Common use of Contractor Actions Clause in Contracts

Contractor Actions. Upon receipt of the notice of termination, Contractor shall commence and perform, with diligence, all actions necessary on the part of Contractor to effect the termination of this Agreement on the date specified by City and to (a) Halting the performance of all Work under this Agreement on the date(s) and in the manner specified by the SFMTA. (b) Terminating all existing orders and subcontracts, and not placing any further orders or subcontracts for materials, Work, equipment or other items. (c) At the SFMTA’s direction, assigning to City any or all of Contractor’s right, title, and interest under the orders and subcontracts terminated. Upon such assignment, the SFMTA shall have the right, in its sole discretion, to settle or pay any or all claims arising out of the termination of such orders and subcontracts. (d) Subject to the SFMTA’s approval, settling all outstanding liabilities and all claims arising out of the termination of orders and subcontracts. (e) Completing performance of any Work that the SFMTA designates to be completed prior to the date of termination specified by the SFMTA. (f) Taking such action as may be necessary, or as the SFMTA may direct, for the protection and preservation of any property related to this Agreement which is in the possession of Contractor and in which the SFMTA has or may acquire an interest.