Common use of T ermination for Cause Clause in Contracts

T ermination for Cause. In the event COMMERCE determines the Contractor has failed to comply with the conditions of this contract in a timely manner, COMMERCE has the right to suspend or terminate this contract. Before suspending or terminating the contract, COMMERCE shall notify the Contractor in writing of the need to take corrective action. If corrective action is not taken within 30 calendar days, the contract may be terminated or suspended. In the event of termination or suspension, the Contractor shall be liable for damages as authorized by law including, but not limited to, any cost difference between the original contract and the replacement or cover contract and all administrative costs directly related to the replacement contract, e.g., cost of the competitive bidding, mailing, advertising and staff time. COMMERCE reserves the right to suspend all or part of the contract, withhold further payments, or prohibit the Contractor from incurring additional obligations of funds during investigation of the alleged compliance breach and pending corrective action by the Contractor or a decision by COMMERCE to terminate the contract. A termination shall be deemed a “Termination for Convenience” if it is determined that the Contractor: (1) was not in default; or (2) failure to perform was outside of his or her control, fault or negligence. The rights and remedies of COMMERCE provided in this contract are not exclusive and are in addition to any other rights and remedies provided by law.

T ermination for Cause. In the event COMMERCE determines the Contractor Grantee has failed to comply with the conditions of this contract Grant in a timely manner, COMMERCE has the right to suspend or terminate this contractGrant. Before suspending or terminating the contractGrant, COMMERCE shall notify the Contractor Grantee in writing of the need to take corrective action. If corrective action is not taken within 30 calendar days, the contract Grant may be terminated or suspended. In the event of termination or suspension, the Contractor Grantee shall be liable for damages as authorized by law including, but not limited to, any cost difference between the original contract Grant and the replacement or cover contract Grant and all administrative costs directly related to the replacement contractGrant, e.g., cost of the competitive bidding, mailing, advertising and staff time. COMMERCE reserves the right to suspend all or part of the contractGrant, withhold further payments, or prohibit the Contractor Grantee from incurring additional obligations of funds during investigation of the alleged compliance breach and pending corrective action by the Contractor Grantee or a decision by COMMERCE to terminate the contractGrant. A termination shall be deemed a “Termination for Convenience” if it is determined that the ContractorGrantee: (1) was not in default; or (2) failure to perform was outside of his or her control, fault or negligence. The rights and remedies of COMMERCE provided in this contract Grant are not exclusive and are are, in addition to any other rights and remedies remedies, provided by law.