Payment In Case Of Termination or Suspension of Project. 1) If this Contract for Professional Services is terminated by DASNY pursuant to Paragraph 7A above, no further payment shall be made to the CONSULTANT until completion of the Project. At such time, the CONSULTANT’s compensation shall, at DASNY’s option, be calculated (i) subject to the last sentence of this Subparagraph, on the basis of services actually performed and approved by DASNY and expenses actually incurred from the date of the last approved Professional Services Contract Payment Requisition up to the effective termination date; or (ii) on the basis of the payment terms set forth elsewhere herein. In either case, the CONSULTANT’s compensation shall be reduced by all costs and damages incurred by DASNY as a result of the default of the CONSULTANT.
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Samples: Contract, www.dasny.org
Payment In Case Of Termination or Suspension of Project. 1) . If this Contract for Professional Services is terminated by DASNY the OWNER pursuant to Paragraph 7A above, no further payment shall be made to the CONSULTANT until completion of the Project. At such time, the CONSULTANT’s ’S compensation shall, at DASNY’s the OWNER’S option, be calculated (i) subject to the last sentence of this Subparagraph, on the basis of services actually performed and approved by DASNY the OWNER and expenses actually incurred from the date of the last approved Professional Services Contract Payment Requisition up to the effective termination date; or (ii) on the basis of the payment terms set forth elsewhere herein. In either case, the CONSULTANT’s ’S compensation shall be reduced by all costs and damages incurred by DASNY the Owner as a result of the default of the CONSULTANT.
Appears in 2 contracts
Samples: www.dasny.org, www.dasny.org
Payment In Case Of Termination or Suspension of Project. 1) . If this Contract for Professional Services is terminated by DASNY the OWNER pursuant to Paragraph 7A above, no further payment shall be made to the CONSULTANT until completion of the Project. At such time, the CONSULTANT’s ’S compensation shall, at DASNY’s the OWNER’S option, be calculated (i) subject to the last sentence of this Subparagraph, on the basis of services actually performed and approved by DASNY the OWNER and expenses actually incurred from the date of the last approved Professional Services Contract Payment Requisition up to the effective termination date; or (ii) on the basis of the payment terms set forth elsewhere herein. In either case, the CONSULTANT’s ’S compensation shall be reduced by all costs and damages incurred by DASNY the OWNER as a result of the default of the CONSULTANT.
Appears in 1 contract
Samples: www.dasny.org
Payment In Case Of Termination or Suspension of Project. 1) . If this Contract for Professional Services is terminated by DASNY the OWNER pursuant to Paragraph 7A above, no further payment shall be made to the CONSULTANT until completion of the Project. At such time, the CONSULTANT’s ’S compensation shall, at DASNYthe OWNER’s option, be calculated (i) subject to the last sentence of this Subparagraph, on the basis of services actually performed and approved by DASNY the OWNER and expenses actually incurred from the date of the last approved Professional Services Contract Payment Requisition up to the effective termination date; or (ii) on the basis of the payment terms set forth elsewhere herein. In either case, the CONSULTANT’s ’S compensation shall be reduced by all costs and damages incurred by DASNY the OWNER as a result of the default of the CONSULTANT.
Appears in 1 contract
Samples: www.dasny.org
Payment In Case Of Termination or Suspension of Project. 1) i. If this Contract for Professional Services is terminated by DASNY the OWNER pursuant to Paragraph 7A above, no further payment shall be made to the CONSULTANT until completion of the Projectwork. At such time, the CONSULTANT’s compensation shall, at DASNYthe OWNER’s option, be calculated (i) subject to the last sentence of this Subparagraph, on the basis of services actually performed and approved by DASNY the OWNER and expenses actually incurred from the date of the last approved Professional Services Contract Payment Requisition payment up to the effective termination date; or (ii) on the basis of the payment terms set forth elsewhere herein. In either case, the CONSULTANT’s compensation shall be reduced by all costs and damages incurred by DASNY the OWNER as a result of the default of the CONSULTANT.
Appears in 1 contract
Samples: www.dasny.org
Payment In Case Of Termination or Suspension of Project. 1) . If this Contract for Professional Services is terminated by DASNY the OWNER pursuant to Paragraph 7A above, no further payment shall be made to the CONSULTANT until completion of the Projectwork. At such time, the CONSULTANT’s compensation shall, at DASNYthe OWNER’s option, be calculated (i) subject to the last sentence of this Subparagraph, on the basis of services actually performed and approved by DASNY the OWNER and expenses actually incurred from the date of the last approved Professional Services Contract Payment Requisition payment up to the effective termination date; or (ii) on the basis of the payment terms set forth elsewhere herein. In either case, the CONSULTANT’s compensation shall be reduced by all costs and damages incurred by DASNY the OWNER as a result of the default of the CONSULTANT.
Appears in 1 contract
Samples: www.dasny.org
Payment In Case Of Termination or Suspension of Project. 1) If this Contract for Professional Services is terminated by DASNY pursuant to Paragraph 7A above, no further payment shall be made to the CONSULTANT until completion of the Project. At such time, the CONSULTANT’s compensation shall, at DASNY’s option, be calculated (i) subject to the last sentence of this Subparagraph, on the basis of services actually performed and approved by DASNY and expenses actually incurred from the date of the last approved Professional Services Contract Payment Requisition up to the effective termination date; or (ii) on the basis of the payment terms set forth elsewhere herein. In either case, the CONSULTANT’s compensation shall be reduced by all costs and damages incurred by DASNY XXXXX as a result of the default of the CONSULTANT.
Appears in 1 contract
Samples: Contract