Common use of Termination for Convenience of Owner Clause in Contracts

Termination for Convenience of Owner. Owner reserves the right, without breach, to terminate the Contract prior to, or during the performance of the Work, for any reason. Upon such an occurrence, the following shall apply: 14.5.1 Owner will notify Contractor and A/E in writing specifying the reason for and the effective date of the Contract termination. The notice may also contain instructions necessary for the protection, storage or decommissioning of incomplete work or systems, and for safety. 14.5.2 Upon receipt of the notice of termination, Contractor shall immediately proceed with the following obligations, regardless of any dispute in determining or adjusting any amounts due at that point in the Contract:

Appears in 21 contracts

Samples: Construction Services Agreement, Construction Services Agreement, Construction Manager at Risk Agreement

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Termination for Convenience of Owner. Owner reserves the right, without breach, to terminate the Contract prior to, or during the performance of the Work, for any reason. Upon such an occurrence, the following shall apply: 14.5.1 Owner will immediately notify Contractor and A/E in writing writing, specifying the reason for and the effective date of the Contract termination. The Such notice may also contain instructions necessary for the protection, storage or decommissioning of incomplete work or systems, and for safety. 14.5.2 Upon receipt of the notice of termination, Contractor shall immediately proceed with the following obligations, regardless of any dispute delay in determining or adjusting any amounts due at that point in the Contract:

Appears in 5 contracts

Samples: General Construction Services Contract, General Construction Services Contract, Job Order

Termination for Convenience of Owner. Owner reserves the right, without breach, to terminate the Contract prior to, or during the performance of the Work, for any reason. Upon such an occurrence, the following shall apply: 14.5.1 Owner will immediately notify Contractor and A/E in writing specifying the reason for and the effective date of the Contract termination. Such The notice may also contain instructions necessary for the protection, storage or decommissioning of incomplete work or systems, and for safety. 14.5.2 Upon receipt of the notice of termination, Contractor shall immediately proceed with the following obligations, regardless of any delay dispute in determining or adjusting any amounts due at that point in the Contract:

Appears in 4 contracts

Samples: Construction Contract, Construction Contract, Construction Contract

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Termination for Convenience of Owner. Owner reserves the right, without breach, to terminate the Contract prior to, or during the performance of the Work, for any reason. Upon such an occurrence, the following shall apply: 14.5.1 13.5.1 Owner will notify Contractor and A/E in writing specifying the reason for and the effective date of the Contract termination. The notice may also contain instructions necessary for the protection, storage or decommissioning of incomplete work or systems, and for safetyforsafety. 14.5.2 13.5.2 Upon receipt of the notice of termination, Contractor shall immediately proceed with the following obligations, regardless of any dispute in determining or adjusting any amounts due at that point in the Contract: 13.5.2.1 Stop all work. 13.5.2.2 Place no further subcontracts or orders for materials or services.

Appears in 1 contract

Samples: Standard Agreement

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