Common use of Cancellation/Termination Clause in Contracts

Cancellation/Termination. 14.1 Company may cancel all or part of the Contract for its convenience by written notice. If Company cancels the Contract for its convenience, Contractor shall be entitled to payment pro-rata for satisfactory performance provided under the Contract prior to the date of cancellation plus any reasonable and documented expenses directly incurred by Contractor in cancelling orders and work in progress. Such payment shall not exceed the Contract value.

Cancellation/Termination. 14.1 13.1 Company may cancel all or part of the Contract for its convenience by written notice. If Company cancels the Contract for its convenience, Contractor shall be entitled to payment pro-rata for satisfactory performance provided under the Contract prior to the date of cancellation plus any reasonable and documented expenses directly incurred by Contractor in cancelling orders and work in progress. Such payment shall not exceed the Contract value.

Cancellation/Termination. 14.1 12.1 Company may cancel all or part of the Contract for its convenience by written notice. If Company cancels the Contract for its convenience, Contractor shall be entitled to payment pro-rata for satisfactory performance provided under the Contract prior to the date of cancellation plus any reasonable and documented expenses directly incurred by Contractor in cancelling orders and work in progress. Such payment shall not exceed the Contract value.