Common use of Termination for Concessionaire Event of Default Clause in Contracts

Termination for Concessionaire Event of Default. (i) Without prejudice to any other right or remedy which MCD may have in respect thereof under this Agreement, upon the occurrence of a Concessionaire Event of Default, MCD may subject to the provisions of the Substitution Agreement, terminate this Agreement in the manner as set out under Clause 9.2(a)(ii) and Clause 9.2(a)(iii). (ii) If MCD decides to terminate this Agreement pursuant to preceding clause (i), it shall in the first instance issue Preliminary Notice to the Concessionaire. Within thirty

Appears in 6 contracts

Samples: Collection, Segregation, Transportation, and Disposal of Municipal Solid Waste Agreement, Collection, Segregation, Transportation, and Disposal of Municipal Solid Waste Agreement, Collection, Segregation, Transportation, and Disposal of Municipal Solid Waste Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!