Common use of Causes for Termination Clause in Contracts

Causes for Termination. Notwithstanding any other provisions in the Approval Documents or any guidelines that may be issued by IMDA relating to the same, the Agreement may be terminated at the sole and absolute discretion of IMDA immediately without prior notice, upon the occurrence of any of the following: (a) Failure by the Course Provider to conduct the Course to the reasonable satisfaction of IMDA; (b) Breach of any provision of the Approval Documents by the Course Provider; (c) Giving of false, inaccurate, or misleading statements or misrepresentations by or on behalf of the Course Provider (whether with the knowledge of the Course Provider or not); (d) The commencement of any proceedings for liquidation, insolvency, bankruptcy, receivership, winding up or judicial management of the Course Provider; (e) The inability of the Course Provider to pay any of its debts as and when they fall due; or (f) The Course Provider ceasing to conduct business or by its acts or omissions gives IMDA, in its opinion, reason to believe it will cease to conduct its business.