Common use of Termination or Suspension for Convenience Clause in Contracts

Termination or Suspension for Convenience. Purchaser may, at any time without cause and for its own convenience, terminate or suspend the Agreement, or from time to time, cancel any portion of the Work (and Purchaser’s corresponding obligations) by giving Supplier written notice. Upon receiving a notice of termination, suspension or cancellation and (except as otherwise directed by Purchaser) Supplier shall: (1) stop all efforts under the Agreement related to the affected Work; and (2) place no further orders or subcontracts related to the affected Work; and (3) take all actions necessary (or as directed by Purchaser) to protect and preserve the Work; and (4) Supplier shall return all equipment, supplies, identification cards, etc. to Purchaser (collectively “Cessation Actions”). Purchaser shall pay Supplier its actual, necessary, reasonable, and verifiable expenses as a direct consequence of such termination, suspension, or cancellation. Supplier shall furnish all necessary documentation to substantiate such expenses to Purchaser's satisfaction. Purchaser shall be entitled to the Work for which Purchaser has paid or, at Purchaser's option, Supplier shall attempt to liquidate the same, and Purchaser shall be entitled to the benefits of any value received. Supplier shall make every reasonable effort to mitigate costs. Purchaser shall not be liable for lost profit, anticipated profit or unabsorbed indirect costs or overhead on the terminated or cancelled Work. Purchaser's liability for termination expenses shall not exceed, in any event, the unpaid balance of the contract price. The compensation described in this Article 11(B) shall be Supplier’s sole and exclusive compensation and remedy if the Agreement is terminated, suspended or cancelled for convenience.

Termination or Suspension for Convenience. Purchaser may, at any time without cause and for its own convenience, terminate or suspend the Agreement, or from time to time, cancel any portion of the Work (and Purchaser’s corresponding obligations) by giving Supplier Consultant written notice. Upon receiving a notice of termination, suspension or cancellation and (except as otherwise directed by Purchaser) Supplier Consultant shall: : (1) stop all efforts under the Agreement related to the affected Work; and (2) place no further orders or subcontracts related to the affected Work; and (3) take all actions necessary (or as directed by Purchaser) to protect and preserve the Work; and (4) Supplier Consultant shall return all equipment, supplies, identification cards, etc. to Purchaser (collectively “Cessation Actions”). Purchaser shall pay Supplier Consultant its actual, necessary, reasonable, reasonable and verifiable expenses as a direct consequence of such termination, suspension, or cancellation. Supplier shall furnish all necessary documentation to substantiate such expenses to Purchaser's satisfaction. Purchaser shall be entitled to the Work for which Purchaser has paid or, at Purchaser's option, Supplier Consultant shall attempt to liquidate the same, and Purchaser shall be entitled to the benefits of any value received. Supplier Consultant shall make every reasonable effort to mitigate costs. Purchaser shall not be liable for lost profit, anticipated profit or unabsorbed indirect costs or overhead on the terminated or cancelled Work. Purchaser's liability for termination expenses shall not exceed, in any event, the unpaid balance of the contract price. The compensation described in this Article 11(B) shall be SupplierConsultant’s sole and exclusive compensation and remedy if the Agreement is terminated, suspended or cancelled for convenience.

Termination or Suspension for Convenience. Purchaser may, at any time without cause and for its own convenience, terminate or suspend the Agreement, or from time to time, cancel any portion of the Work (and Purchaser’s corresponding obligations) by giving Supplier written notice. Upon receiving a notice of termination, suspension or cancellation and (except as otherwise directed by Purchaser) Supplier shall: (1) stop all efforts under the Agreement related to the affected Work; and (2) place no further orders or subcontracts related to the affected Work; and (3) take all actions necessary (or as directed by Purchaser) to protect and preserve the Work; and (4) Supplier shall return all equipment, supplies, identification cards, etc. to Purchaser (collectively “Cessation Actions”). Purchaser shall pay Supplier its actual, necessary, reasonable, and verifiable expenses as a direct consequence of such termination, suspension, or cancellation. Supplier shall furnish all necessary documentation to substantiate such expenses to Purchaser's satisfaction. Purchaser shall be entitled to the Work for which Purchaser has paid or, at Purchaser's option, Supplier shall attempt to liquidate the same, and Purchaser shall be entitled to the benefits of any value received. Supplier shall make every reasonable effort to mitigate costs. Purchaser shall not be liable for lost profit, anticipated profit or unabsorbed indirect costs or overhead on the terminated or cancelled Work. Purchaser's liability for termination expenses shall not exceed, in any event, the unpaid balance of the contract price. The compensation described in this Article 11(B12(B) shall be Supplier’s sole and exclusive compensation and remedy if the Agreement is terminated, suspended or cancelled for convenience.

Termination or Suspension for Convenience. Purchaser may, at any time without cause and for its own convenience, terminate or suspend the Agreement, or from time to time, cancel any portion of the Work (and Purchaser’s corresponding obligations) by giving Supplier Consultant written notice. Upon receiving a notice of termination, suspension or cancellation and (except as otherwise directed by PurchaserXxxxxxxxx) Supplier Consultant shall: : (1) stop all efforts under the Agreement related to the affected Work; and (2) place no further orders or subcontracts related to the affected Work; and (3) take all actions necessary (or as directed by Purchaser) to protect and preserve the Work; and (4) Supplier Consultant shall return all equipment, supplies, identification cards, etc. to Purchaser (collectively “Cessation Actions”). Purchaser shall pay Supplier Consultant its actual, necessary, reasonable, reasonable and verifiable expenses as a direct consequence of such termination, suspension, or cancellation. Supplier shall furnish all necessary documentation to substantiate such expenses to Purchaser's satisfaction. Purchaser shall be entitled to the Work for which Purchaser has paid or, at Purchaser's option, Supplier Consultant shall attempt to liquidate the same, and Purchaser shall be entitled to the benefits of any value received. Supplier Consultant shall make every reasonable effort to mitigate costs. Purchaser shall not be liable for lost profit, anticipated profit or unabsorbed indirect costs or overhead on the terminated or cancelled Work. Purchaser's liability for termination expenses shall not exceed, in any event, the unpaid balance of the contract price. The compensation described in this Article 11(B) shall be SupplierConsultant’s sole and exclusive compensation and remedy if the Agreement is terminated, suspended or cancelled for convenience.