Common use of Consequences for Non-Compliance Clause in Contracts

Consequences for Non-Compliance. The misrepresentation of the Contractor in regard of any of the above-mentioned warranties or the involvement of the Contractor in any of these situations described shall constitute the right of PIN to terminate this Contract immediately as in case of a substantial breach of this Contract. In case of such termination PIN shall have the right for reimbursement of damages.

Appears in 2 contracts

Sources: Contract for Providing Financial Services, Contract for Providing Financial Services