Common use of Contract Closeout Clause in Contracts

Contract Closeout. USBE shall pay Contractor for all Procurement Items ordered prior to termination of this Contract and accepted by USBE. USBE’s exercise of its right to terminate this Contract shall not relieve the Contractor of any liability to USBE for any damages or claims arising under this Contract. USBE shall not be liable for any penalties or liquidated damages that accrue after the effective date of termination.

Appears in 6 contracts

Samples: Utah Contract, Utah Contract, www.schools.utah.gov

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