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Common use of Rescission of the Contract Clause in Contracts

Rescission of the Contract. PEP may rescind this contract administratively, in the event that the CONTRACTOR breaches its obligations in the following cases:

Appears in 3 contracts

Sources: Contract No. 424048860 (Forbes Energy Services Ltd.), Contract No. 424048860 (Forbes Energy Services Ltd.), Contract No. 424048860 (Forbes Energy Services Ltd.)

Related Clauses

  • – SUSPENSION OF THE CONTRACT
  • Termination of the Contract
  • Duration of the contract
  • Variation of the contract
  • Termination and Suspension of the Contract

Parent Clauses

  • Special representations and warranties of Party B and the Company
  • 2018
  • Contract Termination

Sub-Clauses

  • Notice
  • Refund by the BUILDER
  • Discharge of Obligations
  • Refund Guarantee
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