Common use of TERMINATION CLAUSE Clause in Contracts

TERMINATION CLAUSE. In the event Contractor fails to carry out or comply with any of the terms and conditions of this Agreement, Hastings reserves the right to demand correction of any breach or default within ten (10) calendar days of notice to Contractor. In the event Contractor fails to correct the failure or default within the specified ten (10) day period, Hastings may terminate the Agreement without additional notice. Failure to terminate this Agreement is not to be deemed a waiver of the breach or default. Upon termination, Hastings shall compensate Contractor for Work rendered within thirty (30) days of termination of this Agreement.

Appears in 10 contracts

Sources: Construction Contract, Construction Contract, Construction Contract

TERMINATION CLAUSE. In the event Contractor fails to carry out or comply with any of the terms and conditions of this Agreement, Hastings ▇▇▇▇▇▇▇▇ reserves the right to demand correction of any breach or default within ten (10) calendar days of notice to Contractor. In the event Contractor fails to correct the failure or default within the specified ten (10) day period, Hastings may terminate the Agreement without additional notice. Failure to terminate this Agreement is not to be deemed a waiver of the breach or default. Upon termination, Hastings ▇▇▇▇▇▇▇▇ shall compensate Contractor for Work rendered within thirty (30) days of termination of this Agreement.

Appears in 3 contracts

Sources: Construction Contract, Construction Contract, Construction Contract

TERMINATION CLAUSE. In the event Contractor fails to carry out or comply with any of the terms and conditions of this Agreement, Hastings reserves the right to demand correction of any breach or default within ten (10) calendar days of notice to Contractor. In the event Contractor fails to correct the failure or default within the specified ten (10) day period, Hastings may terminate the Agreement without additional notice. Failure to terminate this Agreement is not to be deemed a waiver of the breach or default. Upon termination, Either Hastings shall compensate or Contractor for Work rendered within thirty (may terminate this agreement without cause with a 30) days of termination of this Agreement-day written notice.

Appears in 3 contracts

Sources: Service Agreement, Service Agreement, Service Agreement