Right to End. 10.2.1 A Right to End arises where:
Right to End. During this agreement, either party: (check one) - may terminate this agreement with at least a [#] statement. ■ This Agreement cannot be terminated and both parties must abide by the terms of this Agreement until the end of this period. V.
Right to End the Negotiations of Restructuring Contract (“Contract”) in case of Legal Proceedings Against Debtor According to new regulation in the Framework Agreement, during the negotiation process of the Contract, in case other creditors who are not a party to the Framework Agreement, have initiated legal proceedings regarding in excess of 25% of total debt amount of the debtor and if these proceedings have not been ruled out in 30 days (in any case provided that such process does not exceed 150 days starting from application of the debtor), the Contract negotiation may be terminated with certain quorum (75% of debts and 30% of creditors) by creditors who executed the Framework Agreement. In case the Contract negotiation is not terminated by creditors, each creditor has the right to discontinue the negotiations.
