Compensation for termination Sample Clauses

Compensation for termination. In the event of termination not the fault of Consultant, Consultant shall be compensated for Services performed in accordance with this Agreement prior to termination, but not for lost or anticipated profits on the portion of the Services that were not performed. In the event of termination for default, Consultant shall be compensated for Services performed prior to termination. However, Consultant shall be responsible for all reasonable and actually incurred costs and damages suffered by Owner as a result of such termination for default (including without limitation any increased costs to complete Consultant’s Services, but excluding any betterment to the Project), subject to the limitation of liability and waiver of consequential damages set forth in this Agreement. To the extent such costs or damages have been incurred by Owner as of the date of termination, then such amounts may be offset against final amounts due to Consultant, subject to Owner providing reasonable documentation to support the set-off amounts, and subject to Consultant’s right to dispute Owner’s set-off, pursuant to the dispute resolution provisions of this Agreement. In all events, Owner shall not be responsible for Consultant's lost or anticipated profit on the terminated portion of the Services.
AutoNDA by SimpleDocs
Compensation for termination. [Note. If the Office Holder is removed from office by the Governor under section 77 of the GSE Act, the Office Holder is entitled to compensation in accordance with section 78 of that Act.] [The following provisions are to be included only if the Act under which the Office Holder is appointed provides that the provisions of the GSE Act relating to the termination of employment of Public Service senior executives apply to the Office Holder]
Compensation for termination. The Senior Executive is entitled to the payment of compensation, on the termination of employment by the Employer, as determined by clause 39 of the GSE Regulation.
Compensation for termination. The Principals undertake not to terminate the construction or operation of the Fixed Link other than in accordance with Clauses 29, 36 or 37. Any breach by a Principal of this obligation will give the Concessionaires a right to compensation.
Compensation for termination. The Secretary/Agency Head is entitled to the payment of compensation, on the termination of employment by the Employer, as determined by and under clause 39 of the GSE Regulation.
Compensation for termination a. Upon termination for default, the CM will be paid for all authorized work performed up to the termination date, but (1) no amount shall be allowed for anticipated profit on unperformed services or other defective work, and
Compensation for termination. Subject to Clause 23 below, upon NOVARTIS’ termination, CBMG shall not be entitled to any compensation, damages or other payment whatsoever, whether in respect of goodwill, loss of profit or otherwise.
AutoNDA by SimpleDocs
Compensation for termination. (a) If LLA exercises its right to terminate the Concession Agreement in accordance with clause 9.1(b), the Council and LLA jointly and severally agree to pay to the Concessionaire an amount equal to: (i) a Termination Payment calculated in accordance with Part 2 (Termination pursuant to Clause 17.2) of Schedule 14 (Termination Schedule) to the Existing Concession Agreement, provided that for the purpose of calculating the Full Equity Amount in the case of a termination following failure to achieve Substantial Completion, and the issue of a Certificate of Substantial Completion, in respect of LESS (ii) in the case of a failure to achieve Substantial Completion and the issue of a Certificate of Substantial Completion in respect of (after deducting any amount irrevocably paid to LLA under clause 9.1(a)(i)); (iii) in the case of a failure to achieve Substantial Completion and the issue of a Certificate of Substantial Completion in respect of (after deducting any amount irrevocably paid to LLA under clause 9.1(a)(ii)); and (iv) in the case of a failure to achieve Substantial Completion and the issue of a Certificate of Substantial Completion in respect of (Indexed) (after deducting any amount irrevocably paid to LLA under clause 9.1(a)(iii)), (the net amount being referred to as the "Relevant Termination Amount"). (b) The Relevant Termination Amount shall be payable by LLA to the Concessionaire within 10 Business Days of the later of the Termination Date and the date on which the Relevant Termination Amount is agreed or determined pursuant to the Disputes Procedure, provided that interest shall accrue at the Concessionaire Borrowing Rate (compounded quarterly) on the Relevant Termination Amount from the Termination Date`. (c) Termination by LLA pursuant to clause 9.1(b) shall not take effect until the Relevant Termination Amount has been paid by LLA to the Concessionaire in full. (d) If, by a date one month after the date the Relevant Termination Amount is due, the Relevant Termination Amount has not been paid in full, the Concessionaire may, by notice to LLA and the Council in writing, cancel such termination, in which case the Concession Period shall continue and any right of LLA under clause 9.1(b) shall cease and determine.
Compensation for termination. In the event Services are terminated under a Work Order in accordance with Section 3.2 or 7.1 of this Principal Document, User shall pay Contractor, subject to the other provisions of this Agreement that may reduce or suspend payment, (a) according to Exhibit D for non-lump sum Services performed and obligations incurred prior to the termination, (b) for lump sum Services, the percentage of any lump sum price due which represents the percentage of the Services completed by Contractor, and (c) for direct costs that Contractor incurs in terminating Services under the Work Order, provided those costs (1) were authorized in advance by User, and (2) are properly supported by timesheets, invoices and the like. Subject to the provisions of this Agreement, User's sole liability to Contractor for termination is contained in this Section 7.2 and User shall not be liable for any costs, claims, damages or liabilities whatsoever of Contractor or its Subcontractors, including, without limitation, consequential, special or indirect damages, loss of anticipated profit or reimbursement for Services unperformed.
Compensation for termination. Party A agree to pay NT as the compensation for the termination of this Agreement due to the Section 12.(3) or 12.(4) to Party B or her Successor. Parry A also agrees to pay NT as the compensation for the termination of this Agreement due to other reason, except the request of termination made by Party B, to Party B.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!