Common use of STOP WORK Clause in Contracts

STOP WORK. (a) SELLER shall stop Work for up to ninety (90) days in accordance with any written notice received from LOCKHEED ▇▇▇▇▇▇, or for such longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence of costs allocable to the Work during the period of Work stoppage. (b) Within such period, LOCKHEED ▇▇▇▇▇▇ shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 151 contracts

Sources: General Provisions for Services, General Provisions for Commercial Subcontracts/Purchase Orders, General Provisions for Commercial Subcontracts/Purchase Orders

STOP WORK. (a) SELLER shall stop Work for up to ninety (90) days in accordance with any written notice received from LOCKHEED ▇▇▇▇▇▇BUYER, or for such longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence of costs allocable to the Work during the period of Work stoppage. (b) Within such period, LOCKHEED ▇▇▇▇▇▇ BUYER shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 4 contracts

Sources: Terms and Conditions of Purchase, Terms and Conditions of Purchase, Terms and Conditions of Purchase

STOP WORK. (a) SELLER shall stop Work for up to ninety (90) days in accordance with any written notice received from LOCKHEED ▇▇▇▇▇▇Bomic Ltd , or for such forsuch longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence of costs allocable to the Work during the period of Work stoppage. (b) Within such period, LOCKHEED ▇▇▇▇▇▇ Bomic Ltd shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable, ,provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 1 contract

Sources: Subcontract/Purchase Order Agreement

STOP WORK. (a) SELLER shall stop Work for up to ninety (90) days in accordance with any written notice received from LOCKHEED ▇▇▇▇▇▇GENERAL MICRO SYSTEMS, or for such longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence of costs allocable to the Work during the period of Work stoppage. (b) Within such period, LOCKHEED ▇▇▇▇▇▇ GENERAL MICRO SYSTEMS shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 1 contract

Sources: General Provisions and Far Flowdown Provisions for Commercial Items

STOP WORK. (a) SELLER Seller shall stop Work work for up to ninety (90) days in accordance with any written notice received from LOCKHEED ▇▇▇▇▇▇Buyer, or for such longer period of time as the parties may agree and agree. Seller shall take all reasonable steps to minimize the incurrence of costs allocable to the Work work during the period of Work the work stoppage. (b) Within such period, LOCKHEED ▇▇▇▇▇▇ shall Buyer will either terminate in accordance with the provisions of this Contract Subcontract or continue the Work work by written notice to SELLERSeller. In the event of a continuation, an equitable adjustment adjustment, in accordance with the principles of the "Changes" clause herein shall be made to the price, delivery schedule, or other provision(s) affected by the Work work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 1 contract

Sources: General Terms and Conditions

STOP WORK. (a) SELLER shall stop Work for up to ninety (90) days in accordance with any written notice received from LOCKHEED ▇▇▇▇▇▇VETERANS TRADING COMPANY, or for such longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence of costs allocable to the Work during the period of Work stoppage. (b) Within such period, LOCKHEED ▇▇▇▇▇▇ VETERANS TRADING COMPANY shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue.

Appears in 1 contract

Sources: Contract

STOP WORK. (a) SELLER shall stop Work for up to ninety (90) 90 days in accordance with any written notice received from LOCKHEED ▇▇▇▇▇▇BUYER, or for such longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence occurrence of costs allocable to the Work during the period of Work stoppage. (b) . Within such period, LOCKHEED ▇▇▇▇▇▇ BUYER shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) provisions affected by the Work stoppage, if applicable, provided that the claim for equitable adjustment is made within thirty (30) 30 days after the date of notice notification to continue.

Appears in 1 contract

Sources: Purchase Order