Common use of Termination Charges Clause in Contracts

Termination Charges. Any provision requiring the Agency to pay a fixed amount or liquidated damages upon termination of the agreement is hereby deleted. The Agency may only agree to reimburse a Vendor for actual costs incurred or losses sustained during the current fiscal year due to wrongful termination by the Agency prior to the end of any current agreement term.

Appears in 25 contracts

Samples: 96a Agreement, 96 Agreement, 96a Agreement

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Termination Charges. Any provision requiring the Agency Xxxxxxxx to pay a fixed amount or liquidated damages upon termination of the agreement is hereby deleted. The Agency Xxxxxxxx may only agree to reimburse a Vendor for actual costs incurred or losses sustained during the current fiscal year due to wrongful termination by the Agency Xxxxxxxx prior to the end of any current agreement term.

Appears in 4 contracts

Samples: Life of Contract Page, 96 Agreement, 96 Agreement

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