Terminating the Contract. 1. This Contract shall terminate when the Borrower returns the total borrowed natural gas quantity to MFGT, or MFGT re-enters it into its own stock as per Section VII.3 – except for the cases of termination due to breach of contract or cancellation specified in Section XVI.4.
2. Terminating the Contract by extraordinary termination.
a) Either party shall be entitled to terminate the contract in writing, without justification and with immediate effect after becoming aware of the other party’s material breach of contract.
b) MFGT may terminate this contract with immediate effect if - Borrower defaults on the own stock transfer deadline as per Chapter VII, Section 1; - Borrower defaults on any date or condition of the return Schedule specified in Chapter VII, Section 2 or Chapter VII, Section 3, or - Borrower returns Natural Gas with energy quantity equal to that of the Natural Gas Lent, deviating from the quality parameters prescribed by Annex No. 11 of the Gas Act Implementation Decree; or - MFGT finds that a material unfavourable change has occurred in the Borrower’s conditions, and the Borrower fails to provide a due collateral to MFGT upon request, or - Borrower obstructs the investigation relating to its solvency, or to the coverage, collateral or implementation of purpose of the Natural Gas Lent, or - the Borrower’s conduct to conceal assets threatens the possibility of Returning the Natural Gas Lent, or - the value or enforceability of any collateral is terminated or significantly decreased, which the Borrower fails to supplement upon MFGT’s request, or - Borrower fails to fulfil its obligations to increase the bank guarantee as set out in Chapter XIV, Section 1 on Guarantee, Subsection 2, or - Borrower delays the fulfilment of any other payment obligation as per the loan contract, and fails to remedy such default when notified, or - if a competent court orders a non-binding winding-up, bankruptcy or liquidation procedure against the Borrower, or if a competent authority suspends or revokes its operational licence, or - due to a breach of contract deemed by MFGT as a material breach.
c) Either Party may terminate this contract with immediate effect if deceived by the other Party, and this affected the conclusion or the content of the contract.
3. In the event of termination, Parties shall settle with each other.
a) In the event of extraordinary termination and in the case specified in the second paragraph of Section XVI 2c), the loan automatically exp...
Terminating the Contract. Article 13
Terminating the Contract. 8.1 You may terminate this Contract at any time by giving us 28 days' written notice.
8.2 Either of us may terminate this Contract by giving written notice to the other (and the termination shall be effective immediately) if:
8.2.1 the other Party commits any material or persistent breach of the terms and conditions of this Contract and:
(a) the breach cannot be remedied; or
(b) where the breach can be remedied, it has not been remedied within 30 days of the Party in breach having been notified of the breach by the other and asked to take steps to remedy the breach; or
Terminating the Contract. Other actions that may result in remedial actions include, but are not limited to:
Terminating the Contract. 10.1 The Customer may cancel the Contract or any part of the Service within ten working days from the date that the Customer agrees to proceed with the contract without additional charge, other than those charges actually incurred by under clause 10.6. Thereafter, if the Customer cancels the Contract or any part of the Service any time before Microcare provides the Service the Customer will pay Microcare the early termination charges calculated in accordance with clause 10.6.
10.2 The Contract may be ended by either party upon giving the other one calendar month’s prior written notice to the other.
10.3 If the Customer or Microcare ends the Contract during the Minimum Period the Customer will pay Microcare the Early Termination Charges set out in clause 10.6. This clause will not apply if:
(a) the Customer ends the Contract during the Minimum Period because Microcare is in material breach of the Contract and fails to remedy such breach within 30 days of receiving a request from the Customer to remedy the breach; (subject to the breach being capable of being remedied by Microcare);or
(b) the Customer gives notice to end the Contract within ten working days of Microcare notifying the Customer of an increase to the charges or changes to the Terms and Conditions in either case to the Customer's significant detriment; or
(c) a Customer as a Business Customer wishes to cancel the Contract at any time prior to the Service Start Date by giving written notice to Microcare or contacting Microcares’ customer services. Microcare will inform the Customer of the Service Start Date by issuing a Notification Letter to the Customer. For the avoidance of doubt, any costs incurred by the Customer prior to the cancellation of the Contract shall be charged to the Customer and become payable in accordance with clause 8.
(d) Microcare ends the Contract of the Service during the Minimum Period for any reason other than because of a default of the Customer
(e) the Contract ends because clause 15.1 applies
10.4 The Customer may end the Contract if:
(a) Microcare materially breaches the Contract and fails to remedy the breach within 30 days of receiving a request from the Customer to remedy the breach(subject to the breach being capable of being remedied by Microcare); or
(b) insolvency proceedings are brought against Microcare or Microcare makes an arrangement with its creditors or a receiver, an administrative receiver or an administrator is appointed over any of Microcares’ asset...
Terminating the Contract. The Company shall be entitled to terminate the contact at any time, should a breach of the terms and conditions occur.
Terminating the Contract. You can terminate the rental contract on the first day of the month, subject to a notice period of one calendar month.
Terminating the Contract. 1. This Contract shall terminate if any of the conditions as per Chapter II, Clause 5 exists – except for the cases of termination due to breach of contract.
2. Terminating the Contract by extraordinary termination.
a) Either party shall be entitled to terminate the contract in writing, without justification and with immediate effect after becoming aware of the other party’s material breach of contract.
b) MFGT may terminate this contract with immediate effect if - Borrower fails to fulfil its payment obligations as per Chapter VII, Clause 2 within 3 business days after receiving a written notification to this effect, - HEPURA requires MFGT to replace the Natural Gas energy quantity not later than within 30 days, - following the conclusion of the Contract – MFGT finds that – a material change has occurred in the Borrower’s conditions due to which the performance of its material obligations assumed in the “Contract on lending and borrowing natural gas” is no longer reasonably possible. - Borrower has deceived MFGT, which affected the conclusion or the content of the contract, or - for any other reasons as per Section 6:38 of the Civil Code, or - anyone initiates a winding-up, bankruptcy or liquidation procedure against the Borrower, or a competent authority suspends or revokes its operational licence, or - due to a breach of contract deemed by MFGT as a material breach.
3. In the event that the Contract is terminated, MFGT shall not be obliged to grant any utilization (borrowing) right to the Borrower regarding the Natural Gas energy quantity.
Terminating the Contract. 1. This Contract shall terminate if any of the conditions as per Chapter II, Section 5 exists - except for the cases of termination due to breach of contract.
2. Terminating the Contract by extraordinary termination.
a) Either party shall be entitled to terminate the contract in writing, without justification and with immediate effect after becoming aware of the other party’s material breach of contract.
b) MFGT may terminate this contract with immediate effect if - Borrower fails to fulfil its payment obligations as per Chapter VII, Section 2 within 3 business days after receiving a written notification to this effect, In this case, the Borrower shall cease to be eligible for using the Gas Loan service; - HEPURA requires MFGT to replace the Natural Gas energy quantity immediately (but not later than within 30 days), in which case MFGT shall be entitled to terminate the contract with immediate effect even if the Borrower has already submitted its request for using the natural gas energy quantity; - following the conclusion of the Contract - MFGT finds that - a material change has occurred in the Borrower’s conditions due to which the performance of its material obligations assumed in the “Contract on lending and borrowing natural gas” is no longer reasonably possible, - Borrower has deceived MFGT, which affected the conclusion or the content of the contract, or - for any other reasons as per Section 6:38 of the Civil Code, or - if anyone initiates a winding-up, bankruptcy or liquidation procedure against the Borrower, or if a competent authority suspends or revokes its operational licence, or - due to a breach of contract deemed by MFGT as a material breach.
3. In the event that the Contract is terminated, MFGT shall not be obliged to grant any utilization (borrowing) right to the Borrower regarding the Natural Gas energy quantity.
Terminating the Contract. 10.1 The Customer may terminate this Contract if the Contractor:
10.1.1 fails to carry out the Works in a competent and proper manner; or
10.1.2 is not at the property regularly to carry out the Work; or
10.1.3 fails to meet Health & Safety or Environmental responsibilities
10.2 The Contractor may terminate this Contract if the Customer:
10.2.1 fails to pay an amount due on time, without having good reason; or
10.2.2 fails to allow the Contractor proper access to the Site premises to carry out the Works
10.3 If either party becomes insolvent then this contract will be terminated unless an appointed administrator makes suitable provision for the continuance of the contract.
10.4 In the event that this Contract is terminated by either party, the Contractor is entitled to be paid a fair price for the Works done by him, taking into consideration the cost under Clause 5 and the cost incurred by the Customer in having an alternative contractor to complete the Works.
