Common use of Termination for Material Conflict Clause in Contracts

Termination for Material Conflict. If in the sole and absolute discretion of HCD a material conflict of interest exists that in HCD’s opinion would negatively impact or call into question the performance of Contractor's duties under this Agreement, or that would give rise to the appearance of a material conflict of interest on the part of Contractor, HCD may elect to terminate this Agreement upon written notice to Contractor. Such termination shall be effective upon the receipt of such notice by Contractor.

Termination for Material Conflict. If in the sole and absolute discretion of HCD a material conflict of interest exists that in HCD’s opinion would negatively impact or call into question the performance of Contractor's duties under this Agreementthe Contract, or that would give rise to the appearance of a material conflict of interest on the part of Contractor, HCD may elect to terminate this Agreement the Contract upon written notice to Contractor. Such termination shall be effective upon the receipt of such notice by Contractor.