Termination for Convenience (“TFC”). The City may terminate this Agreement without cause, at any time upon 30 days written notice to University. Upon receipt of notification, University must proceed in an orderly fashion to limit or terminate any outstanding commitments to which it is legally obligated, and/or to conclude the Work due at the time of termination. The City shall reimburse University for all costs and obligations incurred in performance of the Work prior to termination. University may terminate performance if circumstances beyond its control preclude the continuation of the Work. If University terminates, University must reimburse the City all unexpended funds, except for those funds needed to pay for legally binding obligations and costs incurred.
Appears in 8 contracts
Samples: Agreement to Support the Triangle Regional Model Development, Agreement to Support the Triangle Regional Model Development, Agreement to Support the Triangle Regional Model Development
