Common use of Termination by Owner for Convenience Clause in Contracts

Termination by Owner for Convenience. Owner may, for any reason whatsoever, or without reason, terminate performance under the Agreement by Design/Builder for convenience. Owner shall give at least thirty (30) days prior written notice of such termination to Design/Builder specifying when termination becomes effective. Design/Builder shall incur no further obligations in connection with the Agreement and Design/Builder shall stop Design Services and the Work when such termination becomes effective. Design/Builder shall also, at Owner’s direction, either terminate or assign to Owner outstanding purchase orders and subcontracts. Design/Builder shall settle the liabilities and claims arising out of any terminated subcontracts. Owner may direct Design/Builder to assign Design/Builder’s rights, title and interest under terminated orders or subcontracts to Owner or its designee. Design/Builder shall transfer title and deliver to Owner such completed or partially completed Design Documents, Work and materials, equipment, parts, fixtures, information and appropriate contract rights as Design/Builder has.

Termination by Owner for Convenience. Owner mayreserves the right, for any reason whatsoeverwhatsoever (including, but not limited to, non-appropriation of funding), or without reason, terminate performance under the Agreement Contract by Design/Builder for convenience. Owner shall give at least thirty (30) days prior calendar days’ advance written notice of such termination for convenience to Design/Builder specifying when termination becomes effectiveBuilder. Design/Builder shall incur no further obligations in connection with the Agreement Contract and Design/Builder shall stop Design Services and the Construction Work when such termination becomes effective. Design/Builder shall also, at Owner’s 's direction, either terminate or assign to Owner outstanding purchase orders and subcontracts. Design/Builder shall settle the liabilities and claims arising out of any terminated subcontractssubcontracts and orders. Owner may direct Design/Builder to assign Design/Builder’s rights's right, title and interest under terminated orders or subcontracts to Owner or its designee. Design/Builder shall transfer title and deliver to Owner such completed or partially completed Design Documents, Construction Work and materials, equipment, parts, fixtures, information and appropriate contract Contract rights as Design/Builder has.

Termination by Owner for Convenience. Owner mayreserves the right, for any reason whatsoeverwhatsoever (including, but not limited to, nonappropriation of funding), or without reason, terminate performance under the Agreement Contract by Design/Builder for convenience. Owner shall give at least thirty (30) calendar days prior advance written notice of such termination for convenience to Design/Builder specifying when termination becomes effectiveBuilder. Design/Builder shall incur no further obligations in connection with the Agreement Contract and Design/Builder shall stop Design Services and the Construction Work when such termination becomes effective. Design/Builder shall also, at Owner’s 's direction, either terminate or assign to Owner outstanding purchase orders and subcontracts. Design/Builder shall settle the liabilities and claims arising out of any terminated subcontractssubcontracts and orders. Owner may direct Design/Builder to assign Design/Builder’s rights's right, title and interest under terminated orders or subcontracts to Owner or its designee. Design/Builder shall transfer title and deliver to Owner such completed or partially completed Design Documents, Construction Work and materials, equipment, parts, fixtures, information and appropriate contract Contract rights as Design/Builder has.

Termination by Owner for Convenience. Owner mayreserves the right, for any reason whatsoeverwhatsoever (including, but not limited to, non-appropriation of funding), or without reason, terminate performance under the Agreement Contract by Design/Builder for convenience. Owner shall give at least thirty (30) calendar days prior advance written notice of such termination for convenience to Design/Builder specifying when termination becomes effectiveBuilder. Design/Builder shall incur no further obligations in connection with the Agreement Contract and Design/Builder shall stop Design Services and the Construction Work when such termination becomes effective. Design/Builder shall also, at Owner’s 's direction, either terminate or assign to Owner outstanding purchase orders and subcontracts. Design/Builder shall settle the liabilities and claims arising out of any terminated subcontractssubcontracts and orders. Owner may direct Design/Builder to assign Design/Builder’s rights's right, title and interest under terminated orders or subcontracts to Owner or its designee. Design/Builder shall transfer title and deliver to Owner such completed or partially completed Design Documents, Construction Work and materials, equipment, parts, fixtures, information and appropriate contract Contract rights as Design/Builder has.