Common use of 00 - TERMINATION Clause in Contracts

00 - TERMINATION. 16.01 MBLL may terminate this Contract, without cause, at any time by giving thirty (30) days’ notice in writing to the Contractor. 16.02 In addition to its rights under subsection 16.01, and without restricting any other remedies available, MBLL may, at its sole option, immediately terminate this Contract in writing if: (a) in the opinion of MBLL, the Services provided by the Contractor are unsatisfactory, inadequate, or are improperly performed, or the Contractor has failed to comply with any term or condition of this Contract and such failure continues or such unsatisfactory Services remain unremedied for ten (10) days after the Contractor has been notified by MBLL of such failure; or (b) the Contractor is dissolved or becomes bankrupt or insolvent. 16.03 Upon termination of this Contract, the Contractor shall cease to perform any further work, and shall deliver to MBLL any finished work which has not been delivered and accepted prior to termination, together with any materials and work in progress relating to this Contract. MBLL shall be under no obligation to the Contractor other than to pay, upon receipt of an invoice and supporting documentation satisfactory to MBLL, such compensation as the Contractor may be entitled to receive under this Contract for work completed to the satisfaction of MBLL up to the date of termination. 16.04 If, upon termination of this Contract, there is any equipment that needs to be removed from MBLL’s property, the Contractor shall remove any and all such equipment within 15 days of the date of termination. If such equipment is not removed within that time period, MBLL shall be entitled to remove such equipment and the Contractor shall be responsible for all costs associated with such removal and transport. MBLL will not be liable for any damage or loss related to any removed or returned equipment.

00 - TERMINATION. ‌ 16.01 MBLL may terminate this Contract, without cause, at any time by giving thirty (30) days’ notice in writing to the Contractor. 16.02 In addition to its rights under subsection 16.01, and without restricting any other remedies available, MBLL may, at its sole option, immediately terminate this Contract in writing if: (a) in the opinion of MBLL, the Services provided by the Contractor are unsatisfactory, inadequate, or are improperly performed, or the Contractor has failed to comply with any term or condition of this Contract and such failure continues or such unsatisfactory Services remain unremedied for ten (10) days after the Contractor has been notified by MBLL of such failure; or (b) the Contractor is dissolved or becomes bankrupt or insolvent. 16.03 Upon termination of this Contract, the Contractor shall cease to perform any further work, and shall deliver to MBLL any finished work which has not been delivered and accepted prior to termination, together with any materials and work in progress relating to this Contract. MBLL shall be under no obligation to the Contractor other than to pay, upon receipt of an invoice and supporting documentation satisfactory to MBLL, such compensation as the Contractor may be entitled to receive under this Contract for work completed to the satisfaction of MBLL up to the date of termination. 16.04 If, upon termination of this Contract, there is any equipment that needs to be removed from MBLL’s property, the Contractor shall remove any and all such equipment within 15 fifteen (15) days of the date of termination. If such equipment is not removed within that time period, MBLL shall be entitled to remove such equipment and the Contractor shall be responsible for all costs associated with such removal and transport. MBLL will not be liable for any damage or loss related to any removed or returned equipment.