Failure to Fulfil Contractual Obligations. Any Contracting Party which fails to fulfil its obligations under this Agreement within sixty days after its receipt of notice, specifying the nature of such failure and invoking this paragraph, may be deemed by the Executive Committee, acting by unanimity, to have withdrawn from this Agreement.
Failure to Fulfil Contractual Obligations. Should any Participant fail to fulfil its obligations under this Agreement, the Executive Committee shall give that Participant written notice, specifying the failure and invoking this Article. If, 60 days after receipt of such notice, the Participant remains in default of its obligations, the Executive Committee (not including the Participant said to be in default), acting by unanimous vote, may deem the Participant to have withdrawn from this Agreement and shall so notify the Participant in writing.
Failure to Fulfil Contractual Obligations. (1) Any Participant in a Task which, in the opinion of the Executive Committee acting by unanimity of the other Participants in that Task, fails to fulfil its obligations under that Task shall be given a written notice invoking this paragraph and specifying the nature of such failure;
Failure to Fulfil Contractual Obligations. Failure on the part of the Beneficiary or, where applicable, of the other companies of the Group of the Beneficiary to ensure full and punctual performance (this being equal to non occurrence of the promise of obligation of third party) of one or more of the obligations listed in annex 14.
