Common use of Right to Re Clause in Contracts

Right to Re. enter 6.11.1 If there be any breach of any of the terms and conditions and covenants herein contained on the part of the SPD, KSPDCL shall have the right to re-enter into the possession of the Demised Premises or any part thereof and there upon the term hereby granted and right to renewal thereof shall absolutely cease and determine, and in that case no compensation shall be payable to the SPD on account of the buildings and improvements built or carried out on the Demised Premises by SPD. 6.11.2 Provided that KSPDCL shall not exercise such right without serving the SPD a notice in writing giving three months time to remedy the breach.

Appears in 5 contracts

Samples: Implementation and Support Agreement, Implementation and Support Agreement, Implementation and Support Agreement

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