Common use of Termination of Existing Contracts Clause in Contracts

Termination of Existing Contracts. At the request of Foundation, District may terminate existing service contracts that Foundation does not determine to be useful to and in the best interest of the District’s on-going operation and maintenance if District determines that such termination will not create a financial penalty or other detriment to the District.

Appears in 2 contracts

Sources: District Transformation Agreement, District Transformation Agreement