Common use of CONSEQUENCES OF TERMINATION/EXPIRY Clause in Contracts

CONSEQUENCES OF TERMINATION/EXPIRY. 16.1 Upon termination or expiry of this Contract, the Supplier will: 16.1.1 give all reasonable assistance to the incoming supplier of the Services. 16.1.2 return all requested documents, information and data to the Customer as soon as reasonably practicable. 16.2 Subject to clause 6, 7 and 16.3, where the Customer terminates the Contract under clause 15 (Termination), the Customer will indemnify the Supplier against any commitments, liabilities or expenditure which represent an unavoidable direct loss to the Supplier by reason of the termination of the Contract, provided that the Supplier takes all reasonable steps to mitigate such loss. The Customer will not be liable to pay any severance payment or compensation to the Supplier for loss of profits suffered as a result of the termination. Where the Supplier holds insurance, the Customer shall only indemnify the Customer for those unavoidable direct costs that are not covered by the insurance available. The Supplier shall submit a fully itemised and costed list of unavoidable direct loss which it is seeking to recover from the Customer, with supporting evidence, of losses reasonably and actually incurred by the Supplier as a result of termination. 16.3 In respect to all claims under clause 16.2, the Customer will make one payment in full and final settlement. This payment will not exceed the total of any remaining remuneration due to the Supplier under clause 6 of this Contract.

CONSEQUENCES OF TERMINATION/EXPIRY. 16.1 15.1 Upon termination or expiry of this Contract, the Supplier will: 16.1.1 15.1.1 give all reasonable assistance to the incoming supplier of the Services. 16.1.2 15.1.2 return all requested documents, information and data to the Customer as soon as reasonably practicable. 16.2 15.2 Subject to clause 6, 7 and 16.3, where the Customer terminates the Contract under clause 15 (Termination), the Customer will indemnify the Supplier against any commitments, liabilities or expenditure which represent an unavoidable direct loss to the Supplier by reason of the termination of the Contract, provided that the Supplier takes all reasonable steps to mitigate such loss. The Customer will not be liable to pay any severance payment or compensation to the Supplier for loss of profits suffered as a result of the termination. Where the Supplier holds insurance, the Customer shall only indemnify the Customer for those unavoidable direct costs that are not covered by the insurance available. The Supplier shall submit a fully itemised and costed list of unavoidable direct loss which it is seeking to recover from the Customer, with supporting evidence, of losses reasonably and actually incurred by the Supplier as a result of termination. 16.3 15.3 In respect to all claims under clause 16.2, the Customer will make one payment in full and final settlement. This payment will not exceed the total of any remaining remuneration due to the Supplier under clause 6 of this Contract.