Common use of Expected breach Clause in Contracts

Expected breach. If, after the signing of this Contract, it appears, based on the behaviour of the Customer, a serious decline in the Customer's credit worthiness or in the Customer's ability to fulfil the contract, that the Customer will not be able to fulfil a significant portion of its obligations, the Supplier can cancel their fulfilment of the contract and hold their contribution back. If the expected breach of contract is material, the right to cancel the Contract can be invoked prior to the time of fulfilment. 12 THE CUSTOMER’S REMEDIES FOR BREACH OF CONTRACT 12.1 Period for notification of defects If the Customer wishes to demand a remedy for a breach of contract, the Supplier must be notified in writing regarding the deficiency without undue delay after the Customer has discovered or should have discovered the defect.

Expected breach. If, after the signing of this Contract, it appears, based on the behaviour of the Customer, a serious decline in the Customer's credit worthiness or in the Customer's ability to fulfil the contract, that the Customer will not be able to fulfil a significant portion of its obligations, the Supplier can cancel their fulfilment of the contract and hold their contribution back. If the expected breach of contract is material, the right to cancel the Contract can be invoked prior to the time of fulfilment. 12 14 THE CUSTOMER’S REMEDIES FOR BREACH OF CONTRACT 12.1 14.1 Period for notification of defects If the Customer wishes to demand a remedy for a breach of contract, the Supplier must be notified in writing regarding the deficiency without undue delay after the Customer has discovered or should have discovered the defect.