Common use of Terminate for Cause Clause in Contracts

Terminate for Cause. The occurrence of any one or more of the following events will justify termination of the contract by the City for cause: 1. The Contractor fails to perform in accordance with the provisions of these specifications or the Contractor violates any of the provisions of these specifications; or 2. The Contractor disregards laws or regulations of any public body having jurisdiction; or 3. The Contractor transfers, assigns, or conveys any or all of its obligations or duties under the contract to another without written consent of the City. 4. If one or more of the events identified above in Subparagraph 1 through 3 above occurs, the City of Buda may, terminate the contract by giving the Contractor seven (7) days written notice. In such case, the Contractor shall only be entitled to receive payment for goods and services provided before the effective date of termination. The Contractor shall not receive any payment on account of loss of anticipated profits or revenue or other economic loss resulting from such termination. 5. When the contract has been so terminated by the City of Buda, such termination shall not affect any rights or remedies of the City then existing or which may thereafter accrue.