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Should such a contract include a term about when you can break the contract ?

I am asking this due to what i am currently experiencing with a client, who is not delivering to me the material i need to proceed (because he is not receiving from his designer, but that is his issue).

I am the developer, and the project is quite big, so it has a lot of time to completion..

This delay (3 months now, and the project is half completed) is ‘bleeding’ me since i cannot commit to other projects without putting this in limbo..

How do you deal with such a case ?