TERMINATION FOR CONVENIENCE PAYMENT Sample Clauses

TERMINATION FOR CONVENIENCE PAYMENT. In the event that USAC terminates this MSA for convenience prior to the end of the Initial Term of this MSA pursuant to Section 13.3.6, USAC will only pay Vendor for work performed until the date of termination and documented actual, direct costs incurred by Vendor as a result of the early termination and not recovered by payment for work performed. These amounts are due and payable only in the event USAC terminates for convenience prior to the end of the Initial Term of this MSA and are Vendor’s sole and exclusive remedy for such termination for convenience. No such amounts are due for any other termination or expiration of this MSA.
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TERMINATION FOR CONVENIENCE PAYMENT. 17.2.1 In the event of the termination of this Agreement by the Client pursuant to Clause 14.2 (Termination for Convenience), the Client shall pay to Exult Supplier the Early Termination Payment [***]* of an invoice together with copies of all relevant accounts and records on which the calculations are based to demonstrate that the amount has been properly calculated in accordance with the methodology in Schedule C.
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TERMINATION FOR CONVENIENCE PAYMENT. If GS terminates for convenience pursuant to Section 9.2(i) of the GTC, the “Termination for Convenience Payment” will be an amount equal to the remaining cumulative unpaid Support Fees that would have been paid by GS during the then current Support Services Term had GS not exercised its right to terminate for convenience, which remaining cumulative unpaid Support Fees will be calculated pursuant to the terms of Section 3(b) above and based on the Minimum Tier (Period) in effect at the time of the effective date of such termination.
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TERMINATION FOR CONVENIENCE PAYMENT. Owner may in its sole discretion terminate the Work with or without cause at any time by giving prior Notice of termination to Contractor, to be effective upon the receipt of such Notice by Contractor or upon such later termination date specifically identified by Owner therein; provided, however, that Owner shall not terminate the Work for the sole purpose of substituting a replacement contractor. Subject to the limitations of Section 31.4, if this Agreement is terminated pursuant to this Section 20.1 on or after the date hereof, as compensation for the Work performed through the effective date of termination, subject to reductions as set in this paragraph below, Owner shall pay to Contractor an amount equal to the sum of (a) portions of the Contract Price for the Work performed up to the effective date of termination (including any bonuses earned and payable to Contractor pursuant to Section 5.5.1 or 5.5.2), and, to the extent not already incorporated in the Contract Price pursuant to an approved Change in Work Form, amounts associated with Exhibits B and I); plus (b) Contractor’s reasonable incurred out-of-pocket- costs of demobilization (as evidenced by reasonable supporting documentation); plus (c) an amount equal to the sum of the amount set forth on the Cancellation Cost Schedule corresponding to the month in which such termination occurs plus any taxes to be paid by Owner pursuant to this Agreement, to the extent any portion of such amount has not already been incorporated under subsection (a) above; less (d) any amounts previously paid to Contractor under this Agreement. Owner shall make payments under this Section 20.1 in accordance with Article 6. Upon payment to Contractor, Owner and Contractor shall be released from further obligation or liability hereunder (except for those obligations and liabilities which expressly survive such termination).
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Related to TERMINATION FOR CONVENIENCE PAYMENT

  • Termination for Convenience TIPS may, by written notice to Vendor, terminate this Agreement for convenience, in whole or in part, at any time by giving thirty (30) days’ written notice to Vendor of such termination, and specifying the effective date thereof.

  • Termination Giving Rise to a Termination Payment If there is a Covered Termination by the Executive for Good Reason, or by the Company other than by reason of (i) death, (ii) disability pursuant to Section 11, or (iii) Cause, then the Executive shall be entitled to receive, and the Company shall promptly pay, Accrued Benefits and, in lieu of further base salary for periods following the Termination Date, as liquidated damages and additional severance pay and in consideration of the covenant of the Executive set forth in Section 13(a), the Termination Payment pursuant to Section 8(a).

  • Termination for Non-Payment We may terminate this Agreement with immediate effect by giving written notice to you if you fail to pay any amount due under this Agreement on the due date for payment and remain in default not less than thirty

  • Early Termination of Agreement (a) The City and the Contractor, by mutual written agreement, may terminate this Agreement at any time.

  • Early Termination of Agreement Breach of Agreement (a) The Corporate Taxpayer may terminate this Agreement with respect to all amounts payable to the TRA Parties and with respect to all of the Units held by the TRA Parties at any time by paying to each TRA Party the Early Termination Payment in respect of such TRA Party; provided, however, that this Agreement shall only terminate upon the receipt of the Early Termination Payment by all TRA Parties, and provided, further, that the Corporate Taxpayer may withdraw any notice to execute its termination rights under this Section 4.1(a) prior to the time at which any Early Termination Payment has been paid. Upon payment of the Early Termination Payment by the Corporate Taxpayer, none of the TRA Parties or the Corporate Taxpayer shall have any further payment obligations under this Agreement, other than for any (a) Tax Benefit Payments due and payable and that remain unpaid as of the Early Termination Notice and (b) Tax Benefit Payment due for the Taxable Year ending with or including the date of the Early Termination Notice (except to the extent that the amount described in clause (b) is included in the Early Termination Payment). If an Exchange occurs after the Corporate Taxpayer makes all of the required Early Termination Payments, the Corporate Taxpayer shall have no obligations under this Agreement with respect to such Exchange.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

  • Termination for Nonpayment In the event of the nonpayment of fees owed to DSI, DSI shall provide written notice of delinquency to all parties to this Agreement. Any party to this Agreement shall have the right to make the payment to DSI to cure the default. If the past due payment is not received in full by DSI within one month of the date of such notice, then DSI shall have the right to terminate this Agreement at any time thereafter by sending written notice of termination to all parties. DSI shall have no obligation to take any action under this Agreement so long as any payment due to DSI remains unpaid.

  • Termination on Notice The Province may terminate the Agreement at any time without liability, penalty, or costs upon giving at least 30 days’ Notice to the Recipient.

  • Termination of Benefits Except as provided in Section 2 above or as may be required by law, Executive’s participation in all employee benefit (pension and welfare) and compensation plans of the Company shall cease as of the Termination Date. Nothing contained herein shall limit or otherwise impair Executive’s right to receive pension or similar benefit payments that are vested as of the Termination Date under any applicable tax-qualified pension or other plans, pursuant to the terms of the applicable plan.

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