Orange County NC Website
Browse       Search
-9- <br /> 63 <br /> a specified reasonable time, not less than fifteen (15) <br /> days, within which to cure or remedy such failure or violation. <br /> If within such specified period the Agency shall cure or <br /> remedy such failure or violation, or shall take steps from <br /> which it is apparent that such failure or violation will be <br /> substantially cured or remedied within a reasonable time <br /> after such period, then this contract shall not be terminated. <br /> But if the Agency shall fail within such specified period to <br /> cure or remedy the same or to take such steps as aforesaid, <br /> then this contract shall be deemed to have terminated effective <br /> at the el,ld of the period of such notice. <br /> In the event of such termination, all finished or <br /> unfinished documents and other materials collected or produced <br /> under this contract (as more fully described in paragraph 15 <br /> hereof) shall, at the option of COG, become its property <br /> (subject to full accessibility thereto by the Agency) and <br /> the Agency shall be entitled to receive just and equitable <br /> compensation for any satisfactory work completed on such <br /> documents or materials. Notwithstanding the foregoing, the <br /> Agency shall not be relieved of liability to COG for damages <br /> sustained by COG by virtue of any breach of this contract by <br /> the Agency and COG may withhold any payments to the Agency <br /> for the purpose of set-off for damages caused by the Agency's <br /> breach, Until such time as the exact amount of damages to <br /> COG from the Agency is determined. <br /> 24.1 Termination for Lack of Funds. In the event of <br /> prospective termination due to non-receipt of funds with <br /> which to carry out the provisions of this contract the COG <br /> may terminate this Contract by giving written notice to the <br /> Agency of such termination and specifying the effective date <br /> of such termination. In the event such written notice is <br /> given, allI finished or unfinished documents and other materials <br /> as descrkbed in paragraph 15 above shall, at the option of <br /> the COG, its property (subject to full accessibility <br /> thereto by the Agency) and the Agency will be paid an amount <br />