Termination on Material Default. (Clause 41.2.1(c) of the Contract Terms)): [In Clause 41.2.1(c) of the Contract Terms] [OR] [The percentage of “80%” in Clause 41.2.1(c) shall be amended to [ ]] Guidance Note: consider Clause 41.2.1(c) (Termination on Material Default). Insert an appropriate percentage to facilitate the ability of the Customer to terminate the Contract for material Default where, as a result of any Defaults, the Customer incurs Losses in any Contract Year which exceed a certain percentage of the value of the Suppliers aggregate annual liability limit for that Contract Year as set out in Clause 36.2.1 (Financial Limits).
Appears in 3 contracts
Samples: Contract Order Form and Contract Terms, Contract Order Form and Contract Terms for Goods and/or Services (Non Ict), Contract Order Form and Contract Terms
Termination on Material Default. (Clause 41.2.1(c51.2.1(c) of the Contract Terms)): [In Clause 41.2.1(c51.2.1(c) of the Contract Terms] [OR] [The percentage of “80%” in Clause 41.2.1(c51.2.1(c) shall be amended to [ ]] Guidance Note: consider Clause 41.2.1(c51.2.1(c) (Termination on Material Default). Insert an appropriate percentage to facilitate the ability of the Customer to terminate the Contract for material Default where, as a result of any Defaults, the Customer incurs Losses in any Contract Year which exceed a certain percentage of the value of the Suppliers aggregate annual liability limit for that Contract Year as set out in Clause 36.2.1 46.2.1 (Financial Limits).
Appears in 1 contract
Samples: Contract Order Form
