Builder’s Right of Termination. Upon the occurrence of any event of default by Owner under Section 18.10, Builder, upon ​ written notice to Owner, may terminate this Agreement. However, during such ​ notice period, Owner shall have the absolute right to cure any such event of default, in which case this Agreement shall not be terminated. If such event of default is not timely cured, Builder may, at its option, terminate this Agreement in whole or in part, and may:

Builder’s Right of Suspension. If Owner fails to timely cure a payment default in accordance with Article 18.10(a), then Builder may in its absolute discretion, suspend or reschedule progress of the Work (such right being in addition to any other right granted hereunder or by operation of law) until such time as Builder receives the overdue payment, together with accrued interest thereon, from Owner. Any delay in the Work due to such suspension or rescheduling shall be deemed Permissible Delay under Article 16.

Owner’s Right of Termination. Upon the occurrence of an event of default set forth in Section 18.1, Owner, by giving written notice of any such event to Builder, may terminate this Agreement subject to the following provisions. Such termination shall be effective as of the date notice thereof is received by Builder, subject to Sections 18.2(b) and 18.2(c) below.

Owner’s Notice to Builder. In the event that Owner proposes to cause the necessary repairs or replacements to be made to the Vessel at any other shipyard or works than the Shipyard, Owner shall as soon as possible give Builder notice in writing of the time and place such repairs or replacements will be made.

Builder’s Right to Notice of Owner’s Election. At any time after stating claims for Permissible Delays of ​ or more in total, Builder may request in writing that Owner make an election whether to exercise its rights under [Subsection (a)]. Owner shall respond to Builder in writing within ​ after receipt of such a request, electing one of the following options: # to terminate this Agreement, or # to consent to a rescheduling of the Delivery Date to a specific future date; it being understood and agreed by the Parties that if any further delay occurs due to Force Majeure, then Owner shall have the renewed right to terminate this Agreement pursuant to this Section 16.12.

Owner’s Right to Change Orders. Owner reserves the right to make any deductions from or additions to the Work on giving due notice in writing to Builder. Builder shall be obligated to accept and perform any such change to the Work proposed by Owner unless such change to the Work is not reasonably feasible or would adversely impact Builder's production schedule ​ or any other vessels under contract to be constructed by Builder.

Owner’s Right to Complete Work. In the event of a Builder’s default under [Subsections 18.1(d) or 18.1(e)])], as an alternative to Owner’s right to remove the Work from Builder’s Shipyard under Section 18.3(a), Owner shall have the right to complete the Work, or portions of the Work, at Builder’s Shipyard, including the right to continued access to and use of Builder’s Shipyard and all equipment of the Builder in Builder’s Shipyard as may be required by Owner to complete the Work, subject to the following terms:

Builder’s Right of Verification. Builder shall have the right to verify by its own representative(s) the nature and extent of warranty defects identified by Owner, provided that Builder’s exercise of such right shall not cause delays to the Vessel or impair its operations or working schedule. After Builder completes or waives such verification, Builder shall promptly advise Owner in writing of its acceptance or rejection of the defects as being covered by the Warranty under this Agreement.

Builder’s Right to Notice of Owner’s Election. At any time after Owner’s right to terminate this Agreement accrues under [Subsection (a)], Builder may request in writing that Owner make an election whether to exercise its rights under [Subsection (a)]. Owner shall, within ​ after receipt of such a request, respond to Builder in writing electing one of the following options: # to terminate this Agreement, or # to consent to accept delivery of the Vessel at an agreed specific future date; it being understood and agreed by the Parties that if the Vessel is not delivered by such date, then Owner shall have the right to immediate termination of this Agreement thereafter pursuant to [Subsection (a)].

Builder’s Right to Subcontract. Builder shall be responsible for completion of the Work as a whole. Builder may allocate certain portions of the Work to be performed under subcontracts or similar agreements between Builder and Subcontractors, and Owner shall have no liability for such subcontracts or similar agreements. Nothing contained in the Contract Documents shall create any contractual relationship between Owner and any Subcontractor.