Common use of Termination for Purchaser’s Convenience Clause in Contracts

Termination for Purchaser’s Convenience. 29.1.1 The Purchaser may at any time terminate the Contract for any reason by giving the Supplier a notice of termination that refers to this GCC Clause 29.1. 29.1.2 Upon receipt of the notice of termination under GCC Clause 29.1.1, the Supplier shall either as soon as reasonably practical or upon the date specified in the notice of termination: (a) cease all further work, except for such work as the Purchaser may specify in the notice of termination for the sole purpose of protecting that part of the System already executed, or any work required to leave the site in a clean and safe condition; (b) remove all Supplier’s equipment from the site, repatriate the Supplier’s and its Subcontractor’s personnel from the site, remove from the site any wreckage, rubbish, and debris of any kind; (c) in addition, the Supplier shall: (i) deliver to the Purchaser the parts of the System executed by the Supplier up to the date of termination; (ii) to the extent legally possible, assign to the Purchaser all right, title, and benefit of the Supplier to the system, as at the date of termination, and as may be required by the Purchaser, in any subcontracts concluded between the Supplier and its Subcontractors; (iii) deliver to the Purchaser all non proprietary drawings, specifications, and other documents prepared by the Supplier or its Subcontractors as of the date of termination in connection with the System. 29.1.3 In the event of termination of the Contract under GCC Clause 29.1.1, the Purchaser shall pay to the Supplier the following amounts: (a) the Contract Price, properly attributable to the parts of the System executed by the Supplier as of the date of termination; (b) the costs reasonably incurred by the Supplier in the removing of the Supplier’s personnel and Equipment from the site. (c) costs incurred by the Supplier in protecting the System and leaving the site in a clean and safe condition pursuant to GCC Clause 29.1.2 (a); and (d) the costs of satisfying all obligations, commitments and claims that the Supplier may in good faith have undertaken with third parties in connection with the Contract and that are not covered by Paragraphs 29.1.3 (a) through (d) above.

Appears in 4 contracts

Samples: Contract for the Acquisition and Implementation of a Sector Benchmarking and Datamining, Supply, Installation, Training and Maintenance Agreement, Supply, Installation, Training and Maintenance Agreement

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Termination for Purchaser’s Convenience. 29.1.1 41.1.1 The Purchaser may at any time terminate the Contract for any reason by giving the Supplier a notice of termination that refers to this GCC Clause 29.141.1. 29.1.2 41.1.2 Upon receipt of the notice of termination under GCC Clause 29.1.141.1.1, the Supplier shall either as soon as reasonably practical or upon the date specified in the notice of termination: (a) cease all further work, except for such work as the Purchaser may specify in the notice of termination for the sole purpose of protecting that part of the System already executed, or any work required to leave the site in a clean and and- safe condition; (b) terminate all subcontracts, except those to be assigned to the Purchaser pursuant to GCC Clause 41.1.2 (d) (ii) below; (c) remove all Supplier’s equipment Equipment from the site, repatriate the Supplier’s and its Subcontractor’s Subcontractors’ personnel from the site, remove from the site any wreckage, rubbish, and debris of any kind; (cd) in addition, the Supplier Supplier, subject to the payment specified in GCC Clause 41.1.3, shall: (i) deliver to the Purchaser the parts of the System executed by the Supplier up to the date of termination; (ii) to the extent legally possible, assign to the Purchaser all right, title, and benefit of the Supplier to the systemSystem, or Subsystem, as at the date of termination, and and, as may be required by the Purchaser, in any subcontracts concluded between the Supplier and its Subcontractors; (iii) deliver to the Purchaser all non proprietary nonproprietary drawings, specifications, and other documents prepared by the Supplier or its Subcontractors as of the date of termination in connection with the System. 29.1.3 41.1.3 In the event of termination of the Contract under GCC Clause 29.1.141.1.1, the Purchaser shall pay to the Supplier the following amounts: (a) the Contract Price, properly attributable to the parts of the System executed by the Supplier as of the date of termination; (b) the costs reasonably incurred by the Supplier in the removing removal of the Supplier’s personnel and Equipment from the site.site and in the repatriation of the Supplier’s and its Subcontractors’ personnel; (c) any amount to be paid by the Supplier to its Subcontractors in connection with the termination of any subcontracts, including (d) any cancellation charges; (e) costs incurred by the Supplier in protecting the System and leaving the site in a clean and safe condition pursuant to GCC Clause 29.1.2 41.1.2 (a); and (df) the costs cost of satisfying all other obligations, commitments commitments, and claims that the - Supplier may in good faith have undertaken with third parties in connection with the Contract and that are not covered by Paragraphs 29.1.3 GCC Clauses 41.1.3 (a) through -through (d) above.

Appears in 2 contracts

Samples: Build, Operate and Transfer (Bot) Agreement (On Track Innovations LTD), Build, Operate and Transfer (Bot) Agreement (On Track Innovations LTD)

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Termination for Purchaser’s Convenience. 29.1.1 The Purchaser may at any time terminate the Contract for any reason by giving the Supplier a notice of termination that refers to this GCC Clause 29.1. 29.1.2 Upon receipt of the notice of termination under GCC Clause 29.1.1, the Supplier shall either as soon as reasonably practical or upon the date specified in the notice of termination: (a) cease all further work, except for such work as the Purchaser may specify in the notice of termination for the sole purpose of protecting that part of the System already executed, or any work required to leave the site in a clean and safe condition; (b) remove all Supplier’s equipment from the site, repatriate the Supplier’s and its Subcontractor’s personnel from the site, remove from the site any wreckage, rubbish, and debris of any kind; (c) in addition, the Supplier shall: (i) deliver to the Purchaser the parts of the System executed by the Supplier up to the date of termination; (ii) to the extent legally possible, assign to the Purchaser all right, title, and benefit of the Supplier to the system, as at the date of termination, and as may be required by the Purchaser, in any subcontracts concluded between the Supplier and its Subcontractors; (iii) deliver to the Purchaser all non non-proprietary drawings, specifications, and other documents prepared by the Supplier or its Subcontractors as of the date of termination in connection with the System. 29.1.3 In the event of termination of the Contract under GCC Clause 29.1.1, the Purchaser shall pay to the Supplier the following amounts: (a) the Contract Price, properly attributable to the parts of the System executed by the Supplier as of the date of termination; (b) the costs reasonably incurred by the Supplier in the removing of the Supplier’s personnel and Equipment from the site. (c) costs incurred by the Supplier in protecting the System and leaving the site in a clean and safe condition pursuant to GCC Clause 29.1.2 (a); and (d) the costs of satisfying all obligations, commitments and claims that the Supplier may in good faith have undertaken with third parties in connection with the Contract and that are not covered by Paragraphs 29.1.3 (a) through (d) above.

Appears in 1 contract

Samples: Contract for the Acquisition and Implementation of an Enhanced Financial Analyzer System

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