Common use of Termination of Contractor for Convenience Clause in Contracts

Termination of Contractor for Convenience. 44.5.1. Judicial Council in its sole discretion may terminate the Contract, or any Service Work Order, upon three (3) days written notice to the Contractor. Under a termination for convenience, the Judicial Council retains the right to all the options available to the Judicial Council if there is a termination for cause. In case of a termination for convenience, Contractor shall have no claims against the Judicial Council except: 44.5.1.1. The actual cost for labor, materials, and services performed that is unpaid and can be documented through timesheets, invoices, receipts, or otherwise; and 44.5.1.2. Five percent (5%) of the total cost of work performed as of the date of termination, or five percent (5%) of the value of the Work yet to be performed, whichever is less. This five percent (5%) amount shall be full compensation for all Contractor's and its Subcontractor(s)’ mobilization and/or demobilization costs and any anticipated lost profits resulting from termination of the Contractor for convenience for the Service Work Order.

Appears in 6 contracts

Samples: Master Contract for Plumbing Construction Services, Master Contract for Plumbing Construction Services, Master Contract for Mechanical Construction Services

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Termination of Contractor for Convenience. 44.5.1. Judicial Council in its sole discretion may terminate the Contract, or any Service Work Order, upon three (3) days written notice to the Contractor. Under a termination for convenience, the Judicial Council retains the right to all the options available to the Judicial Council if there is a termination for cause. In case of a termination for convenience, Contractor shall have no claims against the Judicial Council except: 44.5.1.1. : The actual cost for labor, materials, and services performed that is unpaid and can be documented through timesheets, invoices, receipts, or otherwise; and 44.5.1.2. and Five percent (5%) of the total cost of work performed as of the date of termination, or five percent (5%) of the value of the Work yet to be performed, whichever is less. This five percent (5%) amount shall be full compensation for all Contractor's and its Subcontractor(s)’ mobilization and/or demobilization costs and any anticipated lost profits resulting from termination of the Contractor for convenience for the Service Work Order.

Appears in 1 contract

Samples: Master Contract for Electrical Construction Services

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