Common use of Obligations and Rights Clause in Contracts

Obligations and Rights. After the date of a termination notice, and to the extent specified in such termination notice, the Contractor shall not engage in any Work, incur further obligations, or render any further performance hereunder. Upon receipt of a termination notice, the Contractor shall also terminate outstanding orders and subcontracts with third parties. However, the Contractor shall complete and deliver to the UCRC all Work not cancelled by the termination notice and may incur all obligations as are necessary to do so within this SCIA’s terms.

Obligations and Rights. After the date of a termination notice, and to the extent specified in such termination notice, the Contractor shall not engage in any Work, incur further obligations, or render any further performance hereunder. Upon receipt of a termination notice, the Contractor shall also terminate outstanding orders and subcontracts with third parties. However, the Contractor shall complete and deliver to the UCRC all Work not cancelled canceled by the termination notice and may incur all obligations as are necessary to do so within this SCIA’s terms.