Common use of Winding Up of the Group Clause in Contracts

Winding Up of the Group. 11.1 Any of the parties to this Agreement may at any time give 6 months’ notice of an intention to terminate their involvement in the Group. Should such notice be given all parties shall use their best endeavours to arrive at an alternative agreement or an agreed variation to this agreement. 11.2 Should the parties conclude that such endeavours are not likely to be successful this Agreement shall be dissolved from a date six months later than the receipt of the notification or such other date as may be agreed between the parties.

Winding Up of the Group. 11.1 Any of the parties to this Agreement may at any time give 6 months’ notice of an intention to terminate their involvement in the GroupPartnership. Should such notice be given all parties shall use their best endeavours to arrive at an alternative agreement or an agreed variation to this agreement. 11.2 Should the parties conclude that such endeavours are not likely to be successful this Agreement shall be dissolved from a date six months later than the receipt of the notification or such other date as may be agreed between the parties.