Common use of Termination and Dissolution Clause in Contracts

Termination and Dissolution. This agreement shall terminate or expire as follows: 6.1 This agreement may be terminated by either party upon the provision of one hundred and eighty (180) calendar days’ notice. A final reconciliation of costs, payment, and a current report of completed activities shall be completed by the City within such period following the notice by either party. 6.2 Unless earlier terminated by either party, this agreement shall expire on the date when the Seattle Park District is dissolved in accordance with provisions of chapter 35.61 RCW, as the same exists or is hereafter amended. Upon dissolution of the Seattle Park District, it is the intent of the parties that all assets be turned over to the City.

Appears in 4 contracts

Samples: Interlocal Agreement, Interlocal Agreement, Interlocal Agreement

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