Continuing Responsibilities. In the event this Agreement is terminated: a) Contractor shall, until the termination date of this Agreement, continue to manage the District, so that there is no interruption in or loss of service to the business owners within the District. Contractor shall complete any and all additional work necessary for the orderly filing of documents and closing of Contractor's performance of its obligations and duties under this Agreement. For services rendered in completing the work, Contractor shall be entitled to fair and reasonable compensation for the services performed by Contractor before the effective date of termination. b) The City will, upon the effective date of termination, assume the responsibility for the management of the District. c) Contractor, by accepting payment for completion, discharges the City of all City's payment obligations and liabilities under this Agreement.
Appears in 3 contracts
Sources: Management Agreement, Management Agreement, Management Agreement
Continuing Responsibilities. In the event this Agreement is terminated:
a) Contractor shall, until the termination date of this Agreement, continue to manage the District, so that there is no interruption in or loss of service to the business owners within the District. Contractor shall complete any and all additional work necessary for the orderly filing of documents and closing of Contractor's performance of its obligations and duties under this Agreement. For services rendered in completing the work, Contractor shall be entitled to fair and reasonable compensation for the services performed by Contractor before the effective date of termination.
b) The City will, upon the effective date of termination, assume the responsibility for the management of the District.
c) Contractor, by accepting payment for completion, discharges the City of all City's payment obligations and liabilities under this Agreement.
Appears in 1 contract
Sources: Management Agreement