Termination on Financial Standing. The Authority may terminate this Framework Agreement by serving notice on the Supplier in writing with effect from the date specified in such notice where (in the reasonable opinion of the Authority), there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which:
26.10.1 adversely impacts on the Supplier's ability to supply the Services under this Framework Agreement; or
26.10.2 could reasonably be expected to have an adverse impact on the Supplier’s ability to supply the Services under this Framework Agreement.
Termination on Financial Standing. The Customer may terminate this Contract by serving notice on the Supplier in writing with effect from the date specified in such notice 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:
25.6.1 adversely impacts on the Supplier's ability to supply the Goods and Services under this Contract; or
25.6.2 could reasonably be expected to have an adverse impact on the Suppliers ability to supply the Goods and Services under this Contract.
Termination on Financial Standing. The Authority will at least annually assess the financial standing of the Provider including an assessment of credit ratings as published by a credit rating agency appointed by the Authority. In the event that the Authority reasonably considers that there has been a change in the financial standing and/or credit rating of the Provider which represents a substantial risk to the Provider’s ability to perform its obligations under Call-Off Contracts the Authority will discuss the risk with the Provider.
Termination on Financial Standing. 18.6.1 The Contracting Body may terminate this Contract by serving notice on the Supplier in writing with effect from the date specified in such notice where (in the reasonable opinion of the Contracting Body), there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which:
18.6.2 adversely impacts on the Supplier's ability to supply the Services under this Contract; or
18.6.3 could reasonably be expected to have an adverse impact on the Suppliers ability to supply the Services under this Contract. Provided for the avoidance of doubt that where the circumstances referred to in this Clause 18.6 arise, the same shall be deemed as a Default but with regard to the termination rights that will arise as the result of such a Default as set out in this Clause 18.6, the provisions of this Clause 18.6 shall override those of Clause 18.4 (Termination on Default).
Termination on Financial Standing. The Council may terminate the Services Agreement by serving notice on the Provider in writing with effect from the date specified in such notice where (in the reasonable opinion of the Council), there is a material detrimental change in the financial standing and/or the credit rating of the Provider which adversely impacts on the Provider's ability to supply Services under this Services Agreement.
Termination on Financial Standing. YPO may terminate this Agreement by serving notice on the Supplier in writing with effect from the date specified in such notice where (in the reasonable opinion of YPO), 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 Goods and/or Services under this Agreement. This may be checked throughout the life of the DPS. Suppliers if requested by YPO must provide latest financial accounts. YPO in order to ascertain or track any material detrimental change of the financial standing of the Supplier may use an external credit rating agency. This will then be clarified with the Supplier before any reasonable decision is made.
Termination on Financial Standing. The Authority may terminate this CAEHRS where (in the reasonable opinion of the Authority), there is a material detrimental change in the financial standing and/or the credit rating of the Contractor which:
Termination on Financial Standing. The Council may terminate this Supplier Agreement by serving notice on the Supplier in writing with effect from the date specified in such notice where (in the reasonable opinion of the Council), 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 Services under this Supplier Agreement.
Termination on Financial Standing. The Authority may terminate this Framework Agreement by serving notice on the Provider in writing with effect from the date specified in such notice where (in the reasonable opinion of the Authority), there is or seems likely to occur a material detrimental change in the financial standing and/or the credit rating of the Provider which adversely impacts on the Provider's ability to supply Services under this Framework Agreement. Financial standing may be checked throughout the life of the Framework Agreement. Providers if requested by the Authority must provide latest financial accounts. In order to ascertain or track any material detrimental change of the financial standing of the Provider, the Authority may use an external credit rating agency. Any detrimental change will then be clarified with the Provider before any reasonable decision is made.
Termination on Financial Standing. The Authority will at least annually assess the financial standing of the Provider including an assessment of credit ratings as published by a credit rating agency appointed by the Authority. In the event that the Authority reasonably considers that there has been a change in the financial standing and/or credit rating of the Provider which represents a substantial risk to the Provider’s ability to perform its obligations under Call-Off Contracts the Authority will discuss the risk with the Provider. Following such discussions, if the Authority, acting reasonably, concludes that there remains a substantial risk the Authority may by notice in writing terminate this Framework Agreement.
