Common use of Causes for Termination Clause in Contracts

Causes for Termination. Any of the following events shall constitute an event of default by the Concessionaire entitling the Hospital Authority to terminate this contract: a. Failure to commence services in the Hospital within two (2) months of signing the agreement b. Over charging from the patients for any of the items and not offering the pre determined discount in violation of the terms of the agreement. c. Selling expired or spurious or recycled or a combination of any such products to the customers from the fair price outlet under PPP. d. Failure to comply with the statutory requirements, Drugs & Cosmetics Acts, Rules and other applicable norms e. Criminal indictment of the promoters, member/s of the Board of Directors, chief functionaries, key personnel engaged by the Concessionaire for operation and management of the fair price outlet. f. Engagement of unqualified persons for running of the Services g. Use of the allocated space by the PSP for any other purpose other than the approved scheme. h. Failure to comply with the terms of the contract relating to the Performance Security to be furnished by the Concessionaire in the form of Bank Guarantee. i. Complaints of Stock outs received from the customers also verified by surprise checks in more than three occasions in a month j. If the Concessionaire in the judgement of the hospital authorities has engaged in corrupt or fraudulent practices in competing for or in executing the agreement k. If the Concessionaire has sublet the space to any other Organization for operation and management of the fair price outlet. l. In case the private partner fails to pay the assessed rent to the RKS of the concerned hospital on or before 5th day of each English calendar month as mentioned under Article 2 clause 2.4 d), interest @ 1% per month on the due rent amount will be imposed for each 15 days delay or part thereof subject to a maximum allowable extension period of 3 months from last due date of payment of such rent. All dues along with applicable interest have to be cleared within the allowable limit of 3 months beyond which relevant procedure for termination of contract and floating of e-tender for selection of new private partners will be initiated by the Hospital Authority/Department of Health & Family welfare. However, such penalty clause shall be applicable till the date of decommissioning of the unit and handover of site under possession of the private partner to the hospital authority. m. If the private partner fails to pay the electricity bills within the stipulated time of 15 days from the date of raising of the bills by concerned hospitals as per clause 2.4 i under Article 2, interest @ 1% per month on the due Electricity xxxx amount will be imposed for each 15 days delay or part thereof subject to a maximum allowable extension period of 3 months from last due date of payment of such rent. All dues along with applicable interest have to be cleared within the allowable limit of 3 months beyond which relevant procedure for termination of contract and floating of e-tender for selection of new private partners will be initiated by the Hospital Authority/Department of Health & Family welfare. However, such penalty clause shall be applicable till the date of decommissioning of the unit and handover of site under possession of the private partner to the hospital authority. n. Non payment of any other relevant dues as per agreement. o. Non-compliance of ‘Information System’ as described under Article 4.2E

Causes for Termination. Any of the following events shall constitute an event of default by the Concessionaire entitling the Hospital Authority to terminate this contract: a. Failure to commence services in the Hospital within two (2) months of signing the agreement b. Over charging from the patients for any of the items and not offering the pre determined discount in violation of the terms of the agreement. c. Selling expired or spurious or recycled or a combination of any such products to the customers from the fair price outlet under PPP. d. Failure to comply with the statutory requirements, Drugs & Cosmetics Acts, Rules and other applicable norms e. Criminal indictment of the promoters, member/s of the Board of Directors, chief functionaries, key personnel engaged by the Concessionaire for operation and management of the fair price outlet. f. Engagement of unqualified persons for running of the Services g. Use of the allocated space by the PSP for any other purpose other than the approved scheme. h. Failure to comply with the terms of the contract relating to the Performance Security to be furnished by the Concessionaire in the form of Bank Guarantee. i. Complaints of Stock outs received from the customers also verified by surprise checks in more than three occasions in a month j. If the Concessionaire in the judgement of the hospital authorities has engaged in corrupt or fraudulent practices in competing for or in executing the agreement k. If the Concessionaire has sublet the space to any other Organization for operation and management of the fair price outlet. l. In case the private partner fails to pay the assessed rent to the RKS of the concerned hospital on or before 5th day of each English calendar month as mentioned under Article 2 clause 2.4 d), interest @ 1% per month on the due rent amount will be imposed for each 15 days delay or part thereof subject to a maximum allowable extension period of 3 months from last due date of Non-payment of such rent. All dues along with applicable interest have to be cleared within the allowable limit of 3 months beyond which relevant procedure for termination of contract and floating of e-tender for selection of new private partners will be initiated by the Hospital Authority/Department of Health & Family welfare. However, such penalty clause shall be applicable till the date of decommissioning of the unit and handover of site under possession of the private partner to the hospital authority.rent or any other dues m. If the private partner fails to pay the electricity bills within the stipulated time of 15 days from the date of raising of the bills by concerned hospitals as per clause 2.4 i under Article 2, interest @ 1% per month on the due Electricity xxxx amount will be imposed for each 15 days delay or part thereof subject to a maximum allowable extension period of 3 months from last due date of payment of such rent. All dues along with applicable interest have to be cleared within the allowable limit of 3 months beyond which relevant procedure for termination of contract and floating of e-tender for selection of new private partners will be initiated by the Hospital Authority/Department of Health & Family welfare. However, such penalty clause shall be applicable till the date of decommissioning of the unit and handover of site under possession of the private partner to the hospital authority. n. Non payment of any other relevant dues as per agreement. o. Non-compliance of ‘Information System’ as described under Article 4.2E

Causes for Termination. Any of the following events shall constitute an event of default by the Concessionaire entitling the Hospital Authority to terminate this contract: a. Failure to commence services in the Hospital within two (2) months of signing the agreement b. Over charging from the patients for any of the items and not offering the pre pre-determined discount in violation of the terms of the agreement. c. Selling expired or spurious or recycled or a combination of any such products to the customers from the fair price outlet under PPP. d. Failure to comply with the statutory requirements, Drugs & Cosmetics Acts, Rules and other applicable norms e. Criminal indictment of the promoters, member/s of the Board of Directors, chief functionaries, key personnel engaged by the Concessionaire for operation and management of the fair price outlet. f. Engagement of unqualified persons for running of the Services g. Use of the allocated space by the PSP for any other purpose other than the approved scheme. h. Failure to comply with the terms of the contract relating to the Performance Security to be furnished by the Concessionaire in the form of Bank Guarantee. i. Complaints of Stock outs received from the customers also verified by surprise checks in more than three occasions in a month j. If the Concessionaire in the judgement of the hospital authorities has engaged in corrupt or fraudulent practices in competing for or in executing the agreement k. If the Concessionaire has sublet the space to any other Organization for operation and management of the fair price outlet. l. In case the private partner fails to pay the assessed rent to the RKS of the concerned hospital on or before 5th day of each English calendar month as mentioned under Article 2 clause 2.4 d), interest @ 1% per month on the due rent amount will be imposed for each 15 days delay or part thereof subject to a maximum allowable extension period of 3 months from last due date of payment of such rent. All dues along with applicable interest have to be cleared within the allowable limit of 3 months beyond which relevant procedure for termination of contract and floating of e-tender for selection of new private partners will be initiated by the Hospital Authority/Department of Health & Family welfare. However, such penalty clause shall be applicable till the date of decommissioning of the unit and handover of site under possession of the private partner to the hospital authority. m. If the private partner fails to pay the electricity bills within the stipulated time of 15 days from the date of raising of the bills by concerned hospitals as per clause 2.4 i under Article 2, interest @ 1% per month on the due Electricity xxxx bill amount will be imposed for each 15 days delay or part thereof subject to a maximum allowable extension period of 3 months from last due date of payment of such rent. All dues along with applicable interest have to be cleared within the allowable limit of 3 months beyond which relevant procedure for termination of contract and floating of e-tender for selection of new private partners will be initiated by the Hospital Authority/Department of Health & Family welfare. However, such penalty clause shall be applicable till the date of decommissioning of the unit and handover of site under possession of the private partner to the hospital authority. n. Non Non-payment of any other relevant dues as per agreement. o. Non-compliance of ‘Information System’ as described under Article 4.2E

Causes for Termination. Any of the following events shall constitute an event of default by the Concessionaire entitling the Hospital Authority to terminate this contract: a. Failure to commence services in the Hospital within two (2) months of signing the agreement b. Over charging from the patients for any of the items and not offering the pre determined discount in violation of the terms of the agreement. c. Selling expired or spurious or recycled or a combination of any such products to the customers from the fair price outlet under PPP. d. Failure to comply with the statutory requirements, Drugs & Cosmetics Acts, Rules and other applicable norms e. Criminal indictment of the promoters, member/s of the Board of Directors, chief functionaries, key personnel engaged by the Concessionaire for operation and management of the fair price outlet. f. Engagement of unqualified persons for running of the Services g. Use of the allocated space by the PSP for any other purpose other than the approved scheme. h. Failure to comply with the terms of the contract relating to the Performance Security to be furnished by the Concessionaire in the form of Bank Guarantee. i. Complaints of Stock outs received from the customers also verified by surprise checks in more than three occasions in a month j. If the Concessionaire in the judgement of the hospital authorities has engaged in corrupt or fraudulent practices in competing for or in executing the agreement k. If the Concessionaire has sublet the space to any other Organization for operation and management of the fair price outlet. l. In case the private partner fails to pay the assessed rent to the RKS of the concerned hospital on or before 5th day of each English calendar month as mentioned under Article 2 clause 2.4 d), interest @ 1% per month on the due rent amount will be imposed for each 15 days delay or part thereof subject to a maximum allowable extension period of 3 months from last due date of payment of such rent. All dues along with applicable interest have to be cleared within the allowable limit of 3 months beyond which relevant procedure for termination of contract and floating of e-tender for selection of new private partners will be initiated by the Hospital Authority/Department of Health & Family welfare. However, such penalty clause shall be applicable till the date of decommissioning of the unit and handover of site under possession of the private partner to the hospital authority. m. If the private partner fails to pay the electricity bills within the stipulated time of 15 days from the date of raising of the bills by concerned hospitals as per clause 2.4 i under Article 2, interest @ 1% per month on the due Electricity xxxx bill amount will be imposed for each 15 days delay or part thereof subject to a maximum allowable extension period of 3 months from last due date of payment of such rent. All dues along with applicable interest have to be cleared within the allowable limit of 3 months beyond which relevant procedure for termination of contract and floating of e-tender for selection of new private partners will be initiated by the Hospital Authority/Department of Health & Family welfare. However, such penalty clause shall be applicable till the date of decommissioning of the unit and handover of site under possession of the private partner to the hospital authority. n. Non payment of any other relevant dues as per agreement. o. Non-compliance of ‘Information System’ as described under Article 4.2E