CLAUSE TWENTY-TWO - TERMINATION Sample Clauses

CLAUSE TWENTY-TWO - TERMINATION. The termination of the Contract shall be governed by the provisions set forth herein and, on a complementary basis, by the provisions contained in Law No. 26221 and, as to matters not contemplated therein, by the provisions set out in the Civil Code. Except for the cases referred to in point 22.3, if any of the Parties fails to comply with any of the obligations provided for in the Contract due to reasons other than acts of God or Force Majeure or other non-imputable causes, the other Party may give notice thereof to said Party, informing it of the default and of its intention to terminate the Contract at the end of a sixty (60)-Day period, unless said Party corrects the default within said period or proves that the default is in the process of being corrected. If the Party that receives the notice of default questions or denies its existence, it may refer the issue to arbitration, in accordance with the provisions set forth in clause twenty-one, within thirty (30) Days following the notice. In such event, the calculation of the sixty (60)-Day term will be suspended until the Parties have been served notice of the arbitration award, and the Contract will be terminated if, even though the default has been confirmed, said Party does not correct the default or does not prove to the other Party that the default is in the process of being corrected, within said term. The Contract can be terminated before the end of the Contract Term by express agreement between the Parties.