Termination for Convenience by Phoenix Sample Clauses

Termination for Convenience by Phoenix. (a) Upon ninety (90) days’ advance written notice to Developer prior to a specified date of termination (“Termination Date”), Phoenix may terminate this Agreement at its convenience and Developer shall surrender the Project Site to Phoenix, provided that in connection with any such termination implemented under item (i) below and for the consideration set out in Exhibit J, Section 1 (Processing Facility Surrender Cost) that occurs earlier than the Commercial Operations Date, Developer shall, at Phoenix’ option, exercised explicitly in such notice, complete the Processing Facility. Developer shall, upon written notice from Phoenix given at any time after the Commercial Operations Date, provide to Phoenix in writing, within ten Business Days, Developer’s best estimate of the total cost to Phoenix associated with a Phoenix termination for convenience under Exhibit J, Section 1 (Processing Facility Surrender Cost) or Section 2 (Processing Facility Demobilization and Removal Cost) associated with a contingent Termination Date proposed by Phoenix, including all related administrative, breakage, prepayment, and other costs, penalties, fees and charges. At Phoenix’ request in connection with any such written notice, Developer shall also provide Phoenix with Developer’s proposed form of sales agreement relating to a termination for convenience involving Exhibit J, Section 1 (Processing Facility Surrender Cost). Upon Developer’s surrender of the Project Site by the Termination Date, Phoenix shall, at Phoenix’ option, pay to Developer either:
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Termination for Convenience by Phoenix 

Related to Termination for Convenience by Phoenix

  • TERMINATION FOR CONVENIENCE BY CITY 4.04.1 The Director may terminate this Agreement at any time by giving 30 days’ written notice to Contractor, with a copy of the notice to the CPO. The City’s right to terminate this Agreement for convenience is cumulative of all rights and remedies, which exist now or in the future.

  • Termination for Convenience TIPS may, by written notice to Vendor, terminate this Agreement for convenience, in whole or in part, at any time by giving thirty (30) days’ written notice to Vendor of such termination, and specifying the effective date thereof.

  • Termination for Convenience of City The City shall have the right at any time by written notice to Contractor to terminate and cancel this contract, without cause, for the convenience of the City, and Contractor shall immediately stop work. In such event City shall not be liable to Contractor except for payment for actual work performed prior to such notice in an amount proportionate to the completed contract price and for the actual costs of preparations made by Contractor for the performance of the cancelled portions of the contract, including a reasonable allowance of profit applicable to the actual work performed and such preparations. Anticipatory profits and consequential damages shall not be recoverable by Contractor.

  • Term and Termination for Convenience The initial term of this Agreement shall be for a period of five (5) years following the date on which X.X. Xxxxxx commenced providing services under this Agreement. Following the initial term, the Customer may terminate this Agreement by giving not less than sixty (60) days’ prior written notice to X.X. Xxxxxx and X.X. Xxxxxx may terminate this Agreement on one hundred and eighty (180) days’ prior written notice to the Customer.

  • Termination by the Owner for Convenience § 14.4.1 The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause.

  • Termination for Cause and Convenience As detailed within Clause No. 3 of, Form HUD-5370-C, General Conditions for Non- Construction Contracts, Section I—(Within or without Maintenance Work).

  • Cancellation for convenience 19.1 The Commonwealth may cancel this Agreement by notice, due to

  • Termination by Owner The Owner may terminate this Agreement in whole or in part, for the failure of the Consultant to:

  • Termination by Mutual Consent This Agreement may be terminated at any time prior to the Closing Date by the mutual written consent of the Company and the Purchasers.

  • Termination by Lessee Subject to Subparagraph 18D, and without limiting any other rights and remedies to which Lessee may be entitled by common law, statutory law, or as elsewhere provided in this Lease, this Lease may be terminated by Lessee at any time after the happening, and during the existence, of one of more of the following events:

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