Termination. 26.1 The purchaser may at any time terminate the contract by giving for insolvency written notice to the supplier if the supplier becomes bankrupt or otherwise insolvent. In this event, termination will be without compensation to the supplier, provided that such termination will not prejudice or affect any right of action or remedy, which has accrued or will accrue thereafter to the purchaser.
Appears in 15 contracts
Samples: Quotation for Auction Services, Quotation, Quotation for Equipment Supply and Repair Services