Anticipatory breach of contract. The Purchaser may suspend the performance of its obligations if it becomes apparent from the Contractor's conduct or from a serious deficiency in the Contractor's creditworthiness or in the Contractor's ability to perform that it will not perform a substantial part of its contractual obligations. If it is clear that a breach of contract will occur prior to agreed delivery date and this gives the Purchaser the right to cancel the call-off order, the Purchaser may after granting the Contractor a short deadline to enable them to provide adequate security so as to ensure that their contractual obligations are fulfilled, cancel the call-off order with immediate effect prior to agreed delivery date
Appears in 3 contracts
Samples: Framework Agreement, Framework Agreement, Framework Agreement
Anticipatory breach of contract. The Purchaser may suspend the performance of its obligations if it becomes apparent from the Contractor's conduct or from a serious deficiency in the Contractor's creditworthiness or in the Contractor's ability to perform that it will not perform a substantial part of its contractual obligations. If it is clear that a breach of contract will occur prior to agreed delivery date and this gives the Purchaser the right to cancel the call-off order, the Purchaser may after granting the Contractor a short deadline to enable them to provide adequate security so as in order to ensure that their contractual obligations are fulfilled, cancel the call-off order with immediate effect prior to agreed delivery date.
Appears in 1 contract
Samples: Framework Agreement
Anticipatory breach of contract. The Purchaser may suspend the performance of its obligations if it becomes apparent from the Contractor's conduct or from a serious deficiency in the Contractor's creditworthiness or in the Contractor's ability to perform that it will not perform a substantial part of its contractual obligations. If it is clear that a breach of contract will occur prior to agreed delivery date and this gives the Purchaser the right to cancel the call-off call‐off order, the Purchaser may after granting the Contractor a short deadline to enable them to provide adequate security so as to ensure that their contractual obligations are fulfilled, cancel the call-off call‐off order with immediate effect prior to agreed delivery date
Appears in 1 contract
Samples: Framework Agreement