Common use of Contract Term and Termination Clause in Contracts

Contract Term and Termination. 9.1. Unless terminated earlier in accordance with the Contract, the Contract shall commence upon the date of the Purchase Order and shall terminate upon the date that the Deliverables are delivered in accordance with the Contract.‌ 9.2. Without prejudice to any other rights the Parties may have, either Party shall be at liberty to terminate the Contract forthwith in the event: 9.2.1. Of material breach or non-observance of the terms and conditions of the Contract; 9.2.2. That the other Party has a receiver appointed of any of its assets or property or has a petition presented for a bankruptcy, administration or winding up order or a proposal is made for a composition or arrangement with its creditors. 9.3. AMICUS reserves the right to terminate this Contract at any time prior to the delivery of all the Deliverables required to be delivered under the Contract by giving notice in writing. In the event of such early termination:‌ 9.3.1. In the case of Services to be delivered under the Contract, AMICUS shall pay for all services delivered up to the date of termination at a reasonable rate for labour, such rates to be agreed with the Supplier; and 9.3.2. In the case of Goods that are in process of manufacture in accordance with the AMICUS’ delivery requirements, AMICUS may agree with the Supplier that the Goods are completed, delivered and paid for or, alternatively, AMICUS may pay reasonable compensation in respect of the cost of materials and labour involved in the production of such goods up to the time of the termination. No other damages or compensation shall be payable to the Supplier with respect to such early termination.‌

Contract Term and Termination. 9.1. Unless terminated earlier in accordance with the Contract, the Contract shall commence upon the date of the Purchase Order and shall terminate upon the date that the Deliverables are delivered in accordance with the Contract.‌Contract. 9.2. Without prejudice to any other rights the Parties may have, either Party shall be at liberty to terminate the Contract forthwith in the event: 9.2.1. Of material breach or non-observance of the terms and conditions of the Contract; 9.2.2. That the other Party has a receiver appointed of any of its assets or property or has a petition presented for a bankruptcy, administration or winding up order or a proposal is made for a composition or arrangement with its creditors. 9.3. AMICUS reserves the right to terminate this Contract at any time prior to the delivery of all the Deliverables required to be delivered under the Contract by giving notice in writing. In the event of such early termination:‌termination: 9.3.1. In the case of Services to be delivered under the Contract, AMICUS shall pay for all services delivered up to the date of termination at a reasonable rate for labour, such rates to be agreed with the Supplier; and 9.3.2. In the case of Goods that are in process of manufacture in accordance with the AMICUS’ delivery requirements, AMICUS may agree with the Supplier that the Goods are completed, delivered and paid for or, alternatively, AMICUS may pay reasonable compensation in respect of the cost of materials and labour involved in the production of such goods up to the time of the termination. termination.‌ No other damages or compensation shall be payable to the Supplier with respect to such early termination.‌termination. 9.4. Termination of the Contract for whatever reason, shall be without prejudice to the rights, duties and liabilities of either Party accrued prior to termination. The clauses in the Contract that expressly or impliedly have effect after termination shall continue to be enforceable notwithstanding termination.

Contract Term and Termination. 9.1. Unless terminated earlier in accordance with the Contract, the Contract shall commence upon the date of the Purchase Order and shall terminate upon the date that the Deliverables are delivered in accordance with the Contract.‌Contract. 9.2. Without prejudice to any other rights the Parties may have, either Party shall be at liberty to terminate the Contract forthwith in the event: 9.2.1. Of material breach or non-observance of the terms and conditions of the Contract;Contract;‌ 9.2.2. That the other Party has a receiver appointed of any of its assets or property or has a petition presented for a bankruptcy, administration or winding up order or a proposal is made for a composition or arrangement with its creditors. 9.3. AMICUS reserves the right to terminate this Contract at any time prior to the delivery of all the Deliverables required to be delivered under the Contract by giving notice in writing. In the event of such early termination:‌termination: 9.3.1. In the case of Services to be delivered under the Contract, AMICUS shall pay for all services delivered up to the date of termination at a reasonable rate for labour, such rates to be agreed with the Supplier; and 9.3.2. In the case of Goods that are in process of manufacture in accordance with the AMICUS’ delivery requirements, AMICUS may agree with the Supplier that the Goods are completed, delivered and paid for or, alternatively, AMICUS may pay reasonable compensation in respect of the cost of materials and labour involved in the production of such goods up to the time of the termination. No other damages or compensation shall be payable to the Supplier with respect to such early termination.‌termination. 9.4. Termination of the Contract for whatever reason, shall be without prejudice to the rights, duties and liabilities of either Party accrued prior to termination. The clauses in the Contract that expressly or impliedly have effect after termination shall continue to be enforceable notwithstanding termination.

Contract Term and Termination. 9.1. Unless terminated earlier in accordance with the Contract, the Contract shall commence upon the date of the Purchase Order and shall terminate upon the date that the Deliverables are delivered in accordance with the Contract.‌Contract. 9.2. Without prejudice to any other rights the Parties may have, either Party shall be at liberty to terminate the Contract forthwith in the event: 9.2.1. Of material breach or non-observance of the terms and conditions of the Contract;Contract;‌ 9.2.2. That the other Party has a receiver appointed of any of its assets or property or has a petition presented for a bankruptcy, administration or winding up order or a proposal is made for a composition or arrangement with its creditors. 9.3. AMICUS reserves the right to terminate this Contract at any time prior to the delivery of all the Deliverables required to be delivered under the Contract by giving notice in writing. In the event of such early termination:‌termination: 9.3.1. In the case of Services to be delivered under the Contract, AMICUS shall pay for all services delivered up to the date of termination at a reasonable rate for labour, such rates to be agreed with the Supplier; and 9.3.2. In the case of Goods that are in process of manufacture in accordance with the AMICUS’ delivery requirements, AMICUS may agree with the Supplier that the Goods are completed, delivered and paid for or, alternatively, AMICUS may pay reasonable compensation in respect of the cost of materials and labour involved in the production of such goods up to the time of the termination. termination.‌ No other damages or compensation shall be payable to the Supplier with respect to such early termination.‌termination. 9.4. Termination of the Contract for whatever reason, shall be without prejudice to the rights, duties and liabilities of either Party accrued prior to termination. The clauses in the Contract that expressly or impliedly have effect after termination shall continue to be enforceable notwithstanding termination.