Payment for Completed Work. In the event of any termination pursuant to Subsection 1.15A above, Owner shall pay Contractor (1) such direct costs, excluding overhead, as Contractor shall have paid or incurred for all Work done in compliance with, and as required by or pursuant to, this Contract up to the effective date of termination together with ten percent of such costs for overhead and profit; and (2) such other costs pertaining to the Work, exclusive of overhead and profit, as Contractor may have reasonably and necessarily incurred as the result of such termination. Any such payment shall be offset by any prior payment or payments and shall be subject to Owner’s rights to withhold and deduct as provided in this Contract.
Payment for Completed Work. In full discharge of any obligations to Vendor in respect of termination by MTCC in accordance with this Contract, MTCC shall pay for all Services properly performed up to the date of termination, on a pro-rated basis. Any progress or other payments previously made on account of such Services shall be credited against the amounts payable for such Services, and in the event such pre-payments exceed the amounts payable hereunder for such Services, the excess shall be promptly returned to MTCC.
Payment for Completed Work. In the event of any termination or suspension pursuant to Subsections 9.4A or 9.4B above, Franchisee shall have the right to be paid for all Work done prior to the effective date of such termination or suspension and to be paid for all Work done in accordance with the requirements of this Agreement and for all costs pertaining to the Work, exclusive of overhead and profit, as Franchisee may have reasonably and necessarily incurred as the result of such termination or suspension.
Payment for Completed Work. In the event of any termination pursuant to Subsection 1.15A above, Owner shall pay Contractor (1) unit costs for all portions of the Work completed prior to termination, (2) such direct costs, excluding overhead, as Contractor shall have paid or incurred for all Work done in compliance with, and as required by or pursuant to, this Contract up to the effective date of termination together with ten percent of such costs for overhead and profit; and (3) such other costs pertaining to the Work, exclusive of overhead and profit, as Contractor may have reasonably and necessarily incurred as the result of such termination. Any such payment shall be offset by any prior payment or payments and shall be subject to Owner's rights to withhold and deduct as provided in this Contract.
