Laserfiche WebLink
ARTICLE 19 MISCELLANEOUS PROVISIONS <br />§ 19.1 Assignment of Contract <br />Neither party to the Contract shall assign the Contract without written consent of the other, except that the Owner <br />may, without consent of the Contractor, assign the Contract to a lender providing financing for the Project ifthe lender <br />assumes the Owner's rights and obligations under the Contract Documents. The Contractor shall execute all consents <br />reasonably required to facilitate such assignment provided Contractor need not consent to any of the following: (1) <br />to perform absent core by Owner's lender or tender's designee of any and all Owner breaches including, without <br />limitation, payment in full of all amounts past due; (2) to perform absent commitment by Owner's lender or lender's <br />designee to honor all of Owner's obligations under this Agreement after the date of Owner's Lender's assumption; <br />(3) to give Owner's Lender prior notices of change orders increasing the Contract Sum unless an individual change <br />exceeds two percent (2%) of the Contract Sum before such change order, or if change orders in the aggregate would <br />increase the Contract Sum by five percent (5%); or (4) otherwise to provide Contractor with rights or remedies against <br />Lender which are less favorable than the rights and remedies which Contractor has against Owner under the Contract <br />Documents or at law; or which seek to impose obligations upon Contractor beyond those required by the Contract <br />Documents. <br />§ 19.2 Governing Law <br />The Contract shall be governed by the law of the place where the Project is located, excluding thatimisdiction's choice <br />of law rules. <br />§ 19.3 Tests and Inspections <br />Tests, inspections, and approvals of portions of the Work required by the Contract Documents or by applicable laws, <br />statutes, ordinances, codes, rales and regulations, or lawful orders of public authorities shall be made at an appropriate <br />time. Unless otherwise provided, the Contractor shall make arrangements for such tests, inspections, and approvals <br />with an independent testing laboratory or entity acceptable to the Owner, or with the appropriate public authority, and <br />shall bear all related costs of tests and inspections. The Contractor shall give the Owner timely notice of when and <br />where tests and inspections are to be made so that the Owner may be present for such procedures. The Owner shall <br />bear costs of tests, inspections, or approvals that do not become requirements until after the Contract Sum is <br />established. The Owner shall directly arrange and pay for tests, inspections, or approvals where building codes or <br />applicable laws or regulations so require. <br />§ 19.4 The Owner's representative is stated on the cover page. <br />§ 19.5 The Contractor's representative is stated on the cover page. <br />§ 19.6 Neither the Owner's nor the Contractor's representative shall be changed without ten days' prior notice to the <br />other party. <br />§ 19.7 Owner represents and warrants that the person signing this Agreement on behalf of Owner has the authority to <br />execute this Agreement, including all legal authorization after duly followed required procedures, and thereby legally <br />bind Owner. Likewise, Contractor represents and warrants that the person signing this Agreement on behalf of <br />Contractor has the authority to execute this Agreement and thereby legally bind Contractor. <br />ARTICLE20 TERMINATION OF THE CONTRACT <br />§ 20.1 Termination by the Contractor <br />If the Owner (a) fails to make payment by the date as provided in Section 4.1.3 and for a period of thirty (30) days <br />thereafter, or (b) if Contractor discovers that Owner's Information is materially incorrect, the Contractor may, upon <br />seven (7) additional days' notice to the Owner, suspend or terminate the Contract and recover from the Ownerpayment <br />for Work executed, including reasonable overhead and profit, costs incurred by reason of such termination, and <br />damages including, without limitation, lost profits on the unperformed portion of the Work. <br />§ 20.2 Termination by the Owner for Cause <br />§ 20.2.1 The Owner may terminate the Contract if the Contractor <br />.1 repeatedly disregards applicable laws, statutes, ordinances, codes, rales and regulations, or lawful <br />orders of public authority; or <br />.2 otherwise is guilty of substantial breach of a provision of the Contract Documents. <br />§ 20.2.2 When any of the reasons described in Section 20.2.1 exists, the Owner may, without prejudice to any other <br />remedy the Owner may have and after giving the Contractor seven (7) days' written notice and provided the <br />Page 16 of I0 <br />