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

Termination for Convenience of the Grantee. A. The Grantee may terminate this contract at any time by giving at least ten (10) days notice in writing to the Administrator. If the Administrator is terminated by the Grantee as provided herein, the Administrator will be paid for the time provided and expenses incurred up to the termination date. If this Contract is terminated due to the fault of the Administrator, Section 5.0 of this contract shall apply.

Termination for Convenience of the Grantee. A. The Grantee may terminate this contract Contract at any time by giving at least ten (10) days days’ notice in writing to the Administrator. If the Administrator is terminated by the Grantee as provided herein, the Administrator will be paid for the time provided and expenses incurred up to the termination date. If this Contract is terminated due to the fault of the Administrator, Section 5.0 of this contract Paragraph I hereof relative to termination shall apply.