Unplanned Termination Sample Clauses

The Unplanned Termination clause defines the procedures and consequences that apply if the agreement ends unexpectedly, outside of the originally intended completion or expiration. Typically, this clause outlines the circumstances under which either party may terminate the contract early, such as breach, insolvency, or force majeure, and details the steps required for notification and settlement of outstanding obligations. Its core practical function is to provide a clear framework for handling unforeseen contract endings, thereby reducing uncertainty and potential disputes between the parties.