Common use of Termination Prior to Establishing Guaranteed Maximum Price Clause in Contracts

Termination Prior to Establishing Guaranteed Maximum Price. 11.3.1 Prior to the execution of the GMP Proposal, County may terminate this Contract upon not less than seven (7) calendar days written notice to XXXX for County's convenience and without cause, and XXXX may terminate this Contract, upon not less than seven (7) calendar days written notice to County, for the reasons set forth in the UGCs. 11.3.2 In the event of termination of this Contract pursuant to Paragraph 11.3.1, XXXX shall be equitably compensated for Preconstruction Phase services based on the services actually performed in relation to the payment schedule set forth in Paragraph 6.2.1. In no event shall XXXX'x compensation under this Article exceed the compensation set forth in Section 6.2. 11.3.3 If County terminates this Contract pursuant to Paragraph 11.3.1 after the commencement of the Construction Phase but prior to the execution of the GMP Proposal, County shall pay to XXXX an amount calculated as follows, which amount shall be in addition to any compensation paid to XXXX under Paragraph 11.3.2: .1 Take the Cost of the Work incurred by XXXX to the date of termination;

Termination Prior to Establishing Guaranteed Maximum Price. 11.3.1 12.1.1 Prior to the execution of the GMP Proposal, County may terminate this Contract upon not less than seven (7) calendar days written notice to XXXX for County's Countyʹs convenience and without cause, and XXXX may terminate this Contract, upon not less than seven (7) calendar days written notice to County, for the reasons set forth in the UGCs. 11.3.2 12.1.2 In the event of termination of this Contract pursuant to Paragraph 11.3.112.1.1, XXXX shall be equitably compensated for Preconstruction Phase services based on the services actually performed in relation to the payment schedule set forth in Paragraph 6.2.1Section 4.1.1. In no event shall XXXX'x CMARʹs compensation under this Article 12 exceed the compensation set forth in Section 6.24.1. 11.3.3 12.1.3 If County terminates this Contract pursuant to Paragraph 11.3.1 12.1.1 after the commencement of the Construction Phase but prior to the execution of the GMP Proposal, County shall pay to XXXX an amount calculated as follows, which amount shall be in addition to any compensation paid to XXXX under Paragraph 11.3.2: .1 Take the Cost of the Work incurred by XXXX to the date of termination;12.1.2:

Termination Prior to Establishing Guaranteed Maximum Price. 11.3.1 Prior to the execution of the GMP Proposal, County may terminate this Contract upon not less than seven (7) calendar days written notice to XXXX for County's convenience and without cause, and XXXX may terminate this Contract, upon not less than seven (7) calendar days written notice to County, for the reasons set forth in the UGCs. 11.3.2 In the event of termination of this Contract pursuant to Paragraph 11.3.1, XXXX shall be equitably compensated for Preconstruction Phase services based on the services actually performed in relation to the payment schedule set forth in Paragraph 6.2.1. In no event shall XXXX'x compensation under this Article exceed the compensation set forth in Section 6.2. 11.3.3 If County terminates this Contract pursuant to Paragraph 11.3.1 after the commencement of the Construction Phase but prior to the execution of the GMP Proposal, County shall pay to XXXX an amount calculated as follows, which amount shall be in addition to any compensation paid to XXXX under Paragraph 11.3.2: .1 Take the Cost of the Work incurred by XXXX CMAR to the date of termination;

Termination Prior to Establishing Guaranteed Maximum Price. 11.3.1 12.1.1 Prior to the execution of the GMP Proposal, County may terminate this Contract upon not less than seven (7) calendar days written notice to XXXX for County's convenience and without cause, and XXXX may terminate this Contract, upon not less than seven (7) calendar days written notice to County, for the reasons set forth in the UGCs. 11.3.2 12.1.2 In the event of termination of this Contract pursuant to Paragraph 11.3.112.1.1, XXXX shall be equitably compensated for Preconstruction Phase services based on the services actually performed in relation to the payment schedule set forth in Paragraph 6.2.1Section 4.1.1. In no event shall XXXX'x compensation under this Article 12 exceed the compensation set forth in Section 6.24.1. 11.3.3 12.1.3 If County terminates this Contract pursuant to Paragraph 11.3.1 12.1.1 after the commencement of the Construction Phase but prior to the execution of the GMP Proposal, County shall pay to XXXX an amount calculated as follows, which amount shall be in addition to any compensation paid to XXXX under Paragraph 11.3.212.1.2: .1 Take the Cost of the Work incurred by XXXX to the date of termination;