Termination Grounds for Termination Clause Samples

Termination Grounds for Termination. 19.1 Where this Contract is for a fixed term, see clause 5, it will end on expiry of that term unless subject to alternative agreement between the parties. Other than on expiry of fixed term, this Contract may be terminated as follows: • On expiry of [either six or twelve] months written notice given by either party to the other; • On expiry of written notice from one party to the other where both parties have mutually agreed an alternative notice period; • On expiry of three months notice given by either party where the other has failed to comply with the terms of the contract; • On service of written notice with immediate effect by either party if the other should be formally dissolved or struck off by Companies House, cease operation, become insolvent, have its registration under the Housing and Regeneration Act 2008 withdrawn or have its charitable status withdrawn; • On service of written notice with immediate effect in the event of gross or fundamental breach of this Contract by one party on the defaulting party. Such gross or fundamental breach would include but is not limited to actions or omissions on the part of either party which seriously endanger the health and safety or well being of the Occupants. Procedure following Notice of Termination