Such terminations may be the result of contractual options, sponsor bankruptcy, or scandals.

With their cost estimated to reach $50 billion, the Government is currently looking at each one and will recommend exercising contractual options that could save it huge outlays in future subsidies and interest costs.

He said it was just business, just Ewing exploring his contractual options.

If the third baseman had completed this season with California, the Angels could have exercised their contractual option for his services in 1988 at a salary of $850,000, or used the buyout clause.

ESPN has countered that it has the contractual option to make the shift.

LIPA, meantime, must decide as early as this summer whether to exercise a one-year contractual option that began in May to purchase the aging Keyspan plants.

The Yankees retained outfielder Paul O'Neill and designated hitter Darryl Strawberry for next season, exercising contractual options, as expected.

Mets officials have indicated that their offer is around $5 million, including a payoff for a contractual option in 1999.

Paul Sr. then exercised a contractual option to purchase Paul Jr.'s 20% share in OCC, and subsequently filed a lawsuit to force the buyout.

In 1965, the barge was sold pursuant to contractual option to Reading & Bates.