Common use of Termination for Convenience of the City Clause in Contracts

Termination for Convenience of the City. The CITY may terminate for its convenience this contract at any time by giving at least thirty (30) days notice in writing to the DEVELOPER. If the contract is terminated by the CITY, as provided herein, the City will reimburse for any actual and approved expenses incurred, including those costs involved in terminating the contracts and shutting down the work as of the date of notice, and the DEVELOPER will be paid as a FEE an amount which bears the same ratio to the total compensation as the services actually performed bear to the total service of the DEVELOPER covered by this contract, less payments of compensation previously made. Claims and disputes between the parties will be submitted to the American Arbitration Association for resolution. Award or judgment may be entered in any court having jurisdiction thereof.

Appears in 7 contracts

Samples: Chdo Homebuyer New Construction Program Agreement, Chdo Homebuyer New Construction Program Agreement, Chdo Homebuyer New Construction Program Agreement

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Termination for Convenience of the City. The CITY may terminate this Agreement for its convenience this contract at any time by giving at least thirty (30) days notice in writing to the DEVELOPERAWARDEE. If the contract Agreement is terminated by the CITY, as provided herein, the City CITY will reimburse for any actual and approved expenses incurred, including those costs involved in terminating the contracts and shutting down the work as of the date of notice, and the DEVELOPER AWARDEE will be paid as a FEE an amount which bears the same ratio to the total compensation as the services actually performed bear to the total service of the DEVELOPER AWARDEE covered by this contractAgreement, less payments of compensation previously made. Claims and disputes between the parties will be submitted to the American Arbitration Association for resolution. Award or judgment may be entered in any court having jurisdiction thereof.

Appears in 1 contract

Samples: Community Housing Development Organization Agreement

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