Common use of Contractor’s Termination Duties Clause in Contracts

Contractor’s Termination Duties. Upon receipt of notice of termination or upon request of the Institution, Contractor shall: Cease work under this Agreement and take all necessary or appropriate steps to limit disbursements and minimize costs, and furnish a report within thirty (30) days of the date of notice of termination, describing the status of all work under this Agreement, including, without limitation, results accomplished, conclusions resulting therefrom, and any other matters the Institution may require; Immediately cease using and return to the Institution, any personal property or materials, whether tangible or intangible, provided by the Institution to Contractor; Comply with the Institution’s instructions for the timely transfer of any active files and work product produced by Contractor under this Agreement; Cooperate in good faith with the Institution and its employees, agents and contractors during the transition period between the notification of termination and the substitution of any replacement contractor(s); and Immediately return to the Institution any payments made by the Institution for Services that were not delivered or rendered by Contractor.

Contractor’s Termination Duties. Upon receipt of notice of termination or upon request of the InstitutionBOR, Contractor shall: Cease work under this Agreement Contract and take all necessary or appropriate steps to limit disbursements and minimize costs, and furnish a report within thirty (30) days of the date of notice of termination, describing the status of all work under this AgreementContract, including, without limitation, results accomplished, conclusions resulting therefrom, and any other matters the Institution BOR may require; Immediately cease using and return to the InstitutionBOR, any personal property or materials, whether tangible or intangible, provided by the Institution BOR to Contractor; Comply with the Institution▇▇▇’s instructions for the timely transfer of any active files and work product produced by Contractor under this AgreementContract; Cooperate in good faith with the Institution BOR and its employees, agents and contractors during the transition period between the notification of termination and the substitution of any replacement contractor(s); and Immediately return to the Institution BOR any payments made by the Institution BOR for Services that were not delivered or rendered by Contractor.