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Res 2001-196
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Res 2001-196
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7/10/2006 4:22:23 PM
Creation date
7/10/2006 4:22:13 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2001-196
Date
11/15/2001
Volume Book
145
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<br />SECTION XVIII. EARL Y TERMINATION <br /> <br />A. Either of the parties hereto shall have the right, in such party's sole discretion and at such party's <br />sole option, to terminate and bring to an end all performances to be rendered under the terms hereof <br />by notifYing the other party hereto in writing of such termination at least thirty days prior to the <br />effective date of such termination. Should neither party exercise their right to terminate, this <br />contract shall terminate in accordance with the provision of Section III. <br /> <br />B. Upon termination or receipt of notice to terminate whichever occurs first, the Contractor shall <br />cancel, withdraw or otherwise terminate, any outstanding orders or subcontracts which relate to the <br />performance of this contract and shall otherwise cease to incur costs hereunder. <br /> <br />C. In no event shall the County be liable to the Contractor or the Contractor's creditors for expenses <br />incurred after termination date. <br /> <br />D. In the event that the Contractor has not exhausted the amount of money allocated to it in Section IV <br />at the date of termination, the Contractor shall return to the County within thirty (30) days and in the <br />manner prescribed by the County aU unexpended and uncommitted funds. <br /> <br />WITNESS OUR HANDS EFFECTIVE THIS 20~DA Y OF November <br /> <br />,200 I. <br /> <br />CITY OF SAN MARCOS <br /> <br />O(.~~ "d ~"~ <br />~. Gi 'ey, City Man ?er <br />i\p ehalf of the County of Hays. <br /> <br /> <br />5 <br />
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