Termination of the Contract for Cause Clause Samples
The 'Termination of the Contract for Cause' clause allows either party to end the contract if the other party commits a significant breach of its terms or fails to fulfill essential obligations. Typically, this clause outlines specific grounds for termination, such as non-payment, failure to deliver goods or services, or violation of key contractual provisions, and may require written notice before termination becomes effective. Its core function is to provide a clear and fair mechanism for ending the contractual relationship when serious problems arise, thereby protecting both parties from ongoing harm or loss due to the other's misconduct.
Termination of the Contract for Cause. (a) The Owner may terminate this Contract for cause if:
(i) the Contractor becomes insolvent, files a petition in bankruptcy, makes a general assignment for the benefit of its creditors, or
(ii) a petition in bankruptcy is filed against the Contractor by a third party, and is not dismissed within sixty (60) days of having been filed, or a receiver is appointed for the Contractor; or
(iii) the Contractor fails, refuses or is unable to carry out the Work or refuses or fails to supply enough properly skilled workers or proper materials to timely complete the Work in accordance with the Contract Documents; or
(iv) the Contractor fails to make payment to Subcontractors for materials or labor in accordance with the requirements of the Contract Documents or the respective agreements between the Contractor and the Subcontractors; or
(v) the Contractor disregards applicable laws, ordinances, or rules, regulations or orders of a public jurisdiction; or
(vi) the Contractor otherwise breaches a material provision of the Contract Documents.
(b) When any of the above reasons exists, the Owner may, without prejudice to any other remedy the Owner may have, terminate the Contract and take possession of the site and of all materials, equipment, tools, and construction equipment and machinery thereon owned by the Contractor and may finish the Work by whatever reasonable method the Owner may deem expedient.
(c) When the Owner terminates the contract for one of the reasons stated in Section 10(a), the Contractor shall not be entitled to receive further payment until the Work is finished and shall be liable to Owner for losses and damages resulting from such termination.
Termination of the Contract for Cause. If the Consultant, due to its action or failure to act, shall fail to fulfill in a timely and proper manner its obligations under this agreement, or if the Consultant has or shall violate any of the covenants, agreements, representations or stipulations of this agreement, ARC shall thereupon have the right to terminate this agreement. Upon determination by ARC that a breach has occurred, ARC shall give notice to the Consultant of the breach. The Consultant shall have seven days to provide evidence of a satisfactory cure of said breach as determined by ARC. Should ARC determine that termination is appropriate, ARC shall give written notice to the Consultant of such termination and specify the effective date thereof, at least five days before the effective date of such termination. In such event, all information and materials collected or produced under this agreement and/or used in the performance of the scope of services shall, at the option of ARC, become its property. The Consultant shall be entitled to receive just and equitable compensation for any satisfactory work completed under the Scope of Service up to and including the effective date of termination as authorized in Attachment "B." Notwithstanding the foregoing to the extent provided by law, the Consultant shall not be relieved of liability to ARC for damages sustained by ARC by virtue of any breach of this agreement by the Consultant and ARC may withhold any payments to the Consultant for the purpose of set-off for damages caused by the Consultant's breach, until such time as the exact amount of damages to ARC from the Consultant is determined.
Termination of the Contract for Cause. 6.1. The contracting parties may dissolve the contract for a valid reason with immediate effect without observing a period of notice and a deadline by written declaration. In the event of extraordinary termination, mutually rendered services shall be settled on a pro rata basis. Amounts already paid to which no service can yet be attributed shall be refunded.
6.2. An important reason entitling to extraordinary dissolution exists in particular, but not conclusively, in the following cases:
6.2.1. For the WSO:
6.2.1.1. If the organizer fails to pay an agreed deposit in full and on time.
Termination of the Contract for Cause. 14.1. Notwithstanding anything in this Agreement to the contrary, the parties agree that, upon a vote of two thirds (2/3) of the Board of Trustees, the Board may terminate this Agreement at any time for "just cause" pursuant to the University's regulations and policies, and further hereinafter defined.
14.2. Just cause" shall be deemed to include, but shall not be limited to:
1. a deliberate or material violation by the President of the Duties or her refusal or unwillingness to perform the Duties in good faith, during the Presidential Appointment Term, or to the best of her abilities if, within thirty (30) days following the President's receipt of the written notice of what the Board considers to be the violation, the President fails to cure the same;
Termination of the Contract for Cause. 12.1 Notwithstanding anything in this Agreement to the contrary, the parties agree that, upon a vote of two thirds (2/3) of the Board of Trustees, the Board may terminate this Agreement at any time for “just cause” (as hereinafter defined).
12.2 “Just cause” shall be deemed to include, but shall not be limited to:
(i) a deliberate or material violation by the President of the Duties or his refusal or unwillingness to perform the Duties in good faith, during his full business time, or to the best of his abilities if, within thirty (30) days following the President’s receipt of the written notice of what the Board considers to be the violation, the President fails to cure the same;
(ii) materially harmful neglect of essential responsibilities of the President’s duties; (iii) material dishonesty or serious misconduct that adversely affects the University; (iv) the commission of any felony or of a misdemeanor involving moral turpitude; or (v) a material, significant, or repetitive breach of this Agreement.
12.3 In the event of termination for “just cause” by the Board, the President’s employment with the University shall cease. The Board’s obligations under this Agreement in such event shall be limited to: (a) the prorated payment of his salary through the date of termination; (b) the payment of any performance compensation or supplemental retirement benefit that is awarded and/or due, though unpaid as of the date of termination; (c) the payment of accrued and unused leave through the date of termination in accordance with University regulation; and (d) the payment of any unpaid reimbursable business/travel/relocation expenses incurred prior to the date of termination and documented by him in accordance with University procedures. The President shall not be entitled to any further employment, compensation or benefits from the University in any capacity except for benefits required to be continued by law.
Termination of the Contract for Cause. If the Consultant, due to its action or failure to act, shall fail to fulfill in a timely and proper manner his obligations under this contract, or if the Consultant has or shall violate any of the covenants, agreements, representations or stipulations of this contract, MNGWPD shall thereupon have the right to terminate this contract by giving written notice to the Consultant of such termination and specifying the effective date thereof, at least five (5) days before the effective date of such termination. In such event, all finished or unfinished documents and other materials collected or produced under this contract (as more fully described in paragraph 14 hereof) shall, at the option of MNGWPD, become its property and the Consultant shall be entitled to receive just and equitable compensation for any satisfactory work completed on such documents or materials. Notwithstanding the foregoing, the Consultant shall not be relieved of liability to MNGWPD for damages sustained by MNGWPD by virtue of any breach of this contract by the Consultant, and MNGWPD may withhold any payment to the Consultant for the purpose of set-off for damages caused by the Consultant's breach, until such time as the exact amount of damages to MNGWPD from the Consultant is determined.
Termination of the Contract for Cause. The University may terminate the Contract for cause based upon the failure of the Awarded Vendor to comply with the terms and/or conditions of the Contract, or failure to fulfill its performance obligations pursuant to the Contract, provided that the University shall give the Awarded Vendor written notice specifying the Awarded Vendor’s failure. If within thirty (30) days after receipt of such notice, the Awarded Vendor shall not have corrected such failure or, in the case of failure which cannot be corrected in thirty (30) days, begun in good faith to correct such failure and thereafter proceeded diligently to complete such correction, then the University may, at its option, place the Awarded Vendor in default and the Contract shall terminate on the date specified in such notice. The Awarded Vendor may exercise any rights available to it under Louisiana law to terminate for cause upon the failure of the University to comply with the terms and conditions of the Contract, provided that the Awarded Vendor shall give the University written notice specifying the University’s failure and a reasonable opportunity for the University to cure the defect.
Termination of the Contract for Cause. 12.1 Notwithstanding anything in this Agreement to the contrary, the parties agree that, upon a vote of two thirds (2/3) of the Board of Trustees, the Board of Trustees may terminate this Agreement at any time for “just cause” (as hereinafter defined).