Mutual Termination for Convenience Clause Samples
The Mutual Termination for Convenience clause allows either party to end the agreement at any time without needing to provide a specific reason. Typically, this clause outlines the process for giving notice—such as requiring written notification and specifying a notice period—before the termination becomes effective. Its core function is to provide both parties with flexibility and an exit option, reducing the risk of being locked into an unfavorable or unnecessary contract.
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Mutual Termination for Convenience. The CONTRACTOR and the DISTRICT may mutually agree in writing to terminate this Contract for convenience. The CONTRACTOR shall receive payment for all Work performed to the date of termination in accordance with the provisions of Termination For Convenience.
Mutual Termination for Convenience. Subject to the limitations in this Section 5.4, either party may terminate this Agreement, for any or no reason, on thirty (30) days’ advance written notice to the non-terminating party; provided, however, that termination for convenience under this Section is only available to Client for month-to-month Services Periods, and not for any prepaid annual or multi-year Services Periods or Renewal Periods (for which all Access Fees are paid in advance). In addition, without the Company’s written consent, any month-to-month Services Period may not be terminated by the Client pursuant to this Section during the first ninety (90) days following the Effective Date.
Mutual Termination for Convenience. BOCC and Contractor may terminate this Agreement, without cause and for convenience, upon thirty (30) days written notice to the non-terminating party. Upon such termination, Contractor shall be entitled to compensation for services performed prior to the date of termination.
Mutual Termination for Convenience. WBSDC or Line Department may, at any time, terminate the Contract and inform the other party about the same by 30 days prior notice to that effect. In the event of the Contract being so terminated, both WBSDC and Line Department shall take such steps as are necessary to bring the Services to an end, (including terminating any sub-contracts etc.) in a cost effective, timely and orderly manner. Line Department/WBSDC may terminate this Agreement if:
A. Any party, either directly or through their employees or agents or sub-contractors commits any breach of their obligations hereunder.
B. Any party, either directly or through their employees, violates the confidentiality of the information of WBSDC/ Line Department or divulges any documents, data, or other information for its own benefit, without the written permission of the other party. Refer 3.1
Mutual Termination for Convenience. Each party may terminate these Logistics Terms without cause by giving the other party not less than sixty (60) days’ written notice.
Mutual Termination for Convenience. This Agreement may be terminated at any time and for any reason by mutual agreement upon receipt of 180 days’ written notice delivered by either Party to the other Party (with a copy to the SPV).
Mutual Termination for Convenience. Either party may terminate this agreement at any time for convenience by providing the other party (60) days written notification of termination.