Common use of Early Termination in the Public Interest Clause in Contracts

Early Termination in the Public Interest. The State is entering into this Participating Addendum to serve the public interest of the State of Colorado as determined by its Governor, General Assembly, or Courts. A determination that this Contract should be terminated in the public interest shall not be equivalent to a State right to terminate for convenience. This subsection shall not apply to a termination of this Participating Addendum by the State for breach by Contractor, which shall be governed by §14.i. In the event of termination of the Participating Addendum, all underlying leases, rental maintenance and license/subscription agreements to this Participating Addendum, including applicable terms and conditions will remain in full force and effect throughout the duration of the lease, rental, maintenance, or license/subscription agreement.

Appears in 2 contracts

Sources: Participating Addendum, Participating Addendum