Common use of Owner’s Limited License Upon Owner’s Termination for Convenience or Design-Builder’s Election to Terminate Clause in Contracts

Owner’s Limited License Upon Owner’s Termination for Convenience or Design-Builder’s Election to Terminate. If Owner terminates the Project for its convenience as set forth in Article 8 hereof, or if Design-Builder elects to terminate this Agreement in accordance with Section 11.4 of the General Conditions of Contract, Design-Builder shall, then upon Owner’s payment in full of the amounts due Design-Builder under the Contract Documents, vest in Owner a limited license to use the Work Product to complete the Project and subsequently occupy and repair the Project, subject to the following:

Appears in 2 contracts

Samples: Standard Form of Agreement Between Owner and Design Builder Lump Sum (Heron Lake BioEnergy, LLC), Standard Form of Agreement Between Owner and Design Builder Lump Sum (Heron Lake BioEnergy, LLC)

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Owner’s Limited License Upon Owner’s Termination for Convenience or Design-Builder’s Election to Terminate. If Owner terminates the Project for its convenience as set forth in Article 8 hereof, or if Design-Builder elects to terminate this Agreement in accordance with Section 11.4 of the General Conditions of Contract, Design-Builder shall, then upon Owner’s payment in full of the amounts due Design-Builder under the Contract Documents, vest in grant Owner a limited license to use the Work Product to complete the Project and subsequently occupy and repair use the Project, subject to conditioned on the following:

Appears in 1 contract

Samples: Design Build Agreement

Owner’s Limited License Upon Owner’s Termination for Convenience or Design-Builder’s Election to Terminate. If Owner terminates the Project this Agreement for its convenience as set forth in Article 8 hereof, or if Design-Builder elects to terminate this Agreement in accordance with Section 11.4 of the General Conditions of Contract, Design-Builder shall, then upon Owner’s payment in full of the amounts due Design-Builder under the Contract Documents, vest in grant Owner a limited license to use the Work Product to complete the Project and subsequently occupy and repair the Project, subject to and Owner shall thereafter have the following:same rights as set forth in Section

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Design Builder Lump Sum

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Owner’s Limited License Upon Owner’s Termination for Convenience or Design-Builder’s Election to Terminate. If Owner terminates the Project for its convenience as set forth in Article 8 hereof, or if Design-Builder elects to terminate this Agreement in accordance with Section 11.4 of the General Conditions of Contract, Design-Builder shall, then upon Owner’s payment in full of the amounts due Design-Builder under the Contract Documents, vest in Owner a limited license to use the Work Product to complete the Project and subsequently occupy and repair occupy, repair, remodel or enlarge the Project, subject to the following:

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Design Builder Lump Sum (Golden Grain Energy)

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