Common use of Termination by the PO Clause in Contracts

Termination by the PO. The PO may decide the termination of the contract without any obligation on his part in the following situations: a) In the case of a change of legal, financial, technical, organisational or ownership situation of the Project Promoter that could affect substantially the contract or that would call into question the decision to award the grant; b) If the Project Promoter and the Responsible fail to fulfil a substantial obligation under the terms of the contract, including those contained in the Annexes; c) In case of force majeure or if the action has been suspended due to exceptional reasons; d) If the Promoter is declared bankrupt, in liquidation, is having his affairs in judicial administration, has entered into an arrangement with creditors, has suspended activities, is the subject of other proceedings concerning these matters or in cases provided for by the law or the national regulations; e) If the PO has evidence or seriously suspects the Project Promoter or Responsible or any entity or person related to them, of improper professional conduct; f) If the Project Promoter has not fulfilled the obligations relating to the payment of social security contributions or the payment of taxes and fees in accordance with the laws of Romania (only for legal persons); g) If the PO has evidence or seriously suspects the Project Promoter or Responsible or any organisation or person linked to them of fraud, corruption, involvement in a criminal organization or any other illegal activity detrimental to the financial interests of the European Union; h) If the PO has evidence or seriously suspects the Project Promoter or Responsible or any organisation or person related to them, of errors, irregularities or fraud in the award procedure or performance of the contract; i) If the Project Promoter or Responsible has made false statements or reports inconsistent with the reality to obtain the grant provided for in the contract.

Termination by the PO. The PO may decide the on termination of the contract without any agreement with no obligation on his its part in the following situations: a) In the in case of a change of in legal, financial, technical, organisational or ownership situation of the Project Promoter that could might significantly affect substantially the contract agreement or that would call into question the decision to award the grant; b) If if the Project Promoter and the Responsible fail fails to fulfil a substantial obligation under the terms of the contractagreement, including those contained in the Annexes; c) In in case of force majeure or if the action has been suspended due to exceptional reasons;; 7 According to the model available at: xxxx://xxx.xxx0xxx.xx/ d) If if the Promoter PP is declared bankrupt, in liquidation, is having his affairs in judicial administration, has entered into an arrangement with creditors, has suspended activities, is the subject of other proceedings concerning these matters or in cases provided for by the law or the national regulations; e) If if the PO has evidence or seriously suspects the Project Promoter or Responsible or any entity or person related to them, of improper professional conduct; f) If if the Project Promoter has not fulfilled the obligations relating to the payment of social security contributions or the payment of taxes and fees in accordance with the laws of Romania (only for legal personsentities); g) If if the PO has evidence or seriously suspects the Project Promoter or Responsible or any organisation entity or person linked to them of fraud, corruption, involvement in a criminal organization or any other illegal activity detrimental to the financial interests of the European UnionDonor States or Romania; h) If if the PO has evidence or seriously suspects the Project Promoter or Responsible or any organisation entity or person related to them, them of errors, irregularities or fraud in the award procedure or performance of the contractagreement; i) If if the Project Promoter or Responsible has made false statements or reports inconsistent with the reality in order to obtain the grant provided for in the contractfrom agreement.

Termination by the PO. The PO may decide the on termination of the contract without any agreement with no obligation on his its part in the following situations:: 7 According to the model available at: xxxx://xxx.xxx0xxx.xx/ a) In the in case of a change of in legal, financial, technical, organisational or ownership situation of the Project Promoter that could might significantly affect substantially the contract agreement or that would call into question the decision to award the grant; b) If if the Project Promoter and the Responsible fail fails to fulfil a substantial obligation under the terms of the contractagreement, including those contained in the Annexes; c) In in case of force majeure or if the action has been suspended due to exceptional reasons; d) If if the Promoter PP is declared bankrupt, in liquidation, is having his affairs in judicial administration, has entered into an arrangement with creditors, has suspended activities, is the subject of other proceedings concerning these matters or in cases provided for by the law or the national regulations; e) If if the PO has evidence or seriously suspects the Project Promoter or Responsible or any entity or person related to them, of improper professional conduct; f) If if the Project Promoter has not fulfilled the obligations relating to the payment of social security contributions or the payment of taxes and fees in accordance with the laws of Romania (only for legal personsentities); g) If if the PO has evidence or seriously suspects the Project Promoter or Responsible or any organisation entity or person linked to them of fraud, corruption, involvement in a criminal organization or any other illegal activity detrimental to the financial interests of the European UnionDonor States or Romania; h) If if the PO has evidence or seriously suspects the Project Promoter or Responsible or any organisation entity or person related to them, them of errors, irregularities or fraud in the award procedure or performance of the contractagreement; i) If if the Project Promoter or Responsible has made false statements or reports inconsistent with the reality in order to obtain the grant provided for in the contractfrom agreement.

Termination by the PO. The PO may decide to terminate the termination of the contract agreement, without any obligation indemnity on his part its part, in the following situationscircumstances: a) In in the case event of a change of to the Project Promoter’s legal, financial, technical, organisational organizational or ownership situation of that is liable to affect the Project Promoter that could affect agreement substantially the contract or that would to call into question the decision to award the grant; b) If if the Project Promoter and the Responsible fail fails to fulfil fulfill a substantial obligation incumbent on him/her under the terms of the contractagreement, including those contained in the Annexesits annexes; c) In case in the event of force majeure or if the action has been suspended due to as a result of exceptional reasonscircumstances; d) If if the Promoter is declared bankrupt, in liquidationis being wound up, is having his affairs in judicial administrationadministered by the courts, has entered into an arrangement with creditors, has suspended business activities, is the subject of any other similar proceedings concerning these matters those matters, or is in cases an analogous situation arising from a similar procedure provided for by the law in national legislation or the national regulations; e) If where the PO has evidence or seriously suspects the Project Promoter or Responsible or any related entity or person related to themperson, of improper professional conductmisconduct; f) If if the Project Promoter has not fulfilled the obligations relating to the payment of social security contributions or the payment of taxes and fees in accordance with the laws legal provisions of Romania (only for legal personspersons only); g) If where the PO has evidence or seriously suspects the Project Promoter or Responsible any related entity or any organisation or person linked to them person, of fraud, corruption, involvement in a criminal organization or any other illegal activity detrimental to the European Union financial interests of the European Unioninterest; h) If where the PO has evidence or seriously suspects the Project Promoter or Responsible any related entity or any organisation or person related to themperson, of substantial errors, irregularities or fraud in the award procedure or performance the implementation of the contractagreement; i) If if the Project Promoter or Responsible promoter has made false statements declarations or submits reports inconsistent with the reality to obtain the grant provided for in the contractagreement. In the cases referred to in points (e), (g) and (h) above, any related person shall mean any physical person with powers of representation, decision-making or control in relation to the Project promoter. Any related entity shall mean in particular any entity which meets the criteria laid down by Article 1 of the Seventh Council Directive n° 83/349/EEC of 13 June 1983.