Common use of Termination in Relation to Financial Standing Clause in Contracts

Termination in Relation to Financial Standing. The Customer may terminate this Contract by issuing a Termination Notice to the Supplier where in the reasonable opinion of the Customer there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which: adversely impacts on the Suppliers ability to supply the Goods and/or Services under this Contract ; or could reasonably be expected to have an adverse impact on the Suppliers ability to supply the Goods and/or Services under this Contract.

Appears in 5 contracts

Samples: Call Off Contract Terms for Apprenticeships Training Dynamic Marketplace (Rm6102), Call Off Contract Terms for Apprenticeships Training Dynamic Marketplace (Rm6102), Call Off Contract Terms for Apprenticeships Training Dynamic Marketplace (Rm6102)

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Termination in Relation to Financial Standing. The Customer may terminate this Call Off Contract by issuing a Termination Notice to the Supplier where in the reasonable opinion of the Customer there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which: adversely impacts on the Suppliers Supplier's ability to supply the Goods and/or Services under this Contract Call Off Contract; or could reasonably be expected to have an adverse impact on the Suppliers ability to supply the Goods and/or Services under this Call Off Contract.

Appears in 4 contracts

Samples: Call Off Contract, Call Off Contract, Call Off Contract

Termination in Relation to Financial Standing. The Customer may terminate this Call-Off Contract by issuing a Termination Notice to the Supplier where in the reasonable opinion of the Customer there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which: adversely impacts on the Suppliers Supplier's ability to supply the Goods and/or Services under this Contract Call-Off Contract; or could reasonably be expected to have an adverse impact on the Suppliers ability to supply the Goods and/or Services under this Call-Off Contract.

Appears in 1 contract

Samples: Vehicle Hire Services Order Form

Termination in Relation to Financial Standing. 31.3.1 The Customer may terminate this Call Off Contract by issuing a Termination Notice to the Supplier where in the reasonable opinion of the Customer there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which: : a) adversely impacts on the Suppliers Supplier's ability to supply the Goods and/or Services under this Contract Call Off Contract; or or b) could reasonably be expected to have an adverse impact on the Suppliers ability to supply the Goods and/or Services under this Call off Contract.

Appears in 1 contract

Samples: Technology Products Framework Agreement

Termination in Relation to Financial Standing. The Customer may terminate this Call Off Contract by issuing a Termination Notice to the Supplier where in the reasonable opinion of the Customer there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which: adversely impacts on the Suppliers Supplier's ability to supply the Goods and/or Services and the delivery of purchased Goods under this Contract Call Off Contract; or could reasonably be expected to have an adverse impact on the Suppliers ability to supply the Goods and/or Services and the delivery of purchased Goods under this Call Off Contract.

Appears in 1 contract

Samples: Call Off Order Form

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Termination in Relation to Financial Standing. The Customer may terminate this Call Off Contract by issuing a Termination Notice to the Supplier where in the reasonable opinion of the Customer there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which: adversely impacts on the Suppliers Supplier's ability to supply the Goods and/or and Services under this Contract Call Off Contract; or could reasonably be expected to have an adverse impact on the Suppliers ability to supply the Goods and/or and Services under this Call Off Contract.

Appears in 1 contract

Samples: Call Off Contract

Termination in Relation to Financial Standing. 41.3.1 The Customer may terminate this Contract by issuing a Termination Notice to the Supplier where in the reasonable opinion of the Customer there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which: adversely impacts on the Suppliers ability to supply the Goods and/or Services under this Contract Contract; or could reasonably be expected to have an adverse impact on the Suppliers ability to supply the Goods and/or Services under this Contract.

Appears in 1 contract

Samples: Contract Order Form and Contract Terms for Goods and/or Services (Non Ict)

Termination in Relation to Financial Standing. 41.3.1 The Customer may terminate this Call Off Contract by issuing a Termination Notice to the Supplier where in the reasonable opinion of the Customer there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which: : (a) adversely impacts on the Suppliers Supplier's ability to supply the Goods and/or Services under this Contract Call Off Contract; or or (b) could reasonably be expected to have an adverse impact on the Suppliers ability to supply the Goods and/or Services under this Call Off Contract.

Appears in 1 contract

Samples: Call Off Terms for Services

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