Common use of Owner’s Termination for Convenience Clause in Contracts

Owner’s Termination for Convenience. Owner may terminate the Contract, in whole or in part, without penalty for convenience pursuant to Section J.5 of the General Conditions, as revised and supplemented for this Project; however, under no circumstances shall the amount to be paid to Design-Builder under the Contract exceed the Fixed Fee. In the event of a termination for convenience, Design-Builder shall remain liable for all Work performed or provided or to have been provided, prior to the termination.

Appears in 4 contracts

Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement

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