the Pledgee or any other Secured Creditor of any one or more of the rights, powers or remedies provided for in this Agreement or any other Secured Debt Agreement or now or hereafter existing at law or in equity or by statute or otherwise shall not preclude the simultaneous or later exercise by the Pledgee or any other Secured Creditor of all such other rights, powers or remedies, and no failure or delay on the part of the Pledgee or any other Secured Creditor to exercise any such right, power or remedy shall operate as a waiver thereof. No notice to or demand on any Pledgor in any case shall entitle it to any other or further notice or demand in similar or other circumstances or constitute a waiver of any of the rights of the Pledgee or any other Secured Creditor to any other or further action in any circumstances without notice or demand. The Secured Creditors agree that this Agreement may be enforced only by the action of the Pledgee, in each case acting upon the instructions of the Required Lenders (or, after the date on which all Credit Document Obligations have been paid in full, the holders of at least a majority of the outstanding Other Obligations) and that no other Secured Creditor shall have any right individually to seek to enforce or to enforce this Agreement or to realize upon the security to be granted hereby, it being understood and agreed that such rights and remedies may be exercised by the Pledgee for the benefit of the Secured Creditors upon the terms of this Agreement.

  • Remedies Generally The remedies provided in this Guaranty are cumulative and not exclusive of any remedies provided by law.

  • Remedies of the Bank 4.01. The Additional Event of Suspension consists of the following, namely, that a situation has arisen which shall make it improbable that the Program, or a significant part of it, will be carried out.