Common use of Limitation On Termination Compensation Clause in Contracts

Limitation On Termination Compensation. Irrespective of the reason for termination or the party terminating, the total sum paid to the General Contractor shall not exceed the Contract Construction Price, as properly adjusted, reduced by the amount of payments previously made and penalties or deductions incurred pursuant to any other provision of this Contract For Construction, and shall in no event include duplication of payment.

Limitation On Termination Compensation. Irrespective of the reason for termination or the party terminating, the total sum paid to the General Contractor shall not exceed the Contract Construction PriceSum, as properly adjusted, reduced by the amount of payments previously made and penalties or deductions incurred pursuant to any other provision of this Contract For ConstructionAgreement, and shall in no event include duplication of payment.

Limitation On Termination Compensation. Irrespective of the reason for termination or the party terminating, the total sum paid to the General Contractor Construction Manager shall not exceed the Contract Construction Price, as properly adjusted, reduced by the amount of payments previously made and penalties or deductions incurred pursuant to any other provision of this Contract For ConstructionAgreement, and shall in no event include duplication of payment.

Limitation On Termination Compensation. Irrespective of the reason for termination or the party terminating, the total sum paid to the General Contractor shall not exceed the Contract Construction PriceSum, as properly adjusted, reduced by the amount of payments previously made and penalties or deductions incurred pursuant to any other provision of this Contract For ConstructionAgreement, and shall in no event include duplication of payment.