Common use of PHASE CONDITIONS Clause in Contracts

PHASE CONDITIONS. Without prejudice to any other right or ability to terminate this Agreement, if a Phase Unconditional Date has not occurred on or before the relevant Phase Condition Longstop Date and/or Phase Condition Drop Dead Date (subject to Clause 37.3.3) then either the Council or the Partner may determine this Agreement in relation only to the Phase for which the Phase Unconditional Date has not occurred at any time after the relevant Phase Condition Longstop Date and/or Phase Condition Drop Dead Date by serving written notice to that effect on the other PROVIDED THAT a party may only terminate as aforesaid where there are no outstanding material breaches of its obligations in relation to all outstanding Phase Conditions relating to that Phase.