Common use of Termination by the Owner for Convenience Clause in Contracts

Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Contractor shall be entitled to receive payment for Work executed, and costs incurred by reason of such termination, along with reasonable overhead and profit on the Work not executed.

Appears in 33 contracts

Samples: Owner/Contractor Agreement, Owner/Contractor Agreement, Owner/Contractor Agreement

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Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Contractor shall be entitled to receive payment for Work executed, and costs incurred by reason of such termination, along with reasonable overhead and profit on the Work not executed.

Appears in 3 contracts

Samples: Design Build Agreement, Roof Replacement Agreement, Design Build Agreement (Badger State Ethanol LLC)

Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Owner shall pay the Contractor shall be entitled to receive payment for Work executed, ; and costs incurred by reason of such termination, along with reasonable overhead including costs attributable to termination of Subcontracts; and profit on the Work not executed.a termination fee, if any, as follows:

Appears in 2 contracts

Samples: Standard Abbreviated Form of Agreement Between Owner and Contractor, Standard Abbreviated Form of Agreement Between Owner and Contractor

Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Owner shall pay the Contractor shall be entitled to receive payment for Work executed, ; and costs incurred by reason of such termination, along with reasonable overhead including costs attributable to termination of Subcontracts; and profit on the Work not executed.a termination fee, if any, as follows: « »

Appears in 2 contracts

Samples: Standard Abbreviated Form of Agreement Between Owner and Contractor, Standard Abbreviated Form of Agreement Between Owner and Contractor

Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Contractor shall be entitled to receive payment for Work executed, and costs incurred by reason of such termination, along with reasonable overhead and profit on the Work not executed.. REMAINDER OF PAGE INTENTIONALLY BLANK

Appears in 1 contract

Samples: Construction Contract

Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Contractor shall be entitled to receive payment for Work executedproperly executed in accordance with the Contract Documents, and costs actually incurred by reason of such termination, along with reasonable overhead and profit on the Work not executed.

Appears in 1 contract

Samples: Standard Short Form of Agreement Between Owner and Contractor

Termination by the Owner for Convenience. The Owner may, at any time, terminate the a Contract for the Owner’s convenience and without cause. The Owner shall pay the Contractor shall be entitled to receive payment for Work executed, ; and costs incurred by reason of such termination, along with reasonable overhead including costs attributable to termination of Subcontracts; and a termination fee, if any, as follows: Overhead and profit on the portion of the Work not executedyet performed.

Appears in 1 contract

Samples: Master Agreement

Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Owner shall pay the Contractor shall be entitled to receive payment for Work executed, ; and costs incurred by reason of such termination, along with reasonable overhead and profit a Termination Fee of fifty percent (50%) of the unearned Fee on the Work not executedunperformed Work.

Appears in 1 contract

Samples: Guaranteed Energy Savings Contract Agreement

Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Contractor shall be entitled to receive payment for Work executed, and costs incurred by reason of such termination, along with a reasonable overhead and profit on the Work not executed, subject to Owner's review and approval, which shall not be unreasonably withheld.

Appears in 1 contract

Samples: Contract Agreement

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Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Owner shall pay the Contractor shall be entitled to receive payment for Work executed, ; and costs incurred by reason of such termination, along with reasonable . In no event shall the Contractor be entitled to payment for overhead and or profit on the Work not executed.

Appears in 1 contract

Samples: Standard Abbreviated Form of Agreement Between Owner and Contractor

Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Owner shall pay the Contractor shall be entitled to receive payment for Work executed, .; and costs incurred by reason of such termination, along with reasonable overhead including costs attributable to termination of Subcontracts; and profit on a termination fee, if any, as follows: (Insert the Work not executedamount of or method for determining the fee payable to the Contractor by the Owner following a termination for the Owner’s convenience, if any.) « »

Appears in 1 contract

Samples: Standard Abbreviated Form of Agreement Between Owner and Contractor

Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Contractor with shall be entitled to receive payment for Work executed, and costs incurred by reason of such termination, along with suc reasonable overhead and profit on the Work not executed.

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Contractor for a Residential or Small Commercial Project

Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Contractor shall be entitled to receive payment for Work executed, and costs incurred by reason of such termination, along with reasonable overhead and profit on the Work not properly executed.

Appears in 1 contract

Samples: Standard Short Form of Agreement Between Owner and Contractor

Termination by the Owner for Convenience. The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The As the Contractor’s sole remedy hereunder, Owner shall pay the Contractor for the Work completed as of the effective date of the termination of this Agreement. Contractor shall not be entitled to receive payment any payment, damages, fees, costs, or profits for Work executed, and costs incurred by reason of such termination, along with reasonable overhead and profit on the Work not executedyet performed.

Appears in 1 contract

Samples: Standard Abbreviated Form of Agreement Between Owner and Contractor

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