(2) Fails to make progress according to the agreed-upon EPC Contract Schedule so as to endanger performance of this EPC Contract;
(3) Abandons or refuses to proceed with any of the Work, including modifications directed pursuant to General Condition 32, titled CHANGES;
(4) Fails to fulfill or comply with any of the other material terms of this EPC Contract;
(5) Fails to commence the Work in accordance with the provisions of this EPC Contract;
(6) Abandons the Work;
(7) Fails to maintain insurance required under this EPC Contract;
(8) Materially disregards Applicable Law or applicable standards and codes;
(9) Engages in behavior that is dishonest, fraudulent or constitutes a conflict with CONTRACTOR's obligations under this EPC Contract; …show more content…
If CONTRACTOR's default is due to an Insolvency Event as addressed in subsection (10) above in clause GC-45.1, CMA may, by written notice to CONTRACTOR and without notice to CONTRACTOR's sureties, if any, immediately terminate in whole or in part this EPC Contract, and CMA may prosecute the Work to completion by contract or by any other method deemed expedient. In addition, upon the occurrence of any default by CONTRACTOR, after the expiration of the applicable cure period provided above, CMA may take possession of and utilize any data, designs, Work Product, licenses, materials, equipment, and tools furnished by CONTRACTOR or Subcontractors or Subsubcontractors and necessary to complete the Work, hire any or all of CONTRACTOR's employees and take assignment of any or all of the Subcontracts and Subsubcontracts. CONTRACTOR's construction equipment and tools shall be returned upon completion of the Work, except to the extent title to such construction equipment and tools passed to CMA under General Condition 34, titled TITLE AND RISK OF
(3) Abandons or refuses to proceed with any of the Work, including modifications directed pursuant to General Condition 32, titled CHANGES;
(4) Fails to fulfill or comply with any of the other material terms of this EPC Contract;
(5) Fails to commence the Work in accordance with the provisions of this EPC Contract;
(6) Abandons the Work;
(7) Fails to maintain insurance required under this EPC Contract;
(8) Materially disregards Applicable Law or applicable standards and codes;
(9) Engages in behavior that is dishonest, fraudulent or constitutes a conflict with CONTRACTOR's obligations under this EPC Contract; …show more content…
If CONTRACTOR's default is due to an Insolvency Event as addressed in subsection (10) above in clause GC-45.1, CMA may, by written notice to CONTRACTOR and without notice to CONTRACTOR's sureties, if any, immediately terminate in whole or in part this EPC Contract, and CMA may prosecute the Work to completion by contract or by any other method deemed expedient. In addition, upon the occurrence of any default by CONTRACTOR, after the expiration of the applicable cure period provided above, CMA may take possession of and utilize any data, designs, Work Product, licenses, materials, equipment, and tools furnished by CONTRACTOR or Subcontractors or Subsubcontractors and necessary to complete the Work, hire any or all of CONTRACTOR's employees and take assignment of any or all of the Subcontracts and Subsubcontracts. CONTRACTOR's construction equipment and tools shall be returned upon completion of the Work, except to the extent title to such construction equipment and tools passed to CMA under General Condition 34, titled TITLE AND RISK OF