Common use of The Authority Clause in Contracts

The Authority. Contracting AUTHORITY reserves the right to terminate this Framework Agreement and any Call-Off Contracts immediately by notice in writing and/or to take such other steps it deems necessary where, in the reasonable opinion of the AUTHORITY/CONTRACTING AUTHORITY, there is or may be an actual conflict, or a potential conflict, between the pecuniary or personal interests of the SERVICE PROVIDER and the duties owed to the AUTHORITY/Contracting AUTHORITY under the provisions of the Framework Agreement and any Call-Off Contracts. The actions of the AUTHORITY/Contracting AUTHORITY pursuant to this clause shall not prejudice or affect any right of action or remedy which shall have accrued or shall thereafter accrue to the AUTHORITY/Contracting AUTHORITY.

Appears in 4 contracts

Samples: Merchant Acquirer Framework Agreement, Merchant Acquirer Framework Agreement, Framework Contract for Merchant Acquiring Services

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