Common use of Termination of Use Clause in Contracts

Termination of Use. ‌ The Administration may terminate the use of a Training Ship upon such reasonable notice to the State as the circumstances may permit in the judgment of the Administration. In the event of the termination of the use of a Training Ship by the State or by the Administration, the State shall return, to the State homeport, the Training Ship and all property whatsoever owned by the Administration. Title to all additions, replacements, and renewals made by the State shall vest in the Administration without charge. State owned equipment and consumable property purchased by the State as controlled property, not considered part of the ship’s outfit, remains the property of the State in the event the ship is removed from service as a Training Ship, is transferred or decommissioned. If use of the Training Ship is terminated by the Administration, the Administration may substitute another Training Ship, to the extent permitted by applicable law, so as to optimize its utility to the training program, or may cooperate with the Academy in arranging for training time aboard a substitute vessel and/or commercial vessels for its cadets.

Termination of Use. ‌ The Administration may terminate the use of a Training Ship upon such reasonable notice to the State Academy as the circumstances may permit in the judgment of the Administration. In the event of the termination of the use of a Training Ship by the State Academy or by the Administration, the State Academy shall return, to the State Academy homeport, the Training Ship and all property whatsoever owned by the Administration. Title to all additions, replacements, and renewals made by the State Academy shall vest in the Administration without charge. State Academy owned equipment and consumable property purchased by the State Academy as controlled property, not considered part of the ship’s outfit, remains the property of the State Academy in the event the ship is removed from service as a Training Ship, is transferred or decommissioned. If use of the Training Ship is terminated by the Administration, the Administration may substitute another Training Ship, to the extent permitted by applicable law, so as to optimize its utility to the training program, or may cooperate with the Academy in arranging for training time aboard a substitute vessel and/or commercial vessels for its cadets.

Termination of Use. ‌ The Administration may terminate the use of a Training Ship upon such reasonable notice to the State Academy as the circumstances may permit in the judgment of the Administration. In the event of the termination of the use of a Training Ship by the State Academy or by the Administration, the State Academy shall return, to the State Academy homeport, the Training Ship and all property whatsoever owned by the Administration. Title to all additions, replacements, and renewals made by the State Academy shall vest in the Administration without charge. State owned equipment and consumable property purchased by the State Academy as controlled property, not considered part of the ship’s outfit, remains shall remain the property of the State Academy in the event the ship is removed from service as a Training Ship, is transferred or decommissioned. If use of the Training Ship is terminated by the Administration, the Administration may substitute another Training Ship, to the extent permitted by applicable law, so as to optimize its utility to the training program, or may cooperate with the Academy in arranging for training time aboard a substitute vessel and/or commercial vessels for its cadets.