Common use of Failure to Perform Clause in Contracts

Failure to Perform. In the event the Contractor fails to perform Products and Services required under this Agreement or performs Products and Services in an improper manner, the Parties agree that the damage that the Authority will sustain as a result thereof will be substantial and difficult, if not impossible, to ascertain. Therefore, the Parties agree that in the event the Contractor either fails to completely perform Products and Services or performs Products and Services in an improper manner, the Authority shall be entitled to a credit against the Contractor's current unpaid xxxxxxxx for amounts previously paid to the Contractor after the Contractor's non-performance or improper performance. For the purposes of the foregoing, the Parties agree that the Authority shall have sole discretion in determining the adequacy of the Contractor's performance and the amount of credit to be taken. The damages for the Contractor's inadequate or improper performance, as provided in this Agreement, shall not be exclusive but shall be in addition to any other damages which the Authority may be entitled to for the Contractor's default under this Agreement.

Appears in 69 contracts

Samples: Agreement, Agreement, Agreement

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Failure to Perform. In the event the Contractor fails to perform Products and Services required under this Agreement or performs Products and Services in an improper manner, the Parties agree that the damage that the Authority will sustain as a result thereof will be substantial and difficult, if not impossible, to ascertain. Therefore, the Parties agree that in the event the Contractor either fails to completely perform Products and Services or performs Products and Services in an improper manner, the Authority shall be entitled to a credit against the Contractor's current unpaid xxxxxxxx for amounts previously paid to the Contractor after the Contractor's non-performance or improper performance. For the purposes of the foregoing, the Parties agree that the Authority shall have sole discretion in determining the adequacy of the Contractor's performance and the amount of credit to be taken. The damages for the Contractor's inadequate or improper performance, as provided in this Agreement, shall not be exclusive exclusive, but shall be in addition to any other damages which the Authority may be entitled to for the Contractor's default under this Agreement.

Appears in 14 contracts

Samples: Revised and Amended Agreement, Revised and Amended Agreement, Revised and Amended Agreement

Failure to Perform. In the event the Contractor fails to perform Products and Services services required under this Agreement or performs Products and Services services hereunder in an improper manner, the Parties parties hereto agree that the damage that the Authority will sustain as a result thereof will be substantial and but will be difficult, if not impossible, to ascertain. Therefore, and therefore, the Parties parties hereto agree that in the event of the Contractor either fails Contractor's failure to completely perform Products and Services services required hereunder or performs Products and Services the Contractor's performance of services in an improper manner, the Authority shall be entitled to a credit against the Contractor's current unpaid xxxxxxxx for amounts amount previously paid to the Contractor after the Contractor's non-performance or of improper performance. For the purposes of the foregoing, the Parties parties hereto agree that the Authority shall have sole discretion in determining the adequacy of the Contractor's performance and the amount of credit to be taken. The damages for the Contractor's inadequate or improper performance, as provided in this Agreementherein, shall not be exclusive but shall be in addition to any other damages which the Authority may be entitled to for the Contractor's default under this Agreement.

Appears in 5 contracts

Samples: Housing Development Authority, Housing Development Authority, Housing Development Authority Agreement

Failure to Perform. In the event the Contractor fails to perform Products and Services required under this Agreement or performs Products and Services in an improper manner, the Parties agree that the damage that the Authority will sustain as a result thereof will be substantial and difficult, if not impossible, to ascertain. Therefore, the Parties agree that in the event the Contractor either fails to completely perform Products and Services or performs Products and Services in an improper manner, the Authority shall be entitled to a credit against the Contractor's current unpaid xxxxxxxx billings for amounts previously paid to the Contractor after the Contractor's non-performance or improper performance. For the purposes of the foregoing, the Parties agree that the Authority shall have sole discretion in determining the adequacy of the Contractor's performance and the amount of credit to be taken. The damages for the Contractor's inadequate or improper performance, as provided in this Agreement, shall not be exclusive but shall be in addition to any other damages which the Authority may be entitled to for the Contractor's default under this Agreement.

Appears in 1 contract

Samples: www.michigan.gov

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Failure to Perform. In the event the Contractor fails to perform Products and Services required under this Agreement or performs Products and Services in an improper manner, the Parties agree that the damage that the Authority will may sustain as a result thereof will may be substantial and difficult, if not impossible, difficult to ascertain. Therefore, the Parties agree that in the event the Contractor either fails to completely perform Products and Services or performs Products and Services in an improper manner, the Authority shall may be entitled to a credit against the Contractor's current unpaid xxxxxxxx for amounts previously paid to the Contractor after the Contractor's non-performance or improper performance. For the purposes of the foregoing, the Parties agree that the Authority shall have sole discretion in determining the adequacy of the Contractor's performance and the amount of credit to be taken. The damages Damages awarded for the Contractor's inadequate or improper performance, as provided in this Agreement, shall not be exclusive but shall be in addition to any other damages which the Authority may be entitled to for the Contractor's default under this Agreement.

Appears in 1 contract

Samples: www.michigan.gov

Failure to Perform. In the event the Contractor fails to perform Products and Services required under this Agreement or performs Products and Services in an improper manner, the Parties agree that the damage that the Authority will sustain as a result thereof will be substantial and difficult, if not impossible, to ascertain. Therefore, the Parties agree that in the event the Contractor either fails to completely perform Products and Services or performs Products and Services in an improper mannermanner (after reasonable opportunity to cure), the Authority shall be entitled to a credit against the Contractor's current unpaid xxxxxxxx for amounts previously paid to the Contractor after the Contractor's non-non- performance or improper performance. For the purposes of the foregoing, the Parties agree that the Authority shall have sole discretion in determining the adequacy of the Contractor's performance and the amount of credit to be takentaken in Authority’s reasonable discretion. The damages for the Contractor's inadequate or improper performance, as provided in this Agreement, shall not be exclusive but shall be in addition to any other damages which the Authority may be entitled to for the Contractor's default under this Agreement.

Appears in 1 contract

Samples: Agreement

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