Common use of Suspension and Termination Clause in Contracts

Suspension and Termination. DISTRICT may, by written notice, direct OCCUPANT to suspend its use of the FACILITY for such period of time as may be determined by DISTRICT to be necessary or desirable. Upon receipt of such termination notice, OCCUPANT shall immediately discontinue use of the FACILITY under this Agreement. Payment for use already completed or in process at the time of the notice of termination is received shall be adjusted between DISTRICT and OCCUPANT in a fair and reasonable manner, but shall exclude any allowance for unperformed use or anticipated profits thereon.

Suspension and Termination. DISTRICT may, by written notice, direct OCCUPANT to suspend its use of the FACILITY for such period of time as may be determined by DISTRICT to be necessary or desirable. Upon receipt of such suspension or termination notice, OCCUPANT shall immediately discontinue use of the FACILITY under this Agreement. Payment for use already completed or in process at the time of the notice of suspension or termination is received shall be adjusted between DISTRICT and OCCUPANT in a fair and reasonable equitable manner, but shall exclude any allowance for the value of any unperformed use or anticipated profits thereon.

Suspension and Termination. DISTRICT may, by written notice, direct require OCCUPANT to suspend or terminate its use of the FACILITY for such period of time as the DISTRICT may be determined by DISTRICT determine to be necessary or desirabledesirable in its sole discretion. Upon receipt of such suspension or termination notice, OCCUPANT shall immediately discontinue use of the FACILITY under this Agreement. Payment for use already completed or in process at the time of the notice of suspension or termination is received sent shall be adjusted between the DISTRICT and OCCUPANT in a fair and reasonable manner, equitable manner but shall exclude any allowance for the value of any unperformed use or anticipated profits revenue thereon.

Suspension and Termination. DISTRICT may, by written notice, direct OCCUPANT to suspend its use of the FACILITY for such period of time as may be determined by DISTRICT to be necessary or desirable. Upon receipt of such suspension or termination notice, OCCUPANT shall immediately discontinue use of the FACILITY under this Agreement. Payment for use already completed or in process at the time of the notice of suspension or termination is received shall be adjusted between DISTRICT and OCCUPANT in a fair and reasonable manner, equitable manner but shall exclude any allowance for the value of any unperformed use or anticipated profits thereon.