Common use of Termination for Material Breach or Bankruptcy Clause in Contracts

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study valued at least EUR 5,000; (b) failure by the Contractor to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.6; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex C: Schedule of the Study, provided that such failure is not capable of being remedied during the Cure Period; (d) failure by the Principal to make any payment to the Contractor in accordance with this Agreement within at least fourteen (14) Working Days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 or any of the representations or warranties given by the Contractor under Clause 5.2 proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.10.

Appears in 2 contracts

Samples: Study Agreement, Study Agreement

AutoNDA by SimpleDocs

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.28.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized itemised description of the breach. For the purposes of this Clause 9.1 8.1 an event of material breach shall include any of the following: (a) 8.1.1. commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study Service valued at least EUR 5,000); (b) 8.1.2. failure by the Contractor Service Provider to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.6; (c) 8.1.3. failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in and/or Annex CD: Schedule of the StudyPayments for Service, provided that such failure is not capable of being remedied during the Cure Period;; or (d) 8.1.4. failure by the Principal to make any payment to the Contractor Service Provider in accordance with this Agreement within at least fourteen (14) Working Days days from the date of payment falling due; (e) 8.1.5. any of the representations or warranties given by either Party under Clause 5.1 2.6 or any of the representations or warranties given by the Contractor Service Provider under Clause 5.2 2.7 proving to be untrue; or (f) 8.1.6. breach by the Contractor Service Provider of the undertaking contained in Clause 8.109.10.

Appears in 1 contract

Samples: Recruitment Services Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized itemised description of the breach. For the purposes of this Clause Clause 9.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study valued at least EUR 5,000; (b) failure by the Contractor to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.67.5; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex C: C (Schedule of the Study), provided that such failure is not capable of being remedied during the Cure Period; (d) failure by the Principal to make any payment to the Contractor in accordance with this Agreement within at least fourteen (14) Working Days days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 or any of the representations or warranties given by the Contractor under Clause 5.2 proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.10.

Appears in 1 contract

Samples: Study Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.210.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 10.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study Service valued at least EUR 5,000); (b) failure by the Contractor Service Provider to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.68.6; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex B: Technical Specification and/or Annex C: Schedule of the StudyService, provided that such failure is not capable of being remedied during the Cure Period, within the term specified in the Objection Notice or within the Corrective Period; (d) failure by the Principal to make any payment to the Contractor Service Provider in accordance with this Agreement within at least fourteen (1415) Working Days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 or any of the representations or warranties given by the Contractor Service Provider under Clause 5.2 proving to be untrue; or (f) breach by the Contractor Service Provider of any of the representations or warranties contained in Clause 9.6 of the undertaking contained in Clause 8.109.10.

Appears in 1 contract

Samples: Organisation Services Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized itemised description of the breach. For the purposes of this Clause 9.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study valued at least EUR 5,000; (b) failure by the Contractor to duly address any of the matters raised in raisedin the second Objection Notice given by the Principal in accordance with Clause 7.676.; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex C: Schedule C S( chedule of the Study), provided that such failure is not capable of being remedied during the Cure Period; (d) failure by the Principal to make any payment to the Contractor in accordance with this Agreement within at least fourteen (14) Working Days days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 or any of the representations or warranties given by the Contractor under Clause 5.2 proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.10.

Appears in 1 contract

Samples: Study Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least 20,000 EUR 5,000 due to the other Party or perform any part of the Study valued at least EUR 5,00020,000 EUR; (b) failure by the Contractor to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.6; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex C: Schedule of the Study, provided that such failure is not capable of being remedied during the Cure Period; (d) failure by the Principal Beneficiary to make any payment to the Contractor in accordance with this Agreement within at least fourteen fifteen (1415) Working Days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 or any of the representations or warranties given by the Contractor under Clause 5.2 proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.108.11.

Appears in 1 contract

Samples: Study Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.28.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 8.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study Service valued at least EUR 5,000); (b) failure by the Contractor Service Provider to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.6; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex C: C (Scope of Service (Technical Specification)), Assignment Order and/or Annex D (Service Schedule of the Studyand Rates), provided that such failure is not capable of being remedied during the Cure Period;, within the term specified in the Objection Notice or within the Corrective Period; or (d) failure by the Principal to make any payment to the Contractor Service Provider in accordance with this Agreement within at least fourteen (14) Working Days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 2.5. or any of the representations or warranties given by the Contractor Service Provider under Clause 5.2 2.6. proving to be untrue; or (f) breach by the Contractor Service Provider of any of the representations or warranties contained in Clause 9.6 or breach by the Service Provider of the undertaking contained in Clause 8.109.10.

Appears in 1 contract

Samples: Professional Services

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.28.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized itemised description of the breach. For the purposes of this Clause 9.1 8.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study Service valued at least EUR 5,000); (b) failure by the Contractor Service Provider to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.6; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in and/or Annex CD: Schedule of the StudyPayments for Service, provided that such failure is not capable of being remedied during the Cure Period;; or (d) failure by the Principal to make any payment to the Contractor Service Provider in accordance with this Agreement within at least fourteen (14) Working Days days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 2.6 or any of the representations or warranties given by the Contractor Service Provider under Clause 5.2 2.7 proving to be untrue; or (f) breach by the Contractor Service Provider of the undertaking contained in Clause 8.109.10.

Appears in 1 contract

Samples: Recruitment Services Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.29.2 of this Agreement, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of Partyof any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. .For the purposes of this Clause 9.1 of this Agreement an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due least20,000 EURdue to the other Party or perform any part of the Study valued Servicesvalued at least EUR 5,00020,000 EUR; (b) failure by the Contractor to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.6Clause7.6; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in in (d) Annex C: Schedule of the Study, provided that such failure is not capable of being remedied during the Cure Period; (de) failure by the Principal to make any payment to the Contractor in accordance with this Agreement within at least fourteen fifteen (1415) Working Days from the fromthe date of payment falling due; (ef) any of the representations or warranties given by either Party under Clause 5.1 Clause5.1 of this Agreement or any of the representations or warranties given by the Contractor theContractor under Clause 5.2 of this Agreement proving to be untrue; or (fg) breach by the Contractor of the undertaking contained in Clause 8.10Clause8.11 of this Agreement.

Appears in 1 contract

Samples: Rams Consultancy Services Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party Parties in the event of material breach by the other Party Parties of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study valued at least EUR 5,000); (b) failure by the Contractor to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.67.5; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex C: C (Schedule of the Study), provided that such failure is not capable of being remedied during the Cure Period; (d) failure by the Principal Beneficiary to make any payment to the Contractor in accordance with this Agreement within at least fourteen (14) Working Days days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 or any of the representations or warranties given by the Contractor under Clause 5.2 proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.10.

Appears in 1 contract

Samples: Study Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.28.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized itemised description of the breach. For the purposes of this Clause 9.1 8.1 an event of material breach shall include any of the following: (a) 8.1.1 commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study Service valued at least EUR 5,000); (b) 8.1.2 failure by the Contractor Service Provider to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.6; (c) 8.1.3 failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in and/or Annex CD: Schedule of the StudyPayments for Service, provided that such failure is not capable of being remedied during the Cure Period;; or (d) 8.1.4 failure by the Principal to make any payment to the Contractor Service Provider in accordance with this Agreement within at least fourteen (14) Working Days days from the date of payment falling due; (e) 8.1.5 any of the representations or warranties given by either Party under Clause 5.1 2.6 or any of the representations or warranties given by the Contractor Service Provider under Clause 5.2 2.7 proving to be untrue; or (f) 8.1.6 breach by the Contractor Service Provider of the undertaking contained in Clause 8.109.10.

Appears in 1 contract

Samples: Recruitment Services Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study valued at least EUR 5,000; (b) failure by the Contractor to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.6; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex C: C (Schedule of the Study), provided that such failure is not capable of being remedied during the Cure Period; (d) failure by the Principal to make any payment to the Contractor in accordance with this Agreement within at least fourteen 14 (14fourteen) Working Days days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 or any of the representations or warranties given by the Contractor theContractor under Clause 5.2 proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.1081.0.

Appears in 1 contract

Samples: Study Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.210.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 10.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study Service valued at least EUR 5,000); (b) failure by the Contractor Service Provider to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.68.5; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex B: Technical Specification and/or Annex C: Schedule of the StudyService, provided that such failure is not capable of being remedied during the Cure Period, within the term specified in the Objection Notice or within the Corrective Period; (d) failure by the Principal to make any payment to the Contractor Service Provider in accordance with this Agreement within at least fourteen (1415) Working Days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 or any of the representations or warranties given by the Contractor Service Provider under Clause 5.2 proving to be untrue; or (f) breach by the Contractor Service Provider of any of the representations or warranties contained in Clause 9.6 of the undertaking contained in Clause 8.109.10.

Appears in 1 contract

Samples: Organisation Services Agreement

AutoNDA by SimpleDocs

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study valued at least EUR 5,000); (b) failure by the Contractor to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.67.5; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex C: C (Schedule of the Study), provided that such failure is not capable of being remedied during the Cure Period; (d) failure by the Principal to make any payment to the Contractor in accordance with this Agreement within at least fourteen (14) Working Days days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 or any of the representations or warranties given by the Contractor under Clause 5.2 proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.108.9.

Appears in 1 contract

Samples: Operation Plan Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. .The written notice of termination shall contain an itemized itemised description of the breach. For the purposes of this Clause 9.1 an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due to the other Party or perform any part of the Study theStudy valued at least EUR 5,000; (b) failure by the Contractor to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.675.; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained Deliverablecontained in Annex C: C (Schedule of the Study), provided that such failure is not capable of being remedied during the Cure Period; (d) failure by the Principal to make any payment to the Contractor in accordance with this Agreement within at least fourteen (14) Working Days 14)days from the date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 or any of the representations or warranties given by the Contractor theContractor under Clause 5.2 proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.1081. 0.

Appears in 1 contract

Samples: Study Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.29.2 of this Agreement, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. .For the purposes of this Clause 9.1 of this Agreement an event of material breach shall include any of the following: (a) commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due least20,000 EURdue to the other Party or perform any part of the Study valued Servicesvalued at least EUR 5,00020,000 EUR; (b) failure by the Contractor to duly address any of the matters raised in the second Objection Notice given by the Principal in accordance with Clause 7.6Clause7.6; (c) failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex CB: Schedule of the Study, provided Technical Specificationprovided that such failure is not capable of being remedied during the Cure Period; (d) failure by the Principal to make any payment to the Contractor in accordance with this Agreement within at least fourteen fifteen (1415) Working Days from the fromthe date of payment falling due; (e) any of the representations or warranties given by either Party under Clause 5.1 Clause5.1 of this Agreement or any of the representations or warranties given by the Contractor theContractor under Clause 5.2 of this Agreement proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.10Clause8.11 of this Agreement.

Appears in 1 contract

Samples: Consultancy Service Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2Clause12.2, either Party shall be entitled to terminate this Agreement upon giving a written notice of termination to the other Party in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 an thisSection XIIan event of material breach shall include any of the ofthe following: (a) 12.1.1 commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 due 5,000due to the other Party or perform any part of the Study Assignment or an Assignment valued at least EUR leastEUR 5,000; (b) 12.1.2 failure by the Contractor to duly address any of addressand remedy the matters raised Defects in the second Objection Notice given by the Principal in Cure Periodin accordance with Clause 7.6Clauses 10.3; (c) 12.1.3 failure by any Deliverable anyDeliverable to conform to any of the material requirements to such Deliverable contained in Annex C: Schedule of the Studyparticular Assignment Order, provided that such failure is not capable of being remedied during the Cure Period; (d) 12.1.4 failure by the Principal to make any payment to the Contractor in accordance with this Agreement within at least fourteen fifteen (1415) Working Days BusinessDays from the date of payment falling due; (e) 12.1.5 any of the representations or warranties given by either Party under Clause 5.1 underSection VIII or any of the representations or warranties given warrantiesgiven by the Contractor under Clause 5.2 Clause8.2 proving to be untrue; or (f) 12.1.6 breach by the Contractor of the undertaking contained in Clause 8.10Clause11.10.

Appears in 1 contract

Samples: Framework Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2, either Party 12.5 the Principal and the Contractor shall be entitled to terminate this Agreement or a particular Assignment Order, upon giving a written notice of termination to the other Party Parties in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 Section an event of material breach shall include include, but not be limited to, any of the following: (a) 12.4.1 commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 20,000 due to the other Party or perform any part of the Study Assignment or an Assignment valued at least EUR 5,00020,000); (b) 12.4.2 failure by the Contractor to duly address any of and remedy the matters raised Defects in the second Objection Notice given by the Principal Cure Period in accordance with Clause 7.6Clauses 10.7; (c) 12.4.3 failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex C: Schedule of the StudyAgreement or particular Assignment Order, provided that such failure is not capable of being remedied during upon receipt of the Cure PeriodObjection Notice; (d) failure by the Principal to make any payment to the Contractor in accordance with this Agreement within at least fourteen (14) Working Days from the date of payment falling due; (e) 12.4.4 any of the representations or warranties given by either Party under Clause 5.1 Section VIII proving to be untrue or breach of any of the representations or warranties given undertakings by the Contractor under Clause 5.2 proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.10Section VII.

Appears in 1 contract

Samples: Framework Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2, either Party 13.2 the Principal and the AsBo shall be entitled to terminate this Agreement or a particular Assignment Order, upon giving a written notice of termination to the other Party Parties in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 Section XIII an event of material breach shall include include, but not be limited to, any of the following: (a) : commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 20,000 due to the other Party or perform any part of the Study Assignment or an Assignment valued at least EUR 5,000; (b) 20,000); failure by the Contractor AsBo to duly address any of and remedy the matters raised Defects in the second Objection Notice given by the Principal Cure Period in accordance with Clause 7.6; (c) Clauses 11.3; failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex C: Schedule of the StudyAgreement or particular Assignment Order, provided that such failure is not capable of being remedied during upon receipt of the Cure Period; (d) Objection Notice; failure by the Principal or the Implementing Body, as applicable, to make any payment to the Contractor AsBo in accordance with this Agreement within at least fourteen fifteen (1415) Working Business Days from the date of payment falling due; (e) ; any of the representations or warranties given by either Party under Clause 5.1 Section VIII or any of the declarations, representations or warranties given by the Contractor AsBo under Clause 5.2 6.3 and/or Clause 9.2 proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.10.

Appears in 1 contract

Samples: Framework Agreement

Termination for Material Breach or Bankruptcy. Subject to the provisions of Clause 9.2, either Party 13.2 the Principal and the AsBo shall be entitled to terminate this Agreement or a particular Assignment Order, upon giving a written notice of termination to the other Party Parties in the event of material breach by the other Party of any of its obligations under this Agreement. The written notice of termination shall contain an itemized description of the breach. For the purposes of this Clause 9.1 Section XIII. Termination and suspension an event of material breach shall include include, but not be limited to, any of the following: (a) 13.1.1 commitment by a Party of any persistent or material breach of this Agreement (which shall include failure to pay an amount of at least EUR 5,000 20,000 due to the other Party or perform any part of the Study Assignment or an Assignment valued at least EUR 5,00020,000); (b) 13.1.2 failure by the Contractor AsBo to duly address any of and remedy the matters raised Defects in the second Objection Notice given by the Principal Cure Period in accordance with Clause 7.611.3; (c) 13.1.3 failure by any Deliverable to conform to any of the material requirements to such Deliverable contained in Annex C: Schedule of the StudyAgreement or particular Assignment Order, provided that such failure is not capable of being remedied during upon receipt of the Cure PeriodObjection Notice; (d) 13.1.4 failure by the Principal or the Implementing Body, as applicable, to make any payment to the Contractor AsBo in accordance with this Agreement within at least fourteen fifteen (1415) Working Business Days from the date of payment falling due; (e) 13.1.5 any of the representations or warranties given by either Party under Clause 5.1 Section IX. Representations and Warranties or any of the declarations, representations or warranties given by the Contractor AsBo under Clause 5.2 6.3 and/or Clause 9.2 proving to be untrue; or (f) breach by the Contractor of the undertaking contained in Clause 8.10.

Appears in 1 contract

Samples: Framework Agreement

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