Common use of Term; Suspension; Termination Clause in Contracts

Term; Suspension; Termination. a. This Agreement shall become effective on the date that it is made, set forth on the first page of the Agreement, and shall expire on June 30, 2022 unless sooner terminated as provided herein. The term of the Agreement may be extended for up to two additional one-year terms upon mutual agreement of both parties. b. City shall have the right at any time to temporarily suspend Contractor’s performance hereunder, in whole or in part, by giving a written notice of suspension to Contractor. If City gives such notice of suspension, Contractor shall immediately suspend its activities under this Agreement, as specified in such notice. c. City shall have the right to terminate this Agreement for convenience at any time by giving a written notice of termination to Contractor. Upon such termination, Contractor shall submit to City an itemized statement of services performed as of the date of termination in accordance with Section 2 of this Agreement. These services may include both completed work and work in progress at the time of termination. City shall pay Contractor for any services for which compensation is owed; provided, however, City shall not in any manner be liable for lost profits that might have been made by Contractor had the Agreement not been terminated or had Contractor completed the services required by this Agreement. Contractor shall promptly deliver to City all documents related to the performance of this Agreement in its possession or control. All such documents shall be the property of City without additional compensation to Contractor.

Appears in 1 contract

Samples: Professional Services

AutoNDA by SimpleDocs

Term; Suspension; Termination. a. This The term of this Agreement shall become effective be for five (5) years, commencing on the date that it is mademade above. City and Contractor may, set forth on the first page upon mutual written agreement of the Agreementboth parties, and shall expire on June 30, 2022 unless sooner terminated as provided herein. The term of the extend this Agreement may be extended for up to two (2) additional one-one year terms upon mutual agreement of both partiesterms. b. City shall have the right at any time to temporarily suspend Contractor’s performance hereunder, in whole or in part, by giving a written notice of suspension to Contractor. If City gives such notice of suspension, Contractor shall immediately suspend its activities under this Agreement, as specified in such notice. c. City shall have the right to terminate this Agreement for convenience at any time by giving a written notice of termination to Contractor. Upon If City gives such notice of termination, Contractor shall submit immediately cease rendering services pursuant to City an itemized statement of services performed as of the date of termination in accordance with Section 2 of this Agreement. These services may include both completed work and work in progress at the time of termination. If City terminates this Agreement, City shall pay Contractor the reasonable value of services rendered by Contractor prior to termination. In this regard, Contractor shall furnish to City such information as in the judgment of the City is necessary for any City to determine the reasonable value of the services for which compensation is owed; provided, however, rendered by Contractor. City shall not in any manner be liable for lost profits that might have been made by Contractor had the Agreement not been terminated or had Contractor completed the services required by this Agreement. Contractor shall promptly deliver to City all documents related to the performance of this Agreement in its possession or control. All such documents shall be the property of City without additional compensation to Contractor.

Appears in 1 contract

Samples: General Services Agreement

Term; Suspension; Termination. a. This The term of this Agreement shall become effective be for two years commencing on the date that it is mademade above. City and Contractor may, set forth on the first page of the Agreement, and shall expire on June 30, 2022 unless sooner terminated as provided herein. The term of the Agreement may be extended for up to two additional one-year terms upon mutual written agreement of both parties, extend this Agreement for three one-year periods, one two-year period, one three-year period, or any combination not to exceed a total of three years. b. City shall have the right at any time to temporarily suspend Contractor’s performance hereunder, in whole or in part, by giving a written notice of suspension to Contractor. If City gives such notice of suspension, Contractor shall immediately suspend its activities under this Agreement, as specified in such notice. c. City shall have the right to terminate this Agreement for convenience at any time by giving a written notice of termination to Contractor. Upon If City gives such notice of termination, Contractor shall submit immediately cease rendering services pursuant to City an itemized statement of services performed as of the date of termination in accordance with Section 2 of this Agreement. These services may include both completed work and work in progress at the time of termination. If City terminates this Agreement, City shall pay Contractor the reasonable value of services rendered by Contractor prior to termination. In this regard, Contractor shall furnish to City such information as in the judgment of the City is necessary for any City to determine the reasonable value of the services for which compensation is owed; provided, however, rendered by Contractor. City shall not in any manner be liable for lost profits that might have been made by Contractor had the Agreement not been terminated or had Contractor completed the services required by this Agreement. Contractor shall promptly deliver to City all documents related to the performance of this Agreement in its possession or control. All such documents shall be the property of City without additional compensation to Contractor.

Appears in 1 contract

Samples: General Services Agreement

AutoNDA by SimpleDocs

Term; Suspension; Termination. a. This Agreement shall become effective on the date that it is made, set forth on the first page of the Agreement, and shall expire on June 30, 2022 unless sooner terminated as provided herein. The term of the this Agreement may shall be extended for three (3) years commencing on July 1, 2024. City and Contractor may, upon mutual written agreement of both parties, extend this Agreement for up to two (2) additional one-year terms upon mutual agreement of both partiesterms, or a combination thereof, not to exceed 2 years. b. City shall have the right at any time to temporarily suspend Contractor’s performance hereunder, in whole or in part, by giving a written notice of suspension to Contractor. If City gives such notice of suspension, Contractor shall immediately suspend its activities under this Agreement, as specified in such notice. c. City shall have the right to terminate this Agreement for convenience at any time by giving a written notice of termination to Contractor. Upon If City gives such notice of termination, Contractor shall submit immediately cease rendering services pursuant to City an itemized statement of services performed as of the date of termination in accordance with Section 2 of this Agreement. These services may include both completed work and work in progress at the time of termination. If City terminates this Agreement, City shall pay Contractor the reasonable value of services rendered by Contractor prior to termination. In this regard, Contractor shall furnish to City such information as in the judgment of the City is necessary for any City to determine the reasonable value of the services for which compensation is owed; provided, however, rendered by Contractor. City shall not in any manner be liable for lost profits that might have been made by Contractor had the Agreement not been terminated or had Contractor completed the services required by this Agreement. Contractor shall promptly deliver to City all documents related to the performance of this Agreement in its possession or control. All such documents shall be the property of City without additional compensation to Contractor.

Appears in 1 contract

Samples: General Services Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!