Common use of Termination for Convenience by MaineHousing Clause in Contracts

Termination for Convenience by MaineHousing. MaineHousing shall have the right to terminate this Agreement if MaineHousing determines, in its sole judgment that such termination is in its best interest. In the event MaineHousing determines that such termination is in its best interest, it shall give notice of termination to Vendor stating the effective date of termination. In the event of such termination, MaineHousing shall be obligated to pay Vendor only for Home Energy deliveries actually made and other services actually performed by Vendor to the effective date of termination, provided that such deliveries and services conform to the requirements of this Agreement. Without limiting in any way MaineHousing’s rights under this Section 12.B, MaineHousing may, at any time during the term of this Agreement, send a Notice of Contract Completion to the Vendor setting forth the end date of the Agreement.

Appears in 3 contracts

Samples: Maine State Housing Authority, Maine State Housing Authority, Maine State Housing Authority

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Termination for Convenience by MaineHousing. MaineHousing shall have the right to terminate this Agreement if MaineHousing determines, in its sole judgment judgment, that such termination is in its best interest. In the event MaineHousing determines that such termination is in its best interest, it shall give notice of termination to Vendor stating the effective date of termination. In the event of such termination, MaineHousing shall be obligated to pay Vendor only for Home Energy Wood Fuel deliveries actually made and other services actually performed by Vendor to the effective date of termination, provided that such deliveries and services conform to the requirements of this Agreement. Without limiting in any way MaineHousing’s rights under this Section 12.B10.B, MaineHousing may, at any time during the term of this Agreement, send a Notice of Contract Completion to the Vendor setting forth the end date of the AgreementAgreement and providing for the submission of Purchase Orders within the period specified in the Notice.

Appears in 1 contract

Samples: Maine State Housing Authority

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