Termination for Insolvency or Breach Sample Clauses

Termination for Insolvency or Breach. If: an Insolvency Event occurs to the Consultant or, where the Consultant comprises 2 or more persons, to any one of those persons; the Consultant does not remedy a breach of Contract the subject of a notice under clause 11.3 within the number of days set out in the Contract Particulars of receiving the notice under clause 11.3; or the Consultant fails to comply with: clause 15; or if clause 16 applies, clause 16, then the Commonwealth may by written notice to the Consultant immediately (and without having to first give a notice under clause 11.3 (except in the case of paragraph (b)) terminate the Contract.
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Termination for Insolvency or Breach. If: an Insolvency Event occurs to the Consultant or, where the Consultant comprises two or more persons, to any one of those persons; the Consultant does not remedy a failure or breach the subject of a notice under clause 12.3 within the number of days specified in the Subcontract Particulars of receiving the notice under clause 12.3; a direction has been given under clause 7.2, the Consultant fails to comply with clause 7.3; or the Consultant fails to comply with:
Termination for Insolvency or Breach. If: an Insolvency Event occurs to the Subcontractor, or where the Subcontractor comprises 2 or more persons, to any one of those persons; the Subcontractor does not remedy a failure or breach the subject of a notice under clause 14.3 within the number of days specified in the Subcontract Particulars of receiving the notice under clause 14.3; if an instruction has been given under clause 9.6(a) or (b), the Subcontractor fails to comply with clause 9.7; or the Subcontractor fails to comply with: clause 21; or if clause 22 applies, clause 22, then the Contractor may by written notice to the Subcontractor immediately (and without having to first give a notice under clause 14.3, except in the case of paragraph (b)) terminate the Subcontract.
Termination for Insolvency or Breach. If: an Insolvency Event occurs to the Contractor, or where the Contractor comprises two or more persons, to any one of those persons; the Contractor does not remedy a failure or breach the subject of a notice under clause 14.3 within the number of days specified in the Contract Particulars of receiving the notice under clause 14.3; an instruction has been given under clause 9.6(a) or (b), the Contractor fails to comply with clause 9.7(a); or the Contractor fails to comply with: clause 21; or if clause 22 applies, clause 22, then the Commonwealth may by written notice to the Contractor immediately (and without having to first give a notice under clause 14.3, except in the case of paragraph (b)) terminate the Contract.
Termination for Insolvency or Breach. If: an Insolvency Event occurs to the Contractor, or where the Contractor comprises two or more persons, to any one of those persons; the Contractor does not remedy a failure or breach the subject of a notice under clause 14.3 within the number of days specified in the Contract Particulars of receiving the notice under clause 14.3; an instruction has been given under clause 9.6(a) or (b), the Contractor fails to comply with clause 9.7; or the Contractor fails to comply with:
Termination for Insolvency or Breach. If the Consultant: suffers an Insolvency Event; or fails to comply with clause 14, and if clause 15 applies, clause 15, the Commonwealth may immediately terminate the Consultant's Panel Agreement by written notice.
Termination for Insolvency or Breach. 12.1 Without prejudice to its rights at common law, the University may, by notice in writing to the Supplier, terminate the Contract if the Supplier: (a) becomes bankrupt or insolvent; being a partnership, becomes dissolved; makes an assignment of its estate for the benefit of creditors or enters into any arrangement or composition with its creditors or has a receiver or receiver and manager appointed; goes into liquidation or passes a resolution to go into liquidation, otherwise than for the purpose of reconstruction; or becomes subject to any petition or proceedings in a court for its compulsory winding-up or becomes subject to supervision of a court either voluntarily or otherwise; or suffers any execution against its assets; or (b) fails: (i) to commence performance of the Contract or to proceed at a rate of progress so as to ensure the due and proper completion of the Contract; or (ii) to take action to remedy a breach of any other obligation under the Contract within seven (7) days of being given notice by the University requiring the Supplier to remedy the breach; or to remedy a breach referred to in this paragraph within fourteen (14) days of being given the notice referred to; or (c) assigns its rights otherwise than in accordance with the requirements of the Contract. 12.2 Where, before termination of the Contract under clause 12.1, the University has made any payment in advance on account of the contract price to the Supplier, the total amount of that payment must be repaid by the Supplier to the University on termination and, if not repaid is recoverable by the University from the Supplier as a debt. 12.3 If the Contract is terminated under this clause: (a) the parties are relieved from future performance, without prejudice to any right of action that has accrued at the date of termination; (b) rights to recover damages are not affected; and (c) the Supplier must indemnify the University in respect of any loss it incurs in purchasing similar Goods and/or Services from other suppliers.
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Termination for Insolvency or Breach. If: an Insolvency Event occurs to the Consultant or, where the Consultant comprises two or more persons, to any one of those persons; the Consultant does not remedy a failure or breach the subject of a notice under clause 12.3 within the number of days specified in the Contract Particulars of receiving the notice under clause 12.3; a direction has been given under clause 7.2, the Consultant fails to comply with clause 7.3; or the Consultant fails to comply with: clause 19; or if clause 20 applies, clause 20, then the Commonwealth may by written notice to the Consultant immediately (and without having to first give a notice under clause 12.3 (except in the case of paragraph (b)) terminate the Contract.
Termination for Insolvency or Breach. If: an Insolvency Event occurs to the Subconsultant or, where the Subconsultant comprises two or more persons, to any one of those persons; the Subconsultant does not remedy a failure or breach the subject of a notice under clause 12.3 within the number of days specified in the Subcontract Particulars of receiving the notice under clause 12.3; a direction has been given under clause 7.2, the Subconsultant fails to comply with clause 7.3; or the Subconsultant fails to comply with:
Termination for Insolvency or Breach. Each Party shall be entitled to terminate this Agreement by written notice to the other Party (a) upon the bankruptcy, insolvency, dissolution or winding up of the other Party or (b) in the event that the other Party shall be in default of any of its obligations hereunder, and shall fail to remedy any such default within sixty (60) days (ten (10) days in the case of failure to make payments when due) after notice thereof by the non-breaching Party. Upon termination of this Agreement pursuant to this Section 10.2, neither Party shall be relieved of any obligations incurred prior to such termination and all other rights and remedies of the terminating Party shall not be affected by such termination.
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