Common use of Early Termination of the Contract Clause in Contracts

Early Termination of the Contract. 20.1 The Registry is entitled to early termination of this Contract in the following circumstances: 20.1.1 by sending 1 (one) month prior notice to the Registrar if the Registry has Suspended the Contract pursuant to clause 18.1.4 of the Contract and the Registrar has not eliminated the breach within 1 (one) month as of the Suspension of the Contract; 20.1.2 immediately in case of grave breach by the Registrar. For the purposes of this clause grave breach shall mean breach of clause 15.2 of this Contract; 20.1.2.1 pursuant to section 7 of Annex 3 of the Contract; 20.1.2.2 pursuant to Articles 7.3.3; 7.3.4 and .7.3.5 of the Domain Regulation; 20.1.2.3 this Contract can also be terminated by mutual agreement of the Parties and in accordance with Georgian legislation.