Termination of obligations. The contractual obligations of the contractual parties shall expire by:
Termination of obligations. The contractual obligations of the parties to the Agreement shall be terminated by:
1. Discharge
2. Written agreement between the parties in the form of an amendment
3. Withdrawal from the Agreement Either contractual party may withdraw from the Agreement if the other party commits a fundamental breach of its contractual obligations, in spite of having been notified of such breach in a demonstrable manner (by registered letter). If the obligee sets an alternative (additional) period for the obligor to discharge its obligation, the right to withdraw from the Agreement shall arise only after the expiry of such period. This shall not apply if the obligor states within this period that it will not discharge its obligation. In such an event the obligee may withdraw from the Agreement even before the expiry of the additional period upon receipt of the obligor’s declaration. The Purchaser is further entitled to withdraw from the Agreement without prior written notice: a) if the subsidy for acquisition of the subject matter of performance is not paid out to the Purchaser through the provider; and/or
Termination of obligations. The contractual obligations of the contractual parties shall expire by: Performance Written agreement of the contractual parties in the form of an addendum Withdrawal from the Agreement Either contractual party may withdraw from the Agreement if the other party materially breaches its contractual obligations in spite of having been notified of this in a demonstrable manner (by registered letter). If the entitled contractual party sets a substitute (additional) period for the other party to fulfil its obligation, the right to withdraw from the Agreement shall arise only after the expiry of that period in vain. This does not apply if the other party states within this period that it will not fulfil its obligation. In that case, the entitled contractual party may withdraw from the Agreement even before the expiry of the additional performance period, upon receipt of the declaration of the other contractual party. The Purchaser is also entitled to withdraw from the Agreement without prior written notice: if the Seller is in default on the delivery of the Equipment for more than 30 calendar days; and/or if it is determined that the parameters of the Equipment do not correspond to the requirements of the Purchaser specified in the Procurement Documents or the Seller’s tender; and/or if it is determined that the Equipment that is the subject of performance is not new, is used, pledged, borrowed, leased or otherwise legally defective, and infringes on the rights of third parties under a patent or other forms of intellectual property; and/or where the Seller indicated in its tender submitted for the Public Contract specified in the Preamble of this Agreement information or documents which do not correspond to the facts and if this had or could have had an effect on the outcome of the procurement procedure; and/or if insolvency proceedings are commenced pursuant to Act No. 182/2006 Coll., on Bankruptcy and Methods of Its Resolution, as amended, the subject of which will be the bankruptcy or impending bankruptcy of the Seller, the Seller is obliged to inform the Purchaser of this fact without delay, no later than 7 calendar days from the day of initiation of the proceedings; and in case the Purchaser is not granted a previously promised subsidy from the Operational Program Research, Development and Education or the subsidy is reduced. Withdrawal from this Agreement shall be in writing and shall take effect on the date of the delivery of this written notice to the oth...