Termination of the Lease Agreement. 4.1 Lease agreements for an indefinite period of time can be terminated with due observance of a notice period of three months, which notice must be sent by registered letter. 4.2 Lease agreements for a definite period of time can only be terminated as from the end date of the agreement, with due observance of a notice period of three months, which notice must be sent by registered letter. 4.3 Either party can terminate the lease agreement without observing any notice period, if one of the parties is declared insolvent and/or is granted a moratorium on payments. 4.4 RBC can terminate the lease agreement without observing any notice period, if a change of management takes place at the client. 4.5 RBC can terminate the lease agreement without observing any notice period, if the client remains in default with regard to the fulfilment of his contractual obligations towards RBC.
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Samples: Outsourcing Agreements, Outsourcing Agreements, Outsourcing Agreements
