termination for convenience clause

termination-for-convenience clause. A contractual provision allowing the government to terminate all or a portion of a contract when it chooses. • Among the governmental contracts that often include a termination-for-convenience clause are service contracts, research-and-development contracts, and fixed-price contracts. See 48 CFR § 52.249-1.

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词条贡献者

双语律师Virginia，国内知名法学院民商法专业，擅长翻译各类与公司与并购相关的法律文件。