Common use of Termination without notice for good cause Clause in Contracts

Termination without notice for good cause. 15.1 This Agreement may be terminated with immediate effect at any time by either party in the case of a Serious Breach thereof (as referred below) or entry into insolvency proceedings by the other party by means of a registered letter sent as set out in clause 14.1 above within a period of one (1) month from the occurrence of the event deemed to constitute a Serious Breach. Such letter shall detail the circumstances considered by the notifying party as constituting a Serious Breach.

Appears in 5 contracts

Samples: Corporate Services Agreement, Corporate Services Agreement, Corporate Services Agreement

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