Common use of Termination for Insolvency or Breach Clause in Contracts

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.

Appears in 3 contracts

Samples: Formal Agreement, Formal Agreement, Formal Agreement

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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 18.16; 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.

Appears in 2 contracts

Samples: Formal Agreement, Formal Agreement

Termination for Insolvency or Breach. If: an Insolvency Event occurs to the Contractor, or where the Contractor comprises two 2 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(a9.5(a) or (b), the Contractor fails to comply with clause 9.7(a)9.6; or the Contractor fails to comply with: clause 2119; or if clause 22 20 applies, clause 2220, 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.

Appears in 1 contract

Samples: Panel Agreement

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Termination for Insolvency or Breach. If: an Insolvency Event occurs to the Contractor, or where the Contractor comprises two 2 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)9.7; 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.

Appears in 1 contract

Samples: Formal Agreement

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