Common use of Termination by Sponsor Clause in Contracts

Termination by Sponsor. The Sponsor may terminate this Agreement in whole or in part, for the failure of the Contractor to: i) Perform the services within the time specified in this contract or by Sponsor approved extension; ii) Make adequate progress so as to endanger satisfactory performance of the Project; iii) Fulfill the obligations of the Agreement that are essential to the completion of the Project. Upon receipt of the notice of termination, the Contractor must immediately discontinue all services affected unless the notice directs otherwise. Upon termination of the Agreement, the Contractor must deliver to the Sponsor all data, surveys, models, drawings, specifications, reports, maps, photographs, estimates, summaries, and other documents and materials prepared by the Engineer under this contract, whether complete or partially complete. Xxxxxxx agrees to make just and equitable compensation to the Contractor for satisfactory work completed up through the date the Contractor receives the termination notice. Compensation will not include anticipated profit on non-performed services. Xxxxxxx further agrees to hold Contractor harmless for errors or omissions in documents that are incomplete as a result of the termination action under this clause. If, after finalization of the termination action, the Sponsor determines the Contractor was not in default of the Agreement, the rights and obligations of the parties shall be the same as if the Sponsor issued the termination for the convenience of the Sponsor.

Appears in 6 contracts

Samples: Professional Services, Professional Services, Professional Services

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Termination by Sponsor. The Sponsor may terminate this Agreement in whole or in part, for the failure of the Contractor to: i) Perform the services within the time specified in this contract or by Sponsor approved extension; ii) Make adequate progress so as to endanger satisfactory performance of the Project; iii) Fulfill the obligations of the Agreement that are essential to the completion of the Project. Upon receipt of the notice of termination, the Contractor must immediately discontinue all services affected unless the notice directs otherwise. Upon termination of the Agreement, the Contractor must deliver to the Sponsor all data, surveys, models, drawings, specifications, reports, maps, photographs, estimates, summaries, and other documents and materials prepared by the Engineer under this contract, whether complete or partially complete. Xxxxxxx Sponsor agrees to make just and equitable compensation to the Contractor for satisfactory work completed up through the date the Contractor receives the termination notice. Compensation will not include anticipated profit on non-non- performed services. Xxxxxxx Sponsor further agrees to hold Contractor harmless for errors or omissions in documents that are incomplete as a result of the termination action under this clause. If, after finalization of the termination action, the Sponsor determines the Contractor was not in default of the Agreement, the rights and obligations of the parties shall be the same as if the Sponsor issued the termination for the convenience of the Sponsor.

Appears in 4 contracts

Samples: Consultant Services Agreement, Consultant Services Agreement, Consultant Services Agreement

Termination by Sponsor. The Sponsor may terminate this Agreement in whole or in part, for the failure of the Contractor to: i) Perform the services within the time specified in this contract or by Sponsor approved extension; ii) Make adequate progress so as to endanger satisfactory performance of the Project; iii) Fulfill the obligations of the Agreement that are essential to the completion of the Project. Upon receipt of the notice of termination, the Contractor must immediately discontinue all services affected unless the notice directs otherwise. Upon termination of the Agreement, the Contractor must deliver to the Sponsor all data, surveys, models, drawings, specifications, reports, maps, photographs, estimates, summaries, and other documents and materials prepared by the Engineer under this contract, whether complete or partially complete. Xxxxxxx agrees to make just and equitable compensation to the Contractor for satisfactory work completed up through the date the Contractor receives the termination notice. Compensation will not include anticipated profit on non-non- performed services. Xxxxxxx further agrees to hold Contractor harmless for errors or omissions in documents that are incomplete as a result of the termination action under this clause. If, after finalization of the termination action, the Sponsor determines the Contractor was not in default of the Agreement, the rights and obligations of the parties Parties shall be the same as if the Sponsor issued the termination for the convenience of the Sponsor.

Appears in 1 contract

Samples: Professional Services Agreement

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Termination by Sponsor. The Sponsor may terminate this Agreement in whole or in part, for the failure of the Contractor to: i) Perform the services within the time specified in this contract or by Sponsor approved extension; ii) Make adequate progress so as to endanger satisfactory performance of the Project; iii) Fulfill the obligations of the Agreement that are essential to the completion of the Project. Upon receipt of the notice of termination, the Contractor must immediately discontinue all services affected unless the notice directs otherwise. Upon termination of the Agreement, the Contractor must deliver to the Sponsor all data, surveys, models, drawings, specifications, reports, maps, photographs, estimates, summaries, and other documents and materials prepared by the Engineer under this contract, whether complete or partially complete. Xxxxxxx agrees to make just and equitable compensation to the Contractor for satisfactory work completed up through the date the Contractor receives the termination notice. Compensation will not include anticipated profit on non-non- performed services. Xxxxxxx further agrees to hold Contractor harmless for errors or omissions in documents that are incomplete as a result of the termination action under this clause. If, after finalization of the termination action, the Sponsor determines the Contractor was not in default of the Agreement, the rights and obligations of the parties shall be the same as if the Sponsor issued the termination for the convenience of the Sponsor.

Appears in 1 contract

Samples: Consultant Services Agreement

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