Common use of Assignment Upon Termination Clause in Contracts

Assignment Upon Termination. In the event of the termination of this Contract prior to completion of the Basic Services provided in Exhibit “A”, regardless of the reason for said termination, the Consultant shall immediately assign to the City those contracts between Consultant and the Consultant’s sub-consultants, as the City may designate in writing. With respect to those contracts assigned to and accepted by the City, the City shall only be required to compensate such Consultant’s sub-consultants for compensation accruing to such parties under the terms of their agreements with the Consultant from and after the date of such assignment to and acceptance by the City. All sums claimed by such Consultant’s sub-consultants to be due and owing for services performed prior to such assignment and acceptance by the City shall not constitute a debt of the City, and the City shall in no way be deemed liable for such sums. The Consultant shall include this provision and the City’s rights and obligations hereunder in all agreements or contracts entered into with the Consultant’s sub-consultants.

Appears in 1 contract

Sources: Contract for Site Selection Services

Assignment Upon Termination. In the event of the termination of this Contract prior to completion of the Basic Services provided in Exhibit “A”Program, regardless of the reason for said termination, the Program Consultant shall immediately assign to the City those contracts between Program Consultant and the Program Consultant’s sub-consultants, as the City may designate in writing. With respect to those contracts assigned to and accepted by the City, the City shall only be required to compensate such Program Consultant’s sub-consultants for compensation accruing to such parties under the terms of their agreements with the Program Consultant from and after the date of such assignment to and acceptance by the City. All sums claimed by such Program Consultant’s sub-consultants to be due and owing for services performed prior to such assignment and acceptance by the City shall not constitute a debt of the City, and the City shall in no way be deemed liable for such sums. The Program Consultant shall include this provision and the City’s rights and obligations hereunder in all agreements or contracts entered into with the Program Consultant’s sub-consultants.

Appears in 1 contract

Sources: Consultant Services Agreement

Assignment Upon Termination. In the event of the termination of this Contract prior to completion of the Basic Services provided in Exhibit “A”Program, regardless of the reason for said termination, the Consultant shall immediately assign to the City those contracts between Consultant and the Consultant’s sub-consultants, as the City may designate in writing. With respect to those contracts assigned to and accepted by the City, the City shall only be required to compensate such Consultant’s sub-consultants for compensation accruing to such parties under the terms of their agreements with the Consultant from and after the date of such assignment to and acceptance by the City. All sums claimed by such Consultant’s sub-consultants to be due and owing for services performed prior to such assignment and acceptance by the City shall not constitute a debt of the City, and the City shall in no way be deemed liable for such sums. The Consultant shall include this provision and the City’s rights and obligations hereunder in all agreements or contracts entered into with the Consultant’s sub-consultants.

Appears in 1 contract

Sources: Consulting Services Agreement