Common use of Termination in advance Clause in Contracts

Termination in advance. The contract can be terminated in advance only for a true and just cause. Each party may terminate this Agreement in the event that the other party should violate any of the covenants or restrictions within the terms of this Agreement. Furthermore, it is expressly agreed and understood that Seller may immediately terminate this agreement at its option, in the event that Buyer would violate the Payments clause (art. 6), by being late or delinquent.

Appears in 6 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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