Common use of SETTLEMENT ON TERMINATION Clause in Contracts

SETTLEMENT ON TERMINATION. When the Contract is terminated for any reason, at any time prior to one hundred eighty (180) days after the effective date of termination, Contractor shall submit a final termination settlement proposal to Owner based upon recoverable costs as provided under the Contract. If Contractor fails to submit the proposal within the time allowed, Owner may unilaterally determine the amount due to Contractor because of the termination and pay the determined amount to Contractor.

Appears in 25 contracts

Samples: Agreement, Agreement Between Owner And, Standard Agreement

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SETTLEMENT ON TERMINATION. When the Contract is terminated for any reason, at any time prior to one hundred eighty (180) 180 days after the effective date of termination, the Contractor shall submit a final termination settlement proposal to the Owner based upon recoverable costs as provided under the Contract. If the Contractor fails to submit the proposal within the time allowed, the Owner may unilaterally determine the amount due to the Contractor because of the termination and pay the determined amount to the Contractor.

Appears in 4 contracts

Samples: Agreement, assets.system.tamus.edu, assets.system.tamus.edu

SETTLEMENT ON TERMINATION. When the Contract is terminated for any reason, at any time prior to one hundred eighty (180) days after the effective date of termination, Contractor shall submit a final termination settlement proposal to Owner based upon recoverable costs as provided under the Contract. If Contractor fails to submit the proposal within the time allowed, Owner may unilaterally determine the amount due to Contractor because of the termination and pay the determined amount to Contractor.

Appears in 3 contracts

Samples: cdn.glo.texas.gov, contracts.hhs.texas.gov, s3.glo.texas.gov

SETTLEMENT ON TERMINATION. When the Contract this Agreement is terminated for any reason, at any time prior to one hundred eighty (180) days after the effective date of termination, Contractor shall submit a final termination settlement proposal to Owner based upon recoverable costs as provided under the Contractthis Agreement. If Contractor fails to submit the proposal within the time allowed, Owner may unilaterally determine the amount due to Contractor because of the termination and pay the determined amount to Contractor.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

SETTLEMENT ON TERMINATION. When the Contract is terminated for any reason, at any time prior to one hundred eighty (180) days after the effective date of termination, Contractor shall submit a final termination settlement proposal to Owner based upon recoverable costs as provided under the Contract. If Contractor fails to submit the proposal within the time allowed, Owner may unilaterally determine the amount due to Contractor because of the termination and pay the determined amount to Contractor.. (Remainder of Page Intentionally Left Blank)

Appears in 1 contract

Samples: contracts.hhs.texas.gov

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SETTLEMENT ON TERMINATION. When the Contract is terminated for any reason, at any time prior to Within one hundred eighty (180) days after of the effective date of terminationContract termination for any reason, the Contractor shall submit a final termination settlement proposal to the Owner based upon recoverable costs as provided under the Contract. If the Contractor fails to submit the a settlement proposal within the time allowed, the Owner may unilaterally determine the amount due to the Contractor because of the termination and pay the determined amount to Contractortermination.

Appears in 1 contract

Samples: Contract Between Houston Community College

SETTLEMENT ON TERMINATION. When the Contract is terminated for any reason, at any time prior to one hundred eighty (180) days after the effective date of termination, Contractor shall submit a final termination settlement proposal to Owner ODR based upon recoverable costs as provided under the Contract. If Contractor fails to submit the proposal within the time allowed, Owner ODR may unilaterally determine the amount due to Contractor because of the termination and pay the determined amount to Contractor.

Appears in 1 contract

Samples: Master Service Agreement

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