BREACHES OF THIS CONTRACT Sample Clauses

BREACHES OF THIS CONTRACT. 15.1 Either party may terminate this Contract or the Service immediately on notice, if the other: (a) Commits a material breach of this Contract, which is capable of remedy, and fails to remedy the breach within a reasonable time of a written notice to do so; or (b) Commits a material breach of this Contract which cannot be remedied; or (c) Is repeatedly in breach of this Contract; or (d) Is the subject of a bankruptcy order, or becomes insolvent, or makes any arrangement or composition with or assignment for the benefit of its creditors, or goes into voluntary (otherwise than for reconstruction or amalgamation) or compulsory liquidation, or a receiver or administrator is appointed over their assets or if the equivalent of any such events under the laws of any of the relevant jurisdictions occurs to the other party. 15.2 If BT is entitled to terminate this Contract under Clause 15.1, BT may, on giving prior notice where practicable, suspend the Service without prejudice to such rights. Where BT terminates the Contract in accordance with Clause 15.1, Clause 14.3 will apply. 15.3 If either party delays in acting upon a breach of this Contract that delay will not be regarded as a waiver of that breach. If either party waives a breach of this Contract that waiver is limited to that particular breach.
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BREACHES OF THIS CONTRACT. 16.1. Either party may terminate this contract immediately on notice if the other: 16.1.1. Commits a material breach of this Contract, which is capable of remedy, and fails to remedy the breach within a reasonable time of a written notice to do so; or 16.1.2. Commits a material breach of this Contract which cannot be remedied; or 16.1.3. Is repeatedly in breach of this Contract; or 16.1.4. Is the subject of a bankruptcy order, or becomes insolvent, or makes any arrangement or composition with or assignment for the benefit of their creditors, or if it goes into either voluntary (otherwise than for reconstruction or amalgamation) or compulsory liquidation or a receiver or administrator is appointed over its assets. 16.2. If the Supplier is entitled to terminate this Contract under clause 16.1, the Supplier may, on giving prior notice where practicable suspend the Service without prejudice of such termination rights. Where the Service is suspended under this clause, the Customer must pay the charges for the Service until this Contract is terminated. 16.3. If this Contract is terminated by the Supplier because of an event specified in clause 16.1, the Customer must pay the Supplier the termination charges due, if any, for the remaining part of the Minimum Period in accordance with clause 15.3. 16.4. If this Contract is terminated by the Customer because of an event specified in clause 16.1, the Customer will only be liable to pay the Supplier the termination charges due under Clause 15.3a, if any.
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BREACHES OF THIS CONTRACT. 19.1. If either party delays in acting upon a breach of this Contract that delay will not be regarded as a waiver of that breach. If either party waives a breach of this Contract that waiver is limited to that particular breach.
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Related to BREACHES OF THIS CONTRACT

  • Termination of this Contract i. This Contract can be terminated by the Account Holder in accordance to Clause 6(ii) above and by Finductive in accordance with 6(iii) above; ii. In the event of gross negligence by one of the Parties, this Contract may be terminated with immediate effect by simple written notification from the prevailing Party. Gross Negligence by the Account Holder is understood to mean, but not limited to: • communication of false information; • engaging in illegal activity; • money laundering or financing of terrorism, or suspicion thereto; • threats to agents of Finductive; • defaulted payment; • failure to comply with an obligation of this Contract; • the nomination of a special mediator and insolvency administrator to initiate rehabilitation or liquidation proceedings. Gross negligence by Finductive is understood to mean: • communication of false information; • failure to comply with an obligation of this Contract; • the nomination of a special mediator and insolvency administrator to initiate rehabilitation or liquidation proceedings. iii. In the event of a modification to applicable regulations and their interpretation by the relevant regulatory authority that may affect the ability of Finductive to provide Payment Services, this Contract will automatically be terminated. The Account Holder may no longer send Payment Orders after the effective termination date. Payment Transactions initiated before the termination date might be affected by the termination request if the regulatory authority prohibits Finductive from processing any Payment Transactions. iv. The termination of this Contract will result in the permanent closure of the Payment Account. The closure of a Payment Account will not give rise to any compensation, regardless of any possible damage caused by said closure. The Account Holder is not authorised, unless explicitly authorised by Finductive, to open another Payment Account at Finductive. Any Payment Account opened in violation of this provision may be immediately closed by Finductive, without notice. v. Any funds available in Payment Accounts which are being closed in accordance with this Contract will be debited to the Account Holder following written instructions by the Account Holder’s legal representatives, unless Finductive is prohibited to do so by law. vi. Finductive reserves the right to bring legal action to repair the damage suffered due to a breach of the Contract.

  • Terms of this Agreement The Parties acknowledge that this Agreement and all of the respective terms of this Agreement shall be treated as Confidential Information of both Parties.

  • Remedies for Breaches of This Agreement Section 8.1 Survival of Representations and Warranties

  • THE WORK OF THIS CONTRACT The Contractor shall fully execute the Work described in the Contract Documents, except as specifically indicated in the Contract Documents to be the responsibility of others.

  • of this Contract Notwithstanding (1) and (2) above, Contractor may (subject to (3) above) be entitled to adjustment in the Contract Sum or Time regarding claimed hazardous waste or materials if not reasonably discernible from the reports and information provided by County, other information reasonably available to Contractor, visual observation or reasonable investigation. If the County determines that conditions do involve hazardous materials or other materials or that change in Contract terms is justified, then the County will either issue a Request for Proposal or an appropriate Change Order under the procedures described in the Contract.

  • ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT This Contract shall automatically terminate without the payment of any penalty, in the event of its assignment; and this Contract shall not be amended with respect to any Allocated Sleeve unless such amendment be approved at a meeting by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the related Fund who are not interested persons of such Fund or of the Manager.

  • Objectives of this Agreement The objectives of this agreement are as follows: i. To maintain and enhance the efficiency and productivity of the company. ii. To provide for increased pay and conditions of employment for employees. iii. To engender a cooperative industrial relations environment within the company and between the parties. iv. To maintain and improve occupational health and safety standards on company projects. v. To recognise the value of training and provide increased opportunities for employees to upgrade skill levels. vi. To meet the requirements and structural changes of the principal contractors for which the company are engaged by.

  • SCOPE OF THIS CONTRACT What is covered by this contract?

  • Amendment of this Contract No provision of this Contract may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against which enforcement of the change, waiver, discharge or termination is sought.

  • Breach of this Agreement If the Executive commits a breach, or threatens to commit a breach, of any of the provisions of Sections 7, 8 or 9 of this Agreement, then the Company shall have the right and remedy to have those provisions specifically enforced by any court having equity jurisdiction, it being acknowledged and agreed by the Executive that the rights and privileges of the Company granted in Sections 7, 8 and 9 are of a special, unique and extraordinary character and any such breach or threatened breach will cause great and irreparable injury to the Company and that money damages will not provide an adequate remedy to the Company.

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