Common use of Termination on Material Default Clause in Contracts

Termination on Material Default. 33.2.1 The Authority may terminate this Panel Agreement for material Default by issuing a Termination Notice to the Supplier where: (a) a Panel Customer terminates a Legal Services Contract for the Supplier’s breach of that Legal Services Contract; (b) an Audit reveals that the Supplier has underpaid an amount equal to or greater than five per cent (5%) of the Management Charge due in any period specified by the Auditor; (c) the Supplier refuses or fails to comply with its obligations as set out in Schedule 12 (Improvement and Benchmarking); (d) in the event of two (2) or more failures by the Supplier to meet the KPI Targets whether the failures relate to the same or different KPI Targets, in any rolling period of 12 Month; (e) the Authority expressly reserves the right to terminate this Panel Agreement for material Default including pursuant to: i. Clause 9.4 (Cyber Essentials Scheme Condition) Clause 19.1.4 (Variation Procedure); ii. Clause 32.1.8 (Authority Remedies); iii. Clause 27.2.10 (Confidentiality);

Appears in 2 contracts

Samples: Panel Agreement for the Provision of Rail Legal Services, Panel Agreement for the Provision of General Legal Services

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Termination on Material Default. 33.2.1 The Authority may terminate this Panel Agreement for material Default by issuing a Termination Notice to the Supplier where: (a) a Panel Customer terminates a Legal Services Contract for the Supplier’s breach of that Legal Services Contract; (b) an Audit reveals that the Supplier has underpaid an amount equal to or greater than five per cent (5%) of the Management Charge due in any period specified by the Auditor; (c) the Supplier refuses or fails to comply with its obligations as set out in Schedule 12 (Improvement and Benchmarking); (d) in the event of two (2) or more failures by the Supplier to meet the KPI Targets whether the failures relate to the same or different KPI Targets, in any rolling period of 12 Month; (e) the Authority expressly reserves the right to terminate this Panel Agreement for material Default including pursuant to: i. Clause 9.4 (Cyber Essentials Scheme Condition) Clause 19.1.4 (Variation Procedure); ii. Clause 32.1.8 (Authority Remedies); iii. Clause 27.2.10 (Confidentiality);Clause

Appears in 2 contracts

Samples: Panel Agreement for the Provision of Finance and Complex Legal Services, Panel Agreement for the Provision of Finance and Complex Legal Services

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