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

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