Common use of Term; Suspension; Termination Clause in Contracts

Term; Suspension; Termination. a. The term of this Agreement shall be for five (5) years, commencing on the date it is made above. City and Contractor may, upon mutual written agreement of both parties, extend this Agreement for up to two (2) additional one year terms. b. City shall have the right at any time to temporarily suspend Contractor’s performance hereunder, in whole or in part, by giving a written notice of suspension to Contractor. If City gives such notice of suspension, Contractor shall immediately suspend its activities under this Agreement, as specified in such notice. c. City shall have the right to terminate this Agreement for convenience at any time by giving a written notice of termination to Contractor. If City gives such notice of termination, Contractor shall immediately cease rendering services pursuant to this Agreement. If City terminates this Agreement, City shall pay Contractor the reasonable value of services rendered by Contractor prior to termination. In this regard, Contractor shall furnish to City such information as in the judgment of the City is necessary for City to determine the reasonable value of the services rendered by Contractor. City shall not in any manner be liable for lost profits that might have been made by Contractor had the Agreement not been terminated or had Contractor completed the services required by this Agreement.

Term; Suspension; Termination. a. The term of this This Agreement shall be for five (5) years, commencing become effective on the date that it is made above. City made, set forth on the first page of the Agreement, and Contractor mayshall continue in effect until both parties have fully performed their respective obligations under this Agreement, upon mutual written agreement of both parties, extend this Agreement for up to two (2) additional one year termsunless sooner terminated as provided herein. b. City shall have the right at any time to temporarily suspend Contractor▇▇▇▇▇▇▇’s performance hereunder, in whole or in part, by giving a written notice of suspension to ContractorGrantee. If City gives such notice of suspension, Contractor Grantee shall immediately suspend its activities under this Agreement, as specified in such notice. c. City shall have the right to terminate this Agreement for convenience at any time by giving a written notice of termination to ContractorGrantee. If City gives Upon such notice of termination, Contractor Grantee shall immediately cease rendering submit to City an itemized statement of services pursuant to performed as of the date of termination in accordance with Section 2 of this Agreement. If City terminates this Agreement, These services may include both completed work and work in progress at the time of termination. City shall pay Contractor the reasonable value of Grantee for any services rendered by Contractor prior to termination. In this regardfor which compensation is owed; provided, Contractor shall furnish to City such information as in the judgment of the City is necessary for City to determine the reasonable value of the services rendered by Contractor. however, City shall not in any manner be liable for lost profits that might have been made by Contractor Grantee had the Agreement not been terminated or had Contractor Grantee completed the services required by this Agreement. Grantee shall promptly deliver to City all documents related to the performance of this Agreement in its possession or control. All such documents shall be the property of City without additional compensation to Grantee.

Term; Suspension; Termination. a. The term of this Agreement shall be for five (5) years, two years commencing on the date it is made above. City and Contractor may, upon mutual written agreement of both parties, extend this Agreement for up three one-year periods, one two-year period, one three-year period, or any combination not to two (2) additional one year termsexceed a total of three years. b. City shall have the right at any time to temporarily suspend Contractor’s performance hereunder, in whole or in part, by giving a written notice of suspension to Contractor. If City gives such notice of suspension, Contractor shall immediately suspend its activities under this Agreement, as specified in such notice. c. City shall have the right to terminate this Agreement for convenience at any time by giving a written notice of termination to Contractor. If City gives such notice of termination, Contractor shall immediately cease rendering services pursuant to this Agreement. If City terminates this Agreement, City shall pay Contractor the reasonable value of services rendered by Contractor prior to termination. In this regard, Contractor shall furnish to City such information as in the judgment of the City is necessary for City to determine the reasonable value of the services rendered by Contractor. City shall not in any manner be liable for lost profits that might have been made by Contractor had the Agreement not been terminated or had Contractor completed the services required by this Agreement.

Term; Suspension; Termination. a. This Agreement shall become effective on the date that it is made, set forth on the first page of the Agreement, and shall expire on June 30, 2022 unless sooner terminated as provided herein. The term of this the Agreement shall may be extended for five (5) years, commencing on the date it is made above. City and Contractor may, up to two additional one-year terms upon mutual written agreement of both parties, extend this Agreement for up to two (2) additional one year terms. b. City shall have the right at any time to temporarily suspend Contractor’s performance hereunder, in whole or in part, by giving a written notice of suspension to Contractor. If City gives such notice of suspension, Contractor shall immediately suspend its activities under this Agreement, as specified in such notice. c. City shall have the right to terminate this Agreement for convenience at any time by giving a written notice of termination to Contractor. If City gives Upon such notice of termination, Contractor shall immediately cease rendering submit to City an itemized statement of services pursuant to performed as of the date of termination in accordance with Section 2 of this Agreement. If City terminates this Agreement, These services may include both completed work and work in progress at the time of termination. City shall pay Contractor the reasonable value of for any services rendered by Contractor prior to termination. In this regardfor which compensation is owed; provided, Contractor shall furnish to City such information as in the judgment of the City is necessary for City to determine the reasonable value of the services rendered by Contractor. however, City shall not in any manner be liable for lost profits that might have been made by Contractor had the Agreement not been terminated or had Contractor completed the services required by this Agreement. Contractor shall promptly deliver to City all documents related to the performance of this Agreement in its possession or control. All such documents shall be the property of City without additional compensation to Contractor.