Termination for Authority’s Default Clause Samples
The 'Termination for Authority’s Default' clause allows the other party to end the contract if the Authority fails to meet its key obligations or breaches the agreement. Typically, this clause outlines specific events or failures—such as non-payment, persistent breaches, or insolvency—that would trigger the right to terminate. By providing a clear mechanism for contract termination in the event of the Authority’s default, this clause protects the non-defaulting party from being bound to a non-performing or unreliable counterparty.
Termination for Authority’s Default. In the event that any of the defaults specified below shall have occurred, and the Authority fails to cure such default within a Cure Period of 60 (sixty) days or such longer period as has been expressly provided in this Contract, the Authority shall be deemed to be in default of this Contract (the “Authority Event of Default”) unless the default has occurred as a result of any breach of this Contract by the Operator or due to Force Majeure. The defaults referred to herein shall include the following:
a. the Authority commits a material default in complying with any of the provisions of this Contract and such default has a Material Adverse Effect on the Operator; or
b. the Authority has failed to make any payment to the Operator within the period specified in this Contract; or
c. the Authority repudiates this Contract or otherwise takes any action that amounts to or manifests an irrevocable intention not to be bound by this Contract. Without prejudice to any other right or remedy which the Operator may have under this Contract, upon occurrence of an Authority Event of Default, the Operator shall, be entitled to terminate this Contract by issuing a Termination Notice to the Authority; provided that before issuing the Termination Notice, the Operator shall by a notice inform the Authority of its intention to issue the Termination Notice and grant 15 (fifteen) days to the Authority to make a representation, and may after the expiry of such 15 (fifteen) days, whether or not it is in receipt of such representation, issue the Termination Notice.
Termination for Authority’s Default. 16.4.1 In addition to any other termination events described in the Contract, the Contractor shall be entitled to terminate the Contract to the extent of its Scope of Project if:
(a) the Contractor does not receive any undisputed payment within [60 (sixty)] days after the Payment Due Date;
(b) the Authority fails to perform any of its material obligations under this Contract or is in material breach of any obligations under this Contract;
(c) the Authority suspends Contractor’s entire Scope of Project for a period of more than 180 (one hundred and eighty) days;
(d) the Authority becomes bankrupt or insolvent, goes into liquidation, has a receiving or administration order made against it compounds with its creditors, or carries on business under a receiver, trustee or manager for the benefit of its creditors, or if any act is done or event occurs which (under Applicable Laws) has a similar effect to any of these acts or events.
16.4.2 In any of these events or circumstances, the Contractor may, upon giving 14 (fourteen) days' written notice to the Authority, and if the default is not rectified within the period of 30 (thirty) days, terminate the Contract.
16.4.3 The termination of the Contract by the Contractor shall not prejudice any other rights of the Authority, under the Contract or otherwise.
Termination for Authority’s Default. 16.3.1 In addition to any other termination events described in the Contract, the Contractor shall be entitled to terminate the Contract to the extent of its Scope of Project if unless the default has occurred as a result of any breach of this Agreement by the Contractor or due to Force Majeure:
a. The Authority is made bankrupt or goes into liquidation other than for a reconstructions or amalgamation.
16.3.2 In any of these events or circumstances, the Contractor may, give written notice to the Authority to rectify the default within 30 days from the date on which the notice is delivered by the Contractor to the Authority asking the latter to cure the breach or default specified in such notice (“Cure Period”) or any other extended period as may be agreed between the Authority and the Contractor, and if the default is not rectified within the said period of 30 (thirty) days or such extended period as may be agreed to between the Parties, terminate the Contract.
16.3.3 The termination of the Contract by the Contractor shall not prejudice any other rights of the Authority, under the Contract or otherwise.
Termination for Authority’s Default. 16.3.1 In addition to any other termination events described in the Contract, the Contractor shall be entitled to terminate the Contract to the extent of its Scope of Project if unless the default has occurred as a result of any breach of this Agreement by the Contractor or due to Force Majeure.
a. the Contractor does not receive any undisputed payment within [60 (sixty)] days after the Payment Due Date;
b. the Authority fails to perform any of its material obligations under this Contract or is in material breach of any obligations under this Contract;
c. the Authority suspends Contractor’s entire Scope of Project for a period of more than180 (one hundred and eighty) days;
d. the Authority becomes bankrupt or insolvent, goes into liquidation, has a receiving or administration order made against it compounds with its creditors, or carries on business under a receiver, trustee or manager for the benefit of its creditors, or if any act is done or event occurs which (under Applicable Laws) has a similar effect to any of these acts or events.
16.3.2 In any of these events or circumstances, the Contractor may, give written notice to the Authority to rectify the default within30 days from the date on which the notice is delivered by the Contractor to the Authority asking the latter to cure the breach or default specified in such notice (“Cure Period”) or any other extended period as may be agreed between the Authority and the Contractor, and if the default is not rectified within the said period of 30 (thirty) days or such extended period as may be agreed to between the Parties, terminate the Contract.
16.3.3 The termination of the Contract by the Contractor shall not prejudice any other rights of the Authority, under the Contract or otherwise.
Termination for Authority’s Default. 15.6.1 In addition to any other termination events described in the Contract, the Service Provider shall be entitled to terminate the Contract to the extent of its Scope of Project if:
(a) the Service Provider does not receive any undisputed payment within [30 (thirty)] days after the Payment Due Date;
(b) the Authority fails to perform any of its material obligations under this Contract or is in material breach of any obligations under this Contract;
(c) the Authority suspends Service Provider’s entire Scope of Project for a period of more than 180 (one hundred and eighty) days;
(d) the Authority becomes bankrupt or insolvent, goes into liquidation, has a receiving or administration order made against it compounds with its creditors, or carries on business under a receiver, trustee or manager for the benefit of its creditors, or if any act is done or event occurs which (under Applicable Laws) has a similar effect to any of these acts or events.
Termination for Authority’s Default. In the event that any of the defaults specified below shall have occurred, and the Authority fails to cure such default within a Cure Period of 60 (sixty) days or such longer period as has been expressly provided in this Contract, the Authority shall be deemed to be in default of this Contract (the “Authority Event of Default”) unless the default has occurred as a result of any breach of this Contract by the Operator or due to Force Majeure. The defaults referred to herein shall include the following: