Common use of Termination by Supplier Clause in Contracts

Termination by Supplier. (a) The Supplier may terminate the Agreement by giving Xxxxxxx notice if any step is taken to appoint a receiver, a trustee and manager (or either of them) (including a statutory manager), a provisional liquidator, a liquidator, an administrator or other like person of the whole or part of Xxxxxxx' assets, operations or business. (b) If an amended or new Seasonal Pricing Letter is issued by Xxxxxxx under clause 2, subject to the Seasonal Price being below the Minimum Price, then at any time within 21 days after receiving notice of the amended or new Seasonal Pricing Letter, the Supplier may terminate the Agreement by a further 21 days-notice, or the date of which the Seasonal Price takes effect, whichever is the sooner, in writing to Xxxxxxx (Notice Period). Subject to this clause 5.4 (b) the Supplier may rescind the termination notice at any time within those 21 days. (c) Before the date of termination under clause 5.4(b), either party must (on request from the other party) reasonably negotiate with the other party to seek to reach agreement on the terms of a new Seasonal Pricing Letter that are mutually acceptable to the parties. If the parties: (i) reach agreement prior to expiry of the Notice Period, then the Supplier's termination notice under clause 5.4(b) will automatically be withdrawn and the Agreement will continue on the terms agreed by the parties; or (ii) do not reach agreement prior to expiry of the Notice Period, this Agreement will expire on the last day of the Notice Period.

Termination by Supplier. (a) The Supplier may terminate the Agreement by giving Xxxxxxx Brownes notice if any step is taken to appoint a receiver, a trustee and manager (or either of them) (including a statutory manager), a provisional liquidator, a liquidator, an administrator or other like person of the whole or part of XxxxxxxBrownes' assets, operations or business. (b) If an amended or new Seasonal Pricing Letter is issued by Xxxxxxx Brownes under clause 2, subject to the Seasonal Price being below the Minimum Price, then at any time within 21 days after receiving notice of the amended or new Seasonal Pricing Letter, the Supplier may terminate the Agreement by a further 21 days-notice, notice or the date of which the Seasonal Price takes effect, whichever is the sooner, in writing to Xxxxxxx Brownes (Notice Period). Subject to this clause 5.4 (b) the Supplier may rescind the termination notice at any time within those 21 days. (ca) Before the date of termination under clause 5.4(b), either party must (on request from the other party) reasonably negotiate with the other party to seek to reach agreement on the terms of a new Seasonal Pricing Letter that are mutually acceptable to the parties. If the parties: (i) reach agreement prior to expiry of the Notice Period, then the Supplier's termination notice under clause 5.4(b) will automatically be withdrawn and the Agreement will continue on the terms agreed by the parties; or (ii) do not reach agreement prior to expiry of the Notice Period, this Agreement will expire on the last day of the Notice Period.

Termination by Supplier. (a) The Supplier may terminate the Agreement by giving Xxxxxxx Brownes notice if any step is taken to appoint a receiver, a trustee and manager (or either of them) (including a statutory manager), a provisional liquidator, a liquidator, an administrator or other like person of the whole or part of XxxxxxxBrownes' assets, operations or business. (b) If an amended or new Seasonal Pricing Letter is issued by Xxxxxxx Brownes under clause 2, subject to the Seasonal Price being below the Minimum Price, which then has a material adverse impact on the Supplier, then at any time within 21 days after receiving notice of the amended or new Seasonal Pricing Letter, the Supplier may terminate the Agreement by a further 21 days-notice, or the date of which the Seasonal Price takes effect, whichever is the sooner, notice in writing to Xxxxxxx Brownes (Notice Period). Subject to this clause 5.4 (b) the Supplier may rescind the termination notice at any time within those 21 days. . (c) Before the date of termination under clause 5.4(b), either party must (on request from the other party) reasonably negotiate with the other party to seek to reach agreement on the terms of a new Seasonal Pricing Letter that are mutually acceptable to the parties. If the parties: (i) reach agreement prior to expiry of the Notice Period, then the Supplier's termination notice under clause 5.4(b) will automatically be withdrawn and the Agreement will continue on the terms agreed by the parties; or (ii) do not reach agreement prior to expiry of the Notice Period, this Agreement will expire on the last day of the Notice Period.

Termination by Supplier. (a) The Supplier may terminate the Agreement by giving Xxxxxxx Brownes notice if any step is taken to appoint a receiver, a trustee and manager (or either of them) (including a statutory manager), a provisional liquidator, a liquidator, an administrator or other like person of the whole or part of XxxxxxxBrownes' assets, operations or business. (b) If an amended or new Seasonal Pricing Letter is issued by Xxxxxxx Brownes under clause 2, subject to the Seasonal Price being below the Minimum Price, which then has a material adverse impact on the Supplier, then at any time within 21 days after receiving notice of the amended or new Seasonal Pricing Letter, the Supplier may terminate the Agreement by a further 21 days-notice, or the date of which the Seasonal Price takes effect, whichever is the sooner, notice in writing to Xxxxxxx Brownes (Notice Period). Subject to this clause 5.4 (b) the Supplier may rescind the termination notice at any time within those 21 days. (c) Before the date of termination under clause 5.4(b), either party must (on request from the other party) reasonably negotiate with the other party to seek to reach agreement on the terms of a new Seasonal Pricing Letter that are mutually acceptable to the parties. If the parties: (i) reach agreement prior to expiry of the Notice Period, then the Supplier's termination notice under clause 5.4(b) will automatically be withdrawn and the Agreement will continue on the terms agreed by the parties; or (ii) do not reach agreement prior to expiry of the Notice Period, this Agreement will expire on the last day of the Notice Period.