Common use of Termination for Convenience of Owner Clause in Contracts

Termination for Convenience of Owner. Owner may terminate this Agreement at any time in whole or in part for the Owner’s convenience. The Owner shall terminate by delivering to the Engineer a Notice of Termination specifying the nature, extent and effective date of Termination. Upon receipt of the notice, the Engineer shall immediately discontinue all services affected (unless the notice directs otherwise). If the Agreement is terminated for the Owner’s convenience, the Engineer shall be paid an amount which bears the same ratio of the total compensation as the services actually performed bear to the total services of Engineer covered by this Agreement plus all reimbursables incurred to the date of termination and termination expenses. There shall be no payment for anticipated profit, unperformed services, or unabsorbed overhead

Termination for Convenience of Owner. Owner may terminate this Agreement at any time in whole or in part for the Owner’s convenience. The Owner shall terminate by delivering to the Engineer Architect a Notice of Termination specifying the nature, extent and effective date of Termination. Upon receipt of the notice, the Engineer Architect shall immediately discontinue all services affected (unless the notice directs otherwise). If the Agreement is terminated for the Owner’s convenience, the Engineer Architect shall be paid an amount which bears the same ratio of the total compensation as the services actually performed bear to the total services of Engineer Architect covered by this Agreement plus all reimbursables incurred to the date of termination and termination expenses. There shall be no payment for anticipated profit, unperformed services, or unabsorbed overhead

Termination for Convenience of Owner. Owner may terminate this Agreement at any time in whole or in part for the Owner’s convenience. The Owner shall terminate by delivering to the Engineer Architect a Notice of Termination specifying the nature, extent and effective date of Termination. Upon receipt of the notice, the Engineer Architect shall immediately discontinue all services affected (unless the notice directs otherwise). If the Agreement is terminated for the Owner’s 's convenience, the Engineer Architect shall be paid an amount which bears the same ratio of the total compensation as the services actually performed bear to the total services of Engineer Architect covered by this Agreement plus all reimbursables incurred to the date of termination and termination expenses. There shall be no payment for anticipated profit, unperformed services, or unabsorbed overhead.

Termination for Convenience of Owner. Owner may terminate this Agreement at any time in whole or in part for the Owner’s convenience. The Owner shall terminate by delivering to the Engineer Architect a Notice of Termination specifying the nature, extent and effective date of Termination. Upon receipt of the notice, the Engineer Architect shall immediately discontinue all services affected (unless the notice directs otherwise). If the Agreement is terminated for the Owner’s 's convenience, the Engineer Architect shall be paid an amount which bears the same ratio of the total to tal compensation as the services actually performed bear to the total services of Engineer Architect covered by this Agreement plus all reimbursables incurred to the date of termination and termination expenses. There shall be no payment for anticipated profit, unperformed services, or unabsorbed overhead.

Termination for Convenience of Owner. Owner may terminate this Agreement at any time in whole or in part for the Owner’s convenience. The Owner shall terminate by delivering to the Engineer Architect a Notice Not ice of Termination specifying the nature, extent and effective date of Termination. Upon receipt of the notice, the Engineer Architect shall immediately discontinue all services affected (unless the notice directs otherwise). If the Agreement is terminated for the Owner’s convenience, the Engineer Architect shall be paid an amount which bears the same ratio of the total compensation as the services actually performed bear to the total services of Engineer Architect covered by this Agreement plus all reimbursables incurred to the date of termination and termination expenses. There shall be no payment for anticipated profit, unperformed services, or unabsorbed overhead