Common use of TERMINATION - NO FAULT Clause in Contracts

TERMINATION - NO FAULT. i. In the event that this Contract is terminated by the Owner, prior to the completion of construction and termination is not based on a reason listed in Paragraph 2.12.1, the Contractor shall be compensated for its costs incurred on the Project, including reasonable costs of de-mobilization, covering the period of time between the last approved application for payment and the date of termination.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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