Common use of WITHDRAWAL FROM CONTRACT Clause in Contracts

WITHDRAWAL FROM CONTRACT. a. In case of delayed deliveries, the Purchaser shall be entitled to withdraw from the contract − after setting a new appropriate deadline in writing; and − starlim-xxxxxxx not delivering the Goods within this deadline; and − the delay is caused by starlim-xxxxxxx’x willful act or gross negligence. The withdrawal shall be declared by registered letter. b. Notwithstanding its other rights, starlim-xxxxxxx shall be entitled to withdraw from the contract, if − The delivery of the Goods is delayed or impossible for reasons beyond starlim-xxxxxxx’x control; − starlim-xxxxxxx becomes aware of circumstances which may impair the Purchaser’s creditworthiness and he – on starlim-xxxxxxx’x request – did not effect advance payment or provide a suitable security. In these cases, starlim-xxxxxxx shall be entitled to claim all damages and loss of profit caused by this withdrawal. In these cases, starlim-xxxxxxx shall also be entitled to withdraw from an open part of the delivery. c. If an application for opening of insolvency proceedings are filed over the Purchaser’s assets, starlim-xxxxxxx shall be entitled to request fulfillment of the contract against provision of suitable security or rescind the contract with immediate effect.

WITHDRAWAL FROM CONTRACT. a. In case of delayed deliveries, the Purchaser shall be entitled to withdraw from the contract − contract.  after setting a new appropriate deadline in writing; and −  starlim-xxxxxxx not delivering the Goods within this deadline; and − the and.  The delay is caused by starlim-xxxxxxx’x willful act or gross negligence. The withdrawal shall be declared by registered letter. b. Notwithstanding its other rights, starlim-xxxxxxx shall be entitled to withdraw from the contract, if −  The delivery of the Goods is delayed or impossible for reasons beyond starlim-xxxxxxx’x control; −  starlim-xxxxxxx becomes aware of circumstances which may impair the Purchaser’s creditworthiness and he – on starlim-xxxxxxx’x request – did not effect advance payment or provide a suitable security. In these cases, starlim-xxxxxxx shall be entitled to claim all damages and loss of profit caused by this withdrawal. In these cases, starlim-xxxxxxx shall also be entitled to withdraw from an open part of the delivery. c. If an application for opening of insolvency proceedings are filed over the Purchaser’s assets, starlim-xxxxxxx shall be entitled to request fulfillment of the contract against provision of suitable security or rescind the contract with immediate effect.

WITHDRAWAL FROM CONTRACT. a. In case of delayed deliveries, the Purchaser shall be entitled to withdraw from the contract − - after setting a new appropriate deadline in writing; and − starlim-xxxxxxx - starlim//xxxxxxx not delivering the Goods within this deadline; and − the - The delay is caused by starlim-xxxxxxx’x starlim//xxxxxxx’x willful act or gross negligence. The withdrawal shall be declared by registered letter. b. Notwithstanding its other rights, starlim-xxxxxxx starlim//xxxxxxx shall be entitled enti- tled to withdraw from the contract, if − - The delivery of the Goods is delayed or impossible for reasons beyond starlim-xxxxxxx’x starlim//xxxxxxx’x control; − starlim-xxxxxxx - starlim//xxxxxxx becomes aware of circumstances which may impair the Purchaser’s creditworthiness and he – on starlim-xxxxxxx’x star- lim//xxxxxxx’x request – did not effect advance payment or provide a suitable security. In these cases, starlim-xxxxxxx starlim//xxxxxxx shall be entitled to claim all damages and loss of profit caused by this withdrawal. In these cases, starlim-xxxxxxx starlim//xxxxxxx shall also be entitled to withdraw with- draw from an open part of the delivery. c. If an application for opening of insolvency proceedings are filed over the Purchaser’s assets, starlim-xxxxxxx starlim//xxxxxxx shall be entitled enti- tled to request fulfillment of the contract against provision of suitable security or rescind the contract with immediate effect.