Common use of Verification of the Termination Payment Clause in Contracts

Verification of the Termination Payment. Contractor shall, within sixty (60) days of any such termination of all or part of the Services, make available for review by Owner and the independent accounting firm referred to in clause (4) of Section 4.4(a) hereof all invoices and other documentation as are sufficient to enable Owner to verify the performance of the Services and such accounting firm to verify Contractor's costs associated therewith, in order to determine the amount of the Termination Payment due thereunder. The Termination Payment shall not include the costs of future anticipated profit.

Appears in 3 contracts

Samples: Agreement (Aes Ironwood LLC), Agreement (Aes Ironwood LLC), Agreement (Aes Ironwood LLC)

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Verification of the Termination Payment. Contractor shall, within sixty (60) days of any such termination of all or part of the Services, make available for review by Owner and the independent accounting firm referred to in clause (4) of Section 4.4(a) hereof all invoices and other documentation as are reasonable and sufficient to enable Owner to verify the performance of the Services and such accounting firm to verify Contractor's costs associated therewith, in order to determine the amount of the Termination Payment due thereunder. The Termination Payment shall not include the costs of future anticipated profit.

Appears in 1 contract

Samples: And Construction Services (Aes Red Oak LLC)

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