Common use of Termination for Convenience of SJRA Clause in Contracts

Termination for Convenience of SJRA. SJRA reserves the right to terminate this Order, or any part of it, for SJRA’s sole convenience. In the event of such termination, Seller shall immediately stop all work hereunder and shall immediately terminate all suppliers’ and subcontractors’ contracts related to performance hereunder on terms acceptable to SJRA. Seller shall be paid for all conforming work performed or conforming goods delivered prior to the date of termination, plus reasonable, actual direct costs resulting from termination but only to the extent such costs cannot be avoided or mitigated through the exercise of Seller’s best efforts. Seller shall not be paid for any work done after receipt of the notice of termination, nor for any costs incurred by Seller’s suppliers or subcontractors which Seller could have avoided through its best efforts. In performing this Order, Seller shall not act unreasonably in anticipation of a notice of termination. Seller shall not be entitled to any consequential damages resulting from such termination including but not limited to loss of anticipated profits. In no event shall SJRA’s obligation to Seller under this Section exceed the lesser of the actual value of that portion of the Goods terminated or the agreed termination price.

Termination for Convenience of SJRA. SJRA reserves the right to terminate this Order, or any part of it, for SJRA’s sole convenience. In the event of such termination, Seller Supplier shall immediately stop all work hereunder and shall immediately terminate all suppliers’ and subcontractors’ sub-supplier’s contracts related to performance hereunder on terms acceptable to SJRA. Seller Supplier shall be paid for all conforming work performed or conforming goods delivered prior to the date of termination, plus reasonable, actual direct costs resulting from termination but only to the extent such costs cannot be avoided or mitigated through the exercise of SellerSupplier’s best efforts. Seller Supplier shall not be paid for any work done after receipt of the notice of termination, nor for any costs incurred by Sellersupplier or it ’s suppliers or subcontractors which Seller subs, w h ic h Supplier could have avoided through its best efforts. In performing carrying out this Order, Seller Supplier shall not act unreasonably in anticipation of a notice of termination. Seller Supplier shall not be entitled to any consequential damages resulting from such termination including but not limited to loss of anticipated profits. In no event shall SJRA’s obligation to Seller Supplier under this Section exceed the lesser of the actual value of that portion of the Goods terminated or the agreed termination price.

Termination for Convenience of SJRA. SJRA reserves the right to terminate this Order, or any part of it, for SJRA’s sole convenience. In the event of such termination, Seller shall immediately stop all work hereunder and shall immediately terminate all suppliers’ and subcontractors’ contracts related to performance hereunder on terms acceptable to SJRA. Seller shall be paid for all conforming work performed or conforming goods delivered prior to the date of termination, plus reasonable, actual direct costs resulting from termination but only to the extent such costs cannot be avoided or mitigated through the exercise of Seller’s best efforts. Seller shall not be paid for any work done after receipt of the notice of termination, nor for any costs incurred by Seller’s suppliers or subcontractors which Seller could have avoided through its best efforts. In performing this Order, Seller shall not act unreasonably in anticipation of a notice of termination. Seller shall not be entitled to any consequential damages resulting from such termination including but not limited to loss of anticipated profits. In I n no event shall SJRA’s sh al l SJ R A ’ s obligation to Seller under this Section exceed the lesser of the actual value of that portion of the Goods terminated or the agreed termination price.