Common use of TERMINATION BY THE OWNER Clause in Contracts

TERMINATION BY THE OWNER. 12.1.1 This Agreement may be terminated by the Owner upon 14 days’ written notice to the Design Builder in the event that the Project is abandoned. If such termination occurs, the Owner shall pay the Design Builder for Work completed and for proven loss sustained upon materials, equipment, tools, and construction equipment machinery, including reasonable profit and applicable damages.

TERMINATION BY THE OWNER. 12.1.1 13.1.1 This Part 2 Agreement may be terminated by the Owner upon 14 days’ ' written notice to the Design Design/Builder in the event that the Project is abandoned. If such termination occurs, the Owner shall pay the Design Design/Builder for Work completed and for proven loss sustained upon materials, equipment, tools, and construction equipment and machinery, including reasonable profit and applicable damages.

TERMINATION BY THE OWNER. 12.1.1 This Agreement may be terminated by the Owner upon 14 days’ ' written notice to the Design Builder in the event that the Project is abandoned. If such termination occurs, the Owner shall pay the Design Builder for Work completed and for proven loss sustained upon materials, equipment, tools, and construction equipment machinery, including reasonable profit and applicable damages.

TERMINATION BY THE OWNER. § 12.1.1 This Part 2 Agreement may be terminated by the Owner upon 14 days’ written notice to the Design Design/Builder in the event that the Project is abandonedwith or without cause. If such termination occursoccurs without cause, the Owner shall pay the Design Design/Builder for Work completed and for proven loss sustained upon materials, equipment, tools, and construction equipment machineryall non-cancelable obligations, including reasonable profit and applicable damages.on the Work completed up until the date of the notice of termination (not to exceed the rate indicated in Section 13.1.1.1), consistent with Exhibit A.

TERMINATION BY THE OWNER. 12.1.1 This Agreement may be terminated by the Owner upon 14 days’ written notice to the Design Builder in the event that the Project is abandoned. If , if such termination occurs, the Owner shall pay the Design Builder for Work completed and for proven loss sustained upon materials, equipment, tools, and construction equipment machinery, including reasonable profit and applicable damages.

TERMINATION BY THE OWNER. 12.1.1 This Part 2 Agreement may be terminated by the Owner upon 14 days’ ' written notice to the Design Design/Builder in the event that the Project is abandoned. If such termination occurs, the Owner shall pay the Design Design/Builder for Work completed and for proven loss sustained upon materials, equipment, tools, and construction equipment and machinery, including reasonable profit and applicable damagesdamage. Such proven loss shall include all expenses and costs arising out of the termination including, but not limited to cancellation charges, restocking fees, and expenses of a similar nature.