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

Termination Prior to Establishment of the Guaranteed Maximum Price. § 15.1.1 Prior to the execution of the Guaranteed Maximum Price Amendment, the Owner may terminate this Agreement upon not less than seven days’ written notice to the CM/GC for the Owner’s convenience and without cause, and the CM/GC may terminate this Agreement, upon not less than fourteen (14) days’ written notice to the Owner, for the reasons set forth in Section 13.5.1.

Termination Prior to Establishment of the Guaranteed Maximum Price. § 15.1.1 13.1.1 Prior to the execution of the Guaranteed Maximum Price Amendment, the Owner may terminate this Agreement upon not less than seven days’ written notice to the CM/GC for the Owner’s convenience and without cause, and the CM/GC may terminate this Agreement, upon not less than fourteen (14) days’ written notice to the Owner, for the reasons set forth in Section 13.5.1.