Common use of AUTHORITY VOLUNTARY TERMINATION Clause in Contracts

AUTHORITY VOLUNTARY TERMINATION. 42.1 The Authority shall be entitled to terminate this Agreement at any time on [ ] months' written notice to DBFM Co. In the event of notice being given by the Authority in accordance with this Clause, the Authority shall, at any time before the expiration of such notice, be entitled to direct DBFM Co, where the Works (or any part or parts of the Works) or any Service (or any elements of any Service) have not been commenced, to refrain from commencing any such Works or Services (or to procure the same). 42.2 Without prejudice to its rights under Clause 42.1, the Authority may terminate this Agreement on any of the Authority Break Point Dates by complying with its obligations under Clause 42.2.1 below: 42.2.1 If the Authority wishes to terminate this Agreement under this Clause, it must give notice to DBFM Co stating: (a) that the Authority is terminating this Agreement under this Clause 42.2; and (b) that this Agreement will terminate on the specified Authority Break Point Date, which must be a minimum of [30] days after the date of receipt of the notice. 42.2.2 Provided the notice has been provided in accordance with Clause 42.2.1 above, this Agreement will terminate on the specified Authority Break Point Date.]

Appears in 3 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

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AUTHORITY VOLUNTARY TERMINATION. 42.1 The Authority shall be entitled to terminate this Agreement at any time on [ ] months' written notice to DBFM Co. Sub-hubco. In the event of notice being given by the Authority in accordance with this Clause, the Authority shall, at any time before the expiration of such notice, be entitled to direct DBFM CoSub-hubco, where the Works (or any part or parts of the Works) or any Service (or any elements of any Service) have not been commenced, to refrain from commencing any such Works or Services (or to procure the same). 42.2 Without prejudice to its rights under Clause 42.1, the Authority may terminate this Agreement on any of the Authority Break Point Dates by complying with its obligations under Clause 42.2.1 below: : 42.2.1 If the Authority wishes to terminate this Agreement under this Clause, it must give notice to DBFM Co Sub-hubco stating: : (a) that the Authority is terminating this Agreement under this Clause 42.2; and and (b) that this Agreement will terminate on the specified Authority Break Point Date, which must be a minimum of [30] days after the date of receipt of the notice. . 42.2.2 Provided the notice has been provided in accordance with Clause 42.2.1 above, this Agreement will terminate on the specified Authority Break Point Date.]

Appears in 1 contract

Samples: Project Agreement

AUTHORITY VOLUNTARY TERMINATION. 42.1 The Authority shall be entitled to terminate this Agreement at any time on [ ] months' written notice to DBFM Co. Sub-hubco. In the event of notice being given by the Authority in accordance with this Clause, the Authority shall, at any time before the expiration of such notice, be entitled to direct DBFM CoSub-hubco, where the Works (or any part or parts of the Works) or any Service (or any elements of any Service) have not been commenced, to refrain from commencing any such Works or Services (or to procure the same). 42.2 Without prejudice to its rights under Clause 42.1, the Authority may terminate this Agreement on any of the Authority Break Point Dates by complying with its obligations under Clause 42.2.1 below: 42.2.1 If the Authority wishes to terminate this Agreement under this Clause, it must give notice to DBFM Co Sub-hubco stating: (a) that the Authority is terminating this Agreement under this Clause 42.2; and (b) that this Agreement will terminate on the specified Authority Break Point Date, which must be a minimum of [30] days after the date of receipt of the notice. 42.2.2 Provided the notice has been provided in accordance with Clause 42.2.1 above, this Agreement will terminate on the specified Authority Break Point Date.]

Appears in 1 contract

Samples: Project Agreement

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AUTHORITY VOLUNTARY TERMINATION. 42.1 The Authority shall be entitled to terminate this Agreement at any time on [ ] l ] months' written notice to DBFM Co. In the event of notice being given by the Authority in accordance with this Clause, the Authority shall, at any time before the expiration of such notice, be entitled to direct DBFM Co, where the Works (or any part or parts of the Works) or any Service (or any elements of any Service) have not been commenced, to refrain from commencing any such Works or Services (or to procure the same). 42.2 . Without prejudice to its rights under Clause 42.1, the Authority may terminate this Agreement on any of the Authority Break Point Dates by complying with its obligations under Clause 42.2.1 below: 42.2.1 : If the Authority wishes to terminate this Agreement under this Clause, it must give notice to DBFM Co stating: (a) : that the Authority is terminating this Agreement under this Clause 42.2; and (b) and that this Agreement will terminate on the specified Authority Break Point Date, which must be a minimum of [30] days after the date of receipt of the notice. 42.2.2 . Provided the notice has been provided in accordance with Clause 42.2.1 above, this Agreement will terminate on the specified Authority Break Point Date.]

Appears in 1 contract

Samples: Project Agreement

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