Common use of Payment on Termination Clause in Contracts

Payment on Termination. After a notice of termination under Sub-Clause 16.2 [Termination by Contractor] has taken effect, the Employer shall promptly: (a) return the Performance Security to the Contractor (b) pay the Contractor in accordance with Sub-Clause 19.6 [Optional Termination, (c) pay to the Contractor the amount of any loss of profit or other loss or damage sustained by the Contractor as a result of this termination. General Conditions 51

Appears in 3 contracts

Sources: Contract Agreement, Contract Agreement, Contract

Payment on Termination. After a notice of termination under Sub-Clause 16.2 [Termination by Contractor] has taken effect, the Employer Contract Awarder shall promptly: (a) return the Performance Security to the Contractor, (b) pay the Contractor in accordance with Sub-Clause 19.6 [Optional Termination,, Payment and Release], and (c) pay to the Contractor the amount of any loss of profit or other loss or damage sustained by the Contractor as a result of this termination. General Conditions 51.

Appears in 2 contracts

Sources: Contract Agreement (Renewable Fuel Corp), Contract Agreement (Renewable Fuel Corp)

Payment on Termination. After a notice of termination under Subsub-Clause 16.2 clause 16.1 [Termination by Contractor] has taken effect, the Employer shall promptly: (a) return the Performance Security to the Contractor; (b) pay the Contractor in accordance with Subsub-Clause clause 19.6 [Optional Termination,, Payment and Release]; and (c) notwithstanding the final paragraph of sub-clause 19.6 [Optional Termination, Payment and Release] pay to the Contractor the amount of any loss of profit or other loss or damage sustained by the Contractor as a result of this termination. General Conditions 51.

Appears in 2 contracts

Sources: Contractor Agreement, Contractor Agreement

Payment on Termination. After a notice of termination under Subsub-Clause 16.2 clause 16.1 [Termination by Contractor] has taken effect, the Employer shall promptly: (a) return the Performance Security to the Contractor; (b) pay the Contractor in accordance with Subsub-Clause clause 19.6 [Optional Termination, (c) pay to the Contractor the amount in full and final satisfaction of all and any other claims whatsoever (including in respect of loss of profit or other loss or damage sustained by the Contractor as a result of this termination. General Conditions 51profit) an amount equal to one per cent

Appears in 2 contracts

Sources: Crane Supply Contract, Contract Agreement

Payment on Termination. After a notice of termination under Sub-Clause 16.2 [Termination by Contractor] has taken effect, the Employer shall promptly: (a) return the Performance Security to the Contractor, (b) pay the Contractor in accordance with Sub-Clause 19.6 [Optional Termination,, Payment and Release], and SAMPLE (c) pay to the Contractor the amount of any loss of profit or other loss or damage sustained by the Contractor as a result of this termination. General Conditions 51.

Appears in 1 contract

Sources: Contract Agreement

Payment on Termination. After a notice of termination under Sub-Clause 16.2 21.2 [Termination by Contractor] has taken effect, the Employer Employer/s shall promptly: (a) return the Performance Security to the Contractor, if applicable; (b) pay the Contractor in accordance with Sub-Clause 19.6 24.6 [Optional Termination, (c) pay to the Contractor the amount of any loss of profit or other loss or damage sustained by the Contractor as a result of this termination. General Conditions 51.

Appears in 1 contract

Sources: Public Private Partnership Agreement

Payment on Termination. After a notice of termination under Sub-Clause 16.2 [Termination by Contractor] has taken effect, the Employer shall promptly: (a) : return the Performance Security to the Contractor (b) , pay the Contractor in accordance with Sub-Clause 19.6 [Optional Termination, (c) , Payment and Release], and pay to the Contractor the amount of any loss of profit or other loss or damage sustained by the Contractor as a result of this termination. General Conditions 51.

Appears in 1 contract

Sources: Contract Agreement

Payment on Termination. After a notice of termination under Sub-Clause 16.2 [Termination by Contractor] has taken effect, the Employer shall promptly: (a) return the Performance Security to the Contractor (b) pay the Contractor in accordance with Sub-Clause 19.6 [Optional Termination,, Payment and Release], and (c) pay to the Contractor the amount of any loss of profit or other loss or damage sustained by the Contractor as a result of this termination. General Conditions 51

Appears in 1 contract

Sources: Contract

Payment on Termination. After a notice of termination under Sub-Clause 16.2 [Termination by Contractor] has taken effect, the Employer shall promptly: (a) return the Performance Security to the Contractor, (b) pay the Contractor in accordance with per Sub-Clause 19.6 [Optional Termination,, Payment and Release], and (c) pay to the Contractor the amount of any loss of profit or other established direct loss or damage sustained by the Contractor as a result of this termination. General Conditions 51termination other than loss of Profit.

Appears in 1 contract

Sources: Framework Agreement

Payment on Termination. After a notice of termination under Sub-Clause 16.2 [Termination by Contractor] has taken effect, the Employer shall promptly: (a) return the Performance Security to the Contractor, (b) pay the Contractor in accordance with Sub-Clause 19.6 [Optional Termination,, Payment and Release], and (c) pay to the Contractor the amount of any loss of profit or other loss or damage sustained by the Contractor as a result of this termination. General Conditions 51.

Appears in 1 contract

Sources: Unit Price Contract

Payment on Termination. After a notice of termination under Sub-Clause 16.2 [(Termination by Contractor] ) has taken effect, the Employer shall promptly: (a) return the Performance Security to the Contractor, and (b) pay the Contractor in accordance with Sub-Clause 19.6 [( Optional Termination, (c) pay to the Contractor the amount of any loss of profit or other loss or damage sustained by the Contractor as a result of this termination. General Conditions 51, Payment and Release).

Appears in 1 contract

Sources: Engineering Procurement and Construction Contract