Common use of Termination due to Contracting Authority Default Clause in Contracts

Termination due to Contracting Authority Default. (a) The Contractor may terminate this Agreement as of a date specified by it, if a situation of a Contracting Authority Default exists and the Contracting Authority does not remedy that situation within a reasonable period of time as referred to in Article 11.2 (a) and (b), unless the Contracting Authority Default, given its particular nature or limited significance, does not warrant termination with all of the associated consequences. (b) In the case of termination pursuant to paragraph (a), the Contracting Authority must pay the Contractor compensation in accordance with Schedule 4 (Compensation for premature termination), paragraph 2 (Termination due to a Contracting Authority Default or discretionary termination by the Contracting Authority).

Termination due to Contracting Authority Default. (a) The Contractor may terminate this Agreement as of on a date specified by it, that it specifies if a situation of a Contracting Authority Default exists and the Contracting Authority does not remedy that situation within a reasonable period of time as referred to specified in Article 11.2 11.2, Paragraphs (a) and (b), unless the Contracting Authority Default, given its particular in view of the situation’s extraordinary nature or limited minimal significance, does not warrant termination with all of the associated consequences. (b) In the case event of termination pursuant to paragraph Paragraph (a), the Contracting Authority must pay compensation to the Contractor compensation in accordance with Section 2 (Termination due to Contracting Authority Default or Discretionary Termination by the Contracting Authority) of Schedule 4 (Compensation for premature termination), paragraph 2 (Termination due to a Contracting Authority Default or discretionary termination by the Contracting AuthorityEarly Termination).