Common use of Termination of the Agreement Clause in Contracts

Termination of the Agreement. If Beierholm has been appointed as the Client’s auditor, this engage- ment may be terminated in accordance with the applicable rules. Unless a period of notice has been stated in the engagement let- ter, the Agreement will terminate once the Services have been provided. Regardless of what may be specified elsewhere in the Agreement, Beierholm is entitled to terminate the Agreement in writing with immediate effect if it is assessed that Xxxxxxxxx’x full or partial performance of the Agreement would be unlawful under applica- ble legislation, law or circumstances (including changes in the Cli- ent’s ownership or control) to which Beierholm is subject and/or in accordance with Beierholm’s internal rules and/or regulations. Upon termination of the Agreement, the Client must pay Beier- holm for the Services provided until such termination and/or un- settled hours used as well as costs and out-of-pocket expenses incurred. The Client must also pay Xxxxxxxxx’x reasonable costs incurred as a result of the termination of the Agreement.

Termination of the Agreement. If Beierholm Xxxxxxxxx has been appointed as the Client’s auditor, this engage- ment may be terminated in accordance with the applicable rules. Unless a period of notice has been stated in the engagement let- ter, the Agreement will terminate once the Services have been provided. Regardless of what may be specified elsewhere in the Agreement, Beierholm is entitled to terminate the Agreement in writing with immediate effect if it is assessed that Xxxxxxxxx’x full or partial performance of the Agreement would be unlawful under applica- ble legislation, law or circumstances (including changes in the Cli- ent’s ownership or control) to which Beierholm is subject and/or in accordance with Beierholm’s internal rules and/or regulations. Upon termination of the Agreement, the Client must pay Beier- holm for the Services provided until such termination and/or un- settled hours used as well as costs and out-of-pocket expenses incurred. The Client must also pay Xxxxxxxxx’x reasonable costs incurred as a result of the termination of the Agreement.