Common use of TERMINATION BY THE PARTIES Clause in Contracts

TERMINATION BY THE PARTIES. If it is mutually agreed by the Parties that it would be in their mutual best interests to terminate or suspend work on the Project, neither Party may seek nor be entitled to receive further reimbursement for any costs or expenses incurred in connection with the Scope of Work nor termination of this MOU.

TERMINATION BY THE PARTIES. If it is mutually agreed in writing by the Parties that it would be in their mutual best interests to terminate or suspend work on the Project, neither no Party may seek nor be entitled to receive further reimbursement from the remaining Parties for any costs or expenses incurred in connection with the Scope of Work nor termination of this MOU.