Rules for Termination. No Party shall be entitled to withdraw from this Consortium Agreement and/or participation in the Project unless: (a) that Party has obtained the prior written consent of the other Parties (such consent not to be unreasonably withheld), and also of the Commission, to the withdrawal from, or termination of, the Contract; or (b) that Party's participation in the Contract is terminated by the Commission pursuant to the provisions of the Contract, Annex II, Article 7; or (c) the Contract is terminated by the Commission for any reason whatsoever, provided always that a Party shall not by withdrawal or termination be relieved from (i) its responsibilities under this Consortium Agreement or the Contract in respect of that part of that Party's work on the Project which has been carried out (or which should have been carried out) up to the date of withdrawal or termination; or (ii) any of its obligations or liabilities arising out of such withdrawal or termination.
Appears in 1 contract
Sources: Consortium Agreement
Rules for Termination. No Party shall be entitled to withdraw from this Consortium Agreement and/or participation in the Project unless:
(a) : that Party has obtained the prior written consent of the other Parties (such consent not to be unreasonably withheld), and also of the Commission, to the withdrawal from, or termination of, the Contract; or
(b) or that Party's participation in the Contract is terminated by the Commission pursuant to the provisions of the Contract, Annex II, Article 7▇▇▇▇▇ ▇▇; or
(c) or the Contract is terminated by the Commission for any reason whatsoever, provided always that a Party shall not by withdrawal or termination be relieved from
(i) its responsibilities under this Consortium Agreement or the Contract in respect of that part of that Party's work on the Project which has been carried out (or which should have been carried out) up to the date of withdrawal or termination; or
(ii) any of its obligations or liabilities arising out of such withdrawal or termination.
Appears in 1 contract
Sources: Consortium Agreement