Common use of Termination for Owner's Convenience Clause in Contracts

Termination for Owner's Convenience. (a) Owner may, upon written notice to Contractor, at any time, terminate the Work, in whole or in part, in accordance with the terms set forth below, and Contractor shall immediately cease the Work in the manner and to the extent specified below, provided Owner is not in default under this Contract, and further provided Owner does not award to another Contractor all or a portion of the Work terminated under this Article 26.1 (Termination for Owner's Convenience) within one (1) year after such termination.

Termination for Owner's Convenience. (a) Owner may23.1 The Owner, upon by written notice sent to the Contractor, at any time, may terminate the WorkAgreement, in whole or in part, in accordance with at any time for its convenience. The notice of termination shall specify that termination is for the terms set forth belowOwner’s convenience, the extent to which performance of the Contractor under the Agreement is terminated, and Contractor shall immediately cease the Work in the manner and to the extent specified below, provided Owner is not in default under this Contract, and further provided Owner does not award to another Contractor all or a portion of the Work terminated under this Article 26.1 (Termination for Owner's Convenience) within one (1) year after dateupon which such terminationtermination becomes effective.