After receipt of a Notice of Termination, and except as otherwise directed by the contracting officer, the contractor shall:
1. stop work under the contract on the date and to the extent specified in the Notice of Termination;
2. place no further orders or subcontracts for materials, services or facilities, except as may be necessary for completion of such portion of work under the contract as is not terminated;
3. terminate all orders and subcontracts to the extent that they relate to the performance of work terminated by the Notice of Termination;
4. assign to the Exchange, in the manner, at the times, and to the extent directed by the contracting officer, all of the right, title and interest of the contractor under the orders and subcontracts so terminated, in which case the Exchange shall have the right, in its discretion, to settle or pay any or all claims arising out of the termination of such orders and subcontracts;
5. with approval or ratification to the extent required by the Contracting Officer, settle all outstanding liabilities and termination settlement proposals arising from the termination of subcontracts; the approval or ratification will be final for purposes of this clause.
6. transfer title to and deliver to the Exchange, in the manner, at the times, and to the extent, if any, as directed by the contracting officer (a) the fabricated or unfabricated parts, work in process, completed work, supplies and other material produced as a part of, or acquired in connection with the performance of, the work terminated by the Notice of Termination, and (b) the completed or partially completed plans, drawings, information, and other property which, if the contract had been completed, would have been required to be furnished to the Exchange;
7. use its best efforts to sell, in the manner, at the times, to the extent, and at the price or prices directed or authorized by the contracting officer, any property of the types referred to in subparagraph "b (6)" above, provided, however, that the contractor:
a. shall not be required to extend credit to any purchaser
b. may acquire any such property under the conditions prescribed by and at a price or prices approved by the contracting officer; and provided further that the proceeds of any such transfer or disposition shall be applied in reduction of any payments to be made by the Exchange to the contractor under this contract or shall otherwise be credited to the price or cost of the work covered by this contract or paid in such oth...
After receipt of a Notice. OF TERMINATION FROM THE OWNER, PURSUANT TO PARAGRAPH 10.2 OR 10.3, AND EXCEPT AS OTHERWISE DIRECTED BY THE OWNER, THE CM SHALL: .1 STOP WORK UNDER THE CONTRACT ON THE DATE AND TO THE EXTENT SPECIFIED IN THE NOTICE OF TERMINATION; .2 PLACE NO FURTHER ORDERS OR SUBCONTRACTS FOR MATERIALS, SERVICES OR FACILITIES, EXCEPT AS MAY BE NECESSARY FOR COMPLETION OF SUCH PORTION OF THE WORK UNDER THE CONTRACT AS IS NOT TERMINATED;
After receipt of a Notice of Dispute under Clause 27.1.1 above, the parties shall in good faith, make all reasonable efforts to arrive at a mutually acceptable resolution to the disputes raised in the Notice of Dispute in a formal meeting(s) between authorized representatives of the parties.
After receipt of a Notice of Termination, and except as directed by DISTRICT, CONTRACTOR shall immediately proceed with the following obligations, as applicable, regardless of any delay in determining or adjusting any amounts due under this clause. CONTRACTOR shall: Stop work as specified in the Notice of Termination (except as required by any Disentanglement Services). Place no further subcontracts for materials, Services, Equipment, or facilities, except as necessary to complete the continuing portion of the Agreement. Terminate all subcontracts to the extent they relate to the work terminated. Settle all outstanding liabilities and settlement proposals arising from the termination of subcontracts.
After receipt of a Notice. OF TERMINATION FROM THE OWNER, PURSUANT TO PARAGRAPH 10.2 OR 10.3, AND EXCEPT AS OTHERWISE DIRECTED BY THE OWNER, THE CM SHALL:
After receipt of a Notice. OF TERMINATION, THE CM SHALL SUBMIT TO THE OWNER HIS TERMINATION CLAIM, IN THE FORM AND WITH CERTIFICATION PRESCRIBED BY THE OWNER. SUCH CLAIM SHALL BE SUBMITTED PROMPTLY, BUT IN NO EVENT LATER THAN THIRTY (3O)DAYS FROM THE EFFECTIVE DATE OF TERMINATION, UNLESS ONE OR MORE EXTENSIONS IN WRITING ARE GRANTED BY THE OWNER UPON REQUEST OF THE CM MADE IN WRITING WITHIN SUCH THIRTY (30) DAY PERIOD OR AUTHORIZED EXTENSION THEREOF. HOWEVER, IF THE OWNER DETERMINES THAT THE FACTS JUSTIFY SUCH ACTION, HE MAY RECEIVE AND EVALUATE ANY SUCH TERMINATION CLAIM AT ANY TIME AFTER SUCH THIRTY (30) DAY PERIOD OR ANY EXTENSION THEREOF. UPON FAILURE OF THE CM TO SUBMIT HIS TERMINATION CLAIM WITHIN THE TIME ALLOWED, THE OWNER MAY DETERMINE, ON THE BASIS OF INFORMATION AVAILABLE TO HIM, THE AMOUNT, IF ANY, DUE TO THE CM BY REASON OF THE TERMINATION.
After receipt of a Notice of Termination and except as otherwise directed by the City, the Subrecipient shall: Stop work under the Agreement on the date and to the extent specified in the Notice of Termination; Obligate no additional Agreement funds for payroll costs and other costs beyond such date as the City shall specify, and place no further orders on subcontractors for materials, services, or facilities, except as may be necessary for completion of such portion of the work under this Agreement as is not terminated; Terminate all orders and subcontracts to the extent that they relate to the portion of work so terminated, and cause to be terminated all subcontracts, if any, to such extent; As of the date the termination is effective, preserve all Agreement Records (as hereinafter defined) and submit to the City such Records and reports as the City shall specify, and furnish to the City an inventory of all furnishings, equipment and other property purchased for the Program (if any) and all pertinent keys to files, buildings property to carry out such directives as the City may issue concerning the safeguarding or disposition of files and property; and Submit within thirty (30) days a final report of receipts and expenditures of funds relating to this Agreement and a listing of all creditors, contractors, lessors, and/or other parties with which the Subrecipient has incurred financial obligations pursuant to this Agreement (if any), and a listing of all subcontractors, if any.
After receipt of a Notice of Termination, and except as directed by the Contracting Officer, the Contractor shall immediately proceed with the following obligations, regardless of any delay in determining or adjusting any amounts due under this clause:
After receipt of a Notice of Termination, and except as otherwise directed by the County, the Contractor shall:
10.3.1 Stop work under this Contract on the date and to the extent specified in the Notice of Termination.
10.3.2 Place no further orders or subcontracts for materials, Services or Work or facilities, except as may be necessary for completion of such portion of the Work under this Contract, as it is not terminated.
10.3.3 Terminate all orders and subcontracts pursuant to this Article 10 - Term and Termination to the extent that they relate to the performance of Services or Work terminated by the Notice of Termination.
10.3.4 Assign to the County, in the manner, at the times and to the extent directed by the County, all of the right, title, and interest of the Contractor under the orders and subcontracts so terminated, in which case the County shall have the right, in its sole discretion, to settle or pay any or all claims arising out of the termination of such orders and subcontracts.
10.3.5 With the approval of the County and to the extent required by the County, settle all outstanding liabilities and all claims arising out of such termination of orders and subcontracts. County's approval of such settlements shall be final for all the purposes of Article 10 -
After receipt of a Notice of termination, and except as otherwise
