Common use of COMPENSATION IN THE EVENT OF TERMINATION, ABANDONMENT OR SUSPENSION Clause in Contracts

COMPENSATION IN THE EVENT OF TERMINATION, ABANDONMENT OR SUSPENSION. In the event the District terminates this Agreement for cause, abandons or suspends the Work on the Project, there shall be due and payable within thirty (30) Days following such termination, abandonment or suspension a sum of money sufficient to increase the total amount paid to Contractor to an amount which bears the same proportion to the Pre-construction Services Fee as the amount of Services performed or provided by Contractor prior to the time of such termination, suspension or abandonment of this Agreement bears to the entire Services Contractor is required to perform pursuant to this Agreement.

Appears in 5 contracts

Samples: Construction Services Agreement, Pre Construction Services Agreement, Pre Construction Services Agreement

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