Termination for Convenience after GMP Amendment Sample Clauses

Termination for Convenience after GMP Amendment. After the GMP Amendment is executed by both parties, and upon notice as provided in Section 108.08 of TDOT’s Standard Specifications for Road and Bridge Construction (including Supplemental Specifications), the Contract may be terminated by the Department without penalty for convenience, in which case the CM/GC shall be entitled to payment of any earned but unpaid amounts provided for in Article 13.1, together with the Cost of the Work satisfactorily completed under the GMP Amendment, plus the costs of bonds and insurance, but in any event not in excess of the GMP. Upon such termination, the Contractor shall have no right to any actual general, special, incidental, consequential, or any other damages whatsoever of any description or amount.
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Related to Termination for Convenience after GMP Amendment

  • Termination for Convenience TIPS may, by written notice to Vendor, terminate this Agreement for convenience, in whole or in part, at any time by giving thirty (30) days’ written notice to Vendor of such termination, and specifying the effective date thereof.

  • Compensation for Convenience Termination If City shall terminate for its convenience as herein provided, City shall compensate Consulting Engineer/Architect for all Engineering/Architectural Services satisfactorily completed to date of its receipt of the termination notice and any additional Engineering/Architectural Services requested by City to bring the Project to reasonable termination. Compensation shall not include anticipatory profit or consequential damages, neither of which will be allowed.

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