Common use of Termination Charges Calculation Clause in Contracts

Termination Charges Calculation. (a) If DIR terminates the Agreement in its entirety pursuant to Section 20.2 of the Agreement, the Termination Charges payable with respect to such termination shall be the sum of the applicable costs described in Section

Appears in 10 contracts

Samples: Master Services Agreement, Master Services Agreement, Master Services Agreement

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Termination Charges Calculation. (a) If DIR terminates the Agreement in its entirety pursuant to Section 20.2 of the Agreement, the Termination Charges payable with respect to such termination shall be the sum of the applicable costs described in SectionSection 11.1. If DIR terminates a Service Component or otherwise terminates the Agreement in part pursuant to Section 20.2 of the Agreement, the Termination Charges payable with respect to such termination shall be the sum of the applicable costs described in Section 10.1, equitably reduced in proportion to the portion of the terminated Services.

Appears in 1 contract

Samples: publishingext.dir.texas.gov

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