Termination by the Airport Authority for Convenience. The Airport Authority may terminate this Agreement without cause at any time upon 15 calendar days written notice to the Contractor, and this Agreement will terminate on the date specified in the notice as if that date were the expiration of the Term. If or when this Agreement is terminated, the Airport Authority will pay the Contractor for unpaid fees or expenses accrued prior to the termination date and accepted by the Airport Authority, and will not pay for any Services rendered or expenses incurred by the Contractor after the date of termination. Such fees or expenses shall be provided by the Contractor to the Airport Authority through an itemized invoice for such fees or expenses not more than 30 calendar days following the date of termination. The Airport Authority, upon payment of any approved amounts so invoiced, shall have no further liability or obligation to the Contractor whatsoever for any further fees, expenses or other payment. After receipt of a notice of termination pursuant to this Section, and except as otherwise directed by the Airport Authority, the contractor shall:
Termination by the Airport Authority for Convenience. (1) The Airport Authority may, at any time upon at least seven (7) Calendar Days’ written notice, terminate the employment of the CMR with respect to the Work or any portion thereof. If the Airport Authority terminates the Contract in whole or in part for its convenience, the Airport Authority shall make payment to the CMR for: (i) Work completed in conformance with the Contract requirements prior to termination, including a reasonable fee based on the Work completed; (ii) the CMR’s actual cost of the Work in process and Materials properly transferred to the Airport Authority (which shall be limited to those Materials that CMR cannot use itself or transfer to others); (iii) the CMR’s actual costs of settling claims by Subcontractors or others for actual costs that are rendered unrecoverable by the termination (e.g. standard restocking charges imposed by vendors for accepting Material back, non-refundable security deposits, Materials purchased but not installed which cannot be returned to the vendor or used elsewhere, and termination charges for leased Equipment); provided, however, that the CMR shall use its best efforts to mitigate such penalties or damages; and (iv) the CMR’s other actual direct costs of carrying out the termination, including costs necessarily incurred to protect property in the CMR’s possession in which the Airport Authority has an interest until disposal instructions from the Airport Authority have been received. The Airport Authority’s obligations to the CMR upon termination shall not exceed those the Airport Authority would have had to the CMR in the absence of termination. The Airport Authority may also pay to the CMR fair compensation either by purchase or rental at the election of the Airport Authority for any Equipment retained by the Airport Authority. The CMR shall not receive any fee or profit on account of Work not completed.
Termination by the Airport Authority for Convenience. The Airport Authority may terminate this Agreement without cause at any time upon 15 calendar days written notice to the Contractor, and this Agreement will terminate on the date specified in the notice as if that date were the expiration of the Term. If or when this Agreement is terminated, the Airport Authority will pay the Contractor for unpaid fees or expenses accrued prior to the termination date and accepted by the Airport Authority, and will not pay for any Services rendered or expenses incurred by the Contractor after the date of termination. Such fees or expenses shall be provided by the Contractor to the Airport Authority through an itemized invoice for such fees or expenses not more than 30 calendar days following the date of termination. The Airport Authority, upon payment of any approved amounts so invoiced, shall have no further liability or obligation to the Contractor whatsoever for any further fees, expenses or other payment. After receipt of a notice of termination pursuant to this Section, and except as otherwise directed by the Airport Authority, the contractor shall: stop work under the Agreement on the date and to the extent specified in the Notice of Termination; obligate no additional contract funds for payroll and other costs beyond the date specified by the Airport Authority or the date of termination, whichever is earlier; as of the termination date, present and submit to the Airport Authority all records, data, notes, reports, discs, and documents as the Airport Authority relating to this Agreement, all pertinent keys or passwords to files, and carry out such directives as the Airport Authority may issue concerning the safeguarding or disposition of files and property; place no further orders on subcontracts for materials, services, or facilities, except as may be necessary for completion of the portion of the Services not terminated, if any; terminate all orders and subcontracts to the extent that they relate to the portion of the Services terminated; and submit within 30 calendar days a listing of all creditors, subcontractors, lessors, and other parties with which the Contractor has incurred financial obligations pursuant to the Agreement In addition, each party will assist the other party in the orderly termination of this Agreement and the transfer of all aspects, tangible or intangible, as may be necessary for the orderly, non‑disrupted business continuance of each party. Where applicable, and as desirable by the Airport A...
