TERM OF THE FRAMEWORK AGREEMENT. This Framework Agreement becomes valid upon signature by both Parties and comes into force upon its publication in the Register of Contracts. This Framework Agreement has been entered into for a definite period of time, namely for a period of 4 years from the date of its entry into force, or until the maximum financial limit agreed in Article II Paragraph 5 hereof has been exhausted, whichever is the earlier. This Framework Agreement shall terminate with the lapse of the agreed term; upon the exhaustion of the maximum financial limit stated in Article II Paragraph 5 hereof; by written agreement of the Parties; by written notice of termination by either Party; by withdrawal from this Framework Agreement subject to the terms given below in the event of a substantial breach hereof by either Party. The Parties agree that they consider the following cases in particular to constitute a substantial breach hereof: a failure to meet technical specification of Goods pursuant to Article II Paragraph 1 hereof or pursuant to Annex No. 1 hereto; repeated, at minimum the second, delay of the Contractor in the delivery of Goods according to partial contracts for a period exceeding 7 business days; use of the Dandy roll with exclusive watermark in breach of the Article VII paragraph 6 of the Framework Agreement. breach of Article X hereof which has not been remedied following a previous notice for correction, breach of obligation under Article VII Paragraph 8 hereof; breach of obligation under Article VII Paragraph 15 hereof. The partial contract shall terminate: if such termination is agreed upon by both of the Parties hereto; by withdrawal of the Client in the case pursuant to Article VIII Paragraph 5 letter (d) hereof; or in the case of a breach of the partial contract by the Contractor in a substantial manner, whereas the Parties consider such a breach of the partial contract in a substantial manner to be in particular the case pursuant to Article XIII Paragraph 4 letters (a), (d), and (e) hereof and the case where the Contractor is in delay with the delivery of Goods according to specific partial contract for more than 2 calendar weeks. The written notice of withdrawal from this Framework Agreement or a specific partial contract shall take effect on the day the written notice of withdrawal is delivered to the other Party. The notice of withdrawal from this Framework Agreement or a specific partial contract must be sent by registered mail. Withdrawal from this Framework Agreement or from a specific partial contract does not terminate the contractual relationship from the very beginning, the mutual performances provided by the Parties until the termination of this Framework Agreement or a specific partial contract shall be retained by both Parties. Parties are entitled to terminate this Framework Agreement at any time, without stating any reason. The notice period shall be 6 months and shall begin on the first day of the calendar month following the delivery of written notice of termination to the other Party. The notice must be sent by registered mail. The Parties take into consideration that they are obliged to fulfil the obligations arising from this Framework Agreement during the notice period. Termination of this Framework Agreement shall not affect the provisions regarding contractual penalties, damage compensation, and such rights and obligations which, by their nature, shall persist even after this Framework Agreement is terminated. This Framework Agreement is also to be applied to the relations, including partial contracts, formed during this Framework Agreement even after this Framework Agreement is terminated. Within 30 calendar days as of termination of this Framework Agreement, or within the term stipulated by agreement of the Parties, the Contractor agrees to submit the Dandy roll, more precisely the Work under this Framework Agreement, to the Client against an acceptance protocol.
Appears in 1 contract
Sources: Framework Agreement for Production and Supply of Universal Security Paper
TERM OF THE FRAMEWORK AGREEMENT. 1. This Framework Agreement becomes valid upon signature comes into force on the day it is signed by both Parties and comes into force upon its publication taking effect once it is published in the Register of Contracts.
2. This Framework Agreement has been is entered into for a definite period of time, namely namely:
a) for a period of 4 years 1 year from the date of its entry entrance into forceforce of the Framework Agreement, or b) until the maximum financial limit agreed in Article II Paragraph 5 hereof has been EUR 79 000 will be exhausted, whichever is the earlier.
3. This Framework Agreement shall terminate terminate
a) with the lapse of the agreed term; upon the exhaustion of the maximum financial limit period stated in Article II the Paragraph 5 hereof; 2 of this Article;
b) by written agreement of the Parties; ;
c) by written notice of termination by either Party; ;
d) by withdrawal from this Framework Agreement subject to in the terms cases given below in this Framework Agreement or in the event of a substantial breach hereof by either Party.
4. The Parties agree that they consider the following cases in particular to constitute a substantial breach hereof: :
a) a failure to meet technical Technical specification of Goods pursuant to Article II Paragraph 1 hereof or pursuant to Annex No. 1 hereto; and 2 hereof;
b) repeated, at minimum the second, delay of the Contractor Seller in the delivery of Goods according to partial contracts for a period exceeding 7 business days; use ;
c) breach Seller’s obligation under Article II Paragraph 3, 4 or 5 hereof;
d) ▇▇▇▇▇▇'s statements referred to Article VI paragraph 9 hereof prove to be false;
e) the Seller violates the obligation to notify the Buyer of the Dandy roll with exclusive watermark fact stated in breach the last sentence of the Article VII VI paragraph 6 of the Framework Agreement. 9 hereof;
f) breach of Article X VIII hereof which has not been remedied following a previous notice for correction, g) breach of obligation under Article VII IX Paragraph 8 1 hereof; ;
h) breach of obligation under Article VII IX Paragraph 15 2 to 6 hereof;
i) breach of obligation under Article IX Paragraph 7 point c) hereof;
j) breach of obligation under Article IX Paragraph 8 hereof;
k) breach of the Seller's obligations in Article IX Paragraph 10 or 11 or 12 of this Framework Agreement.
5. The partial contract shall terminate: :
a) if such termination is agreed upon by both of the Parties hereto; by ;
b) By withdrawal of the Client Buyer
i. in the case pursuant to Article VIII VII Paragraph 5 letter (d) hereof; or or
ii. in the case of a breach of the partial contract by the Contractor Seller in a substantial manner, whereas the Parties consider such a breach of the partial contract in a substantial manner to be in particular the case pursuant to Article XIII Paragraph 4 letters (a), (c), (d), (e), (f), (g), (h), (i), (j) and (ek) hereof and the case where the Contractor Seller is in delay with the delivery of Goods according to specific partial contract for more than 2 calendar weeks;
iii. in other cases stated in this Framework Agreement.
6. The written notice of withdrawal from this Framework Agreement or a specific partial contract shall take effect on the day the written notice of withdrawal is delivered to the other Party. The notice of withdrawal from this Framework Agreement or a specific partial contract must be sent by registered mail. Withdrawal from this Framework Agreement or from a specific partial contract does not terminate the contractual relationship from the very beginning, the mutual performances provided by the Parties until the termination of this Framework Agreement or a specific partial contract shall be retained by both Parties.
7. The Parties are entitled to terminate this Framework Agreement at any time, without stating any reason. The notice period shall be 6 3 months and shall begin on the first day of the calendar month following the delivery of written notice of termination to the other Party. The notice must be sent by registered mail. The Parties take into consideration that they are obliged to fulfil the obligations arising from this Framework Agreement during the notice period.
8. Termination of this Framework Agreement shall not affect the provisions regarding contractual penalties, damage compensation, and such rights and obligations which, by their nature, shall persist even after this Framework Agreement is terminated. This Framework Agreement is also to be applied to the relations, including partial contracts, formed during this Framework Agreement even after this Framework Agreement is terminated. Within 30 calendar days as of termination of this Framework Agreement, or within the term stipulated by agreement of the Parties, the Contractor agrees to submit the Dandy roll, more precisely the Work under this Framework Agreement, to the Client against an acceptance protocol.
Appears in 1 contract
Sources: Framework Agreement
TERM OF THE FRAMEWORK AGREEMENT. This Framework Agreement becomes valid upon signature The present Contract comes into force on the day it is signed by both Parties and comes into force upon its publication taking effect once it is published in the Register of Contracts. This Framework Agreement Contract has been entered into for a definite period of time, namely for a period whereas this Contract shall terminate: at the time of 4 years from the date of its entry into force, or until the maximum financial limit agreed in Article II Paragraph 5 hereof has been exhausted, whichever is the earlier. This Framework Agreement shall terminate with the lapse delivery of the agreed term; upon the exhaustion quantity of the maximum financial limit stated in goods according to Article II Paragraph 5 hereof; paragraph 2 of this Article by written agreement of the Parties; by written notice of termination by either Party; by withdrawal from this Framework Agreement Contract subject to the terms given below in the event of a substantial breach hereof by either Party. The Parties agree that they consider the following cases in particular to constitute a substantial breach hereof: a failure to meet technical specification of Goods pursuant to Article II Paragraph 1 hereof or pursuant to Annex No. 1 heretohereto or do not comply with the relevant detailed drawing or the specified technical specification according to Annex 1 of this Contract; repeated, at minimum the second, delay of the Contractor Seller in the delivery of Goods according to partial contracts the agreed Time Schedule according to Article III of paragraph 1 of this Contract (Annex No. 2) for a period exceeding 7 business 10 days; use if the quantity of the Dandy roll with exclusive watermark defective Prelaminates in breach deliveries is repeatedly higher than that referred to in Article IV (5) of the Article VII paragraph 6 of the Framework Agreement. this Contract; breach of Article X VIII hereof which has not been remedied following a previous notice for correction, breach of obligation under Article VII XIII Paragraph 8 1 hereof; breach of obligation under Article VII XIV Paragraph 15 8 hereof. The partial contract shall terminate: if such termination is agreed upon by both of the Parties hereto; by withdrawal of the Client in the case pursuant to Article VIII Paragraph 5 letter (d) hereof; or in the case of a breach of the partial contract by the Contractor in a substantial manner, whereas the Parties consider such a breach of the partial contract in a substantial manner to be in particular the case pursuant to Article XIII Paragraph 4 letters (a), (d), and (e) hereof and the case where the Contractor is in delay with the delivery of Goods according to specific partial contract for more than 2 calendar weeks. The written notice of withdrawal from this Framework Agreement or a specific partial contract Contract shall take effect on the day the written notice of withdrawal is delivered to the other Party. The notice of withdrawal from this Framework Agreement or a specific partial contract Contract must be sent by registered mail. Withdrawal from this Framework Agreement or from a specific partial contract Contract does not terminate the contractual relationship from the very beginning, the mutual performances provided by the Parties until the termination of this Framework Agreement or a specific partial contract Contract shall be retained by both Parties. Parties are entitled to terminate this Framework Agreement at any time, without stating any reason. The notice period shall be 6 months and shall begin on the first day of the calendar month following the delivery of written notice of termination to the other Party. The notice must be sent by registered mail. The Parties take into consideration that they are obliged to fulfil the obligations arising from this Framework Agreement during the notice period. Termination of this Framework Agreement Contract shall not affect the provisions regarding contractual penalties, damage compensation, and such rights and obligations which, by their nature, shall persist even after this Framework Agreement Contract is terminated. This Framework Agreement is also to be applied to the relations, including partial contracts, formed during this Framework Agreement even after this Framework Agreement is terminated. Within 30 calendar days as of termination of this Framework Agreement, or within the term stipulated by agreement of the Parties, the Contractor agrees to submit the Dandy roll, more precisely the Work under this Framework Agreement, to the Client against an acceptance protocol.
Appears in 1 contract
Sources: Production and Supply Agreement
TERM OF THE FRAMEWORK AGREEMENT. This The present Framework Agreement becomes valid upon signature comes into force on the day it is signed by both Parties and comes into force upon its publication taking effect once it is published in the Register of Contracts. This Framework Agreement has been entered into for a definite period of time, namely for a period of 4 2 years from the date of its entry into force. The expiration and effectiveness of this Framework Agreement does not affect orders under this Framework Agreement that have already been delivered to the Seller at the time of expiry and effectiveness of this Framework Agreement (such partial deliveries will be confirmed and performed by the Seller in accordance with this framework agreement, or until the maximum financial limit agreed in Article II Paragraph 5 hereof has been exhausted, whichever is the earlierpartial order). This Framework Agreement shall terminate with the lapse of the agreed term; upon the exhaustion fulfilment of the maximum financial Financial limit stated in the sense of the Article II Paragraph paragraph 5 hereofof this Framework Agreement; by written agreement of the Parties; by written notice of termination by either Party; by withdrawal from this Framework Agreement subject to the terms given below in the event of a substantial breach hereof by either Party. The Parties agree that they consider the following cases in particular to constitute a substantial breach hereof: a failure to meet technical specification of Goods pursuant to Article II Paragraph 1 hereof or pursuant to Annex No. 1 heretohereto or do not comply with the relevant detailed drawing or the specified technical specification, ie the approved dimensioned technical drawing in accordance with Article III, paragraphs 5 and 6 of this Framework Agreement; repeated, at minimum the second, delay of the Contractor Seller in the delivery of Goods according to partial contracts for a period exceeding 7 business 10 days; use if the quantity of the Dandy roll with exclusive watermark defective Prelaminates in breach deliveries is repeatedly higher than that referred to in Article IV (8) of the Article VII paragraph 6 of the this Framework Agreement. ; breach of Article X VIII hereof which has not been remedied following a previous notice for correction, breach of obligation under Article VII XIII Paragraph 8 1 hereof; breach of obligation under Article VII XIII Paragraph 15 7 hereof. The partial contract shall terminate: if such termination is agreed upon by both of the Parties hereto; by By withdrawal of the Client Buyer in the case pursuant to Article VIII VII Paragraph 5 10 letter (d) hereof; or in the case of a breach of the partial contract by the Contractor Seller in a substantial manner, whereas the Parties consider such a breach of the partial contract in a substantial manner to be in particular the case pursuant to Article XIII XII Paragraph 4 letters (a), (dc), and (ed) hereof and the case where the Contractor Seller is in delay with the delivery of Goods according to specific partial contract for more than 2 calendar weeks. The written notice of withdrawal from this Framework Agreement or a specific partial contract shall take effect on the day the written notice of withdrawal is delivered to the other Party. The notice of withdrawal from this Framework Agreement or a specific partial contract must be sent by registered mail. Withdrawal from this Framework Agreement or from a specific partial contract does not terminate the contractual relationship from the very beginning, the mutual performances provided by the Parties until the termination of this Framework Agreement or a specific partial contract shall be retained by both Parties. The Parties are entitled to terminate this Framework Agreement at any time, without stating any reason. The notice period shall be 6 months and shall begin on the first day of the calendar month following the delivery of written notice of termination to the other Party. The notice must be sent by registered mail. The Parties take into consideration that they are obliged to fulfil the obligations arising from this Framework Agreement during the notice period. Termination of this Framework Agreement shall not affect the provisions regarding contractual penalties, damage compensation, and such rights and obligations which, by their nature, shall persist even after this Framework Agreement is terminated. This Framework Agreement is also to be applied to the relations, including partial contracts, formed during this Framework Agreement even after this Framework Agreement is terminated. Within 30 calendar days as of termination of this Framework Agreement, or within the term stipulated by agreement of the Parties, the Contractor agrees to submit the Dandy roll, more precisely the Work under this Framework Agreement, to the Client against an acceptance protocol.
Appears in 1 contract
Sources: Framework Agreement
TERM OF THE FRAMEWORK AGREEMENT. This 1. The present Framework Agreement becomes valid upon signature comes into force on the day it is signed by both Parties and comes into force upon its publication taking effect once it is published in the Register of Contracts.
2. This Framework Agreement has been entered into for a definite period of time, namely for a period of 4 2 years from the date of its entry into force, or until the maximum financial limit agreed in Article II Paragraph 5 hereof has been EUR 350 000 will be exhausted, whichever is the earlier.
3. This Framework Agreement shall terminate terminate
a) with the lapse of the agreed term; ;
b) upon the exhaustion of the maximum financial limit stated in Article II Paragraph 5 hereof; 2 of this Article;
c) by written agreement of the Parties; ;
d) by written notice of termination by either Party; ;
e) by withdrawal from this Framework Agreement subject to the terms given below in the event of a substantial breach hereof by either Party.
4. The Buyer may withdraw from this Framework Agreement in the event of a substantial breach of this Framework Agreement by the Seller within the meaning of § 2001 et seq. of the Civil Code or in other cases specified in this Framework Agreement. The Parties agree that they consider the following cases in particular to constitute a substantial breach hereof: :
a) a failure to meet technical specification of Goods pursuant to Article II Paragraph 1 hereof or pursuant to Annex No. 1 hereto; ;
b) repeated, at minimum the second, delay of the Contractor Seller in the delivery of Goods according to partial contracts for a period exceeding 7 business days; use ;
c) ▇▇▇▇▇▇'s statements referred to Article VI paragraph 8 hereof prove to be false;
d) the Seller violates the obligation to notify the Buyer of the Dandy roll with exclusive watermark fact stated in the last sentence of the Article VI paragraph 9 hereof;
e) breach of obligation under Article VIII Paragraph 1 hereof;
f) breach of obligation under Article VIII Paragraph 2 to 6 hereof;
g) breach of obligation under Article VIII Paragraph 7 point c) or d) hereof;
h) breach of obligation under Article VIII Paragraph 8 hereof;
i) breach of the Seller's obligations in Article VII paragraph 6 VIII Paragraph 10 or 11 or 12 of the this Framework Agreement. .
j) breach of Article X IX hereof which has not been remedied following a previous notice for correction, .
k) breach of obligation under Article VII XIV Paragraph 8 7 hereof; breach of obligation under Article VII Paragraph 15 hereof.
5. The partial contract shall terminate: :
a) if such termination is agreed upon by both of the Parties hereto; ;
b) by withdrawal of the Client Buyer
i. in the case pursuant to Article VIII VII Paragraph 5 letter (d) hereof; or or
ii. in the case of a breach of the partial contract by the Contractor Seller in a substantial manner, whereas the Parties consider such a breach of the partial contract in a substantial manner to be in particular the case pursuant to Article XIII Paragraph 4 letters (a), (c), (d), (e), (f), (g), (h), (i) and (ej) hereof and the case where the Contractor Seller is in delay with the delivery of Goods according to specific partial contract for more than 2 calendar weeks.
6. The written notice of withdrawal from this Framework Agreement or a specific partial contract shall take effect on the day the written notice of withdrawal is delivered to the other Party. The notice of withdrawal from this Framework Agreement or a specific partial contract must be sent by registered mail. Withdrawal from this Framework Agreement or from a specific partial contract does not terminate the contractual relationship from the very beginning, the mutual performances provided by the Parties until the termination of this Framework Agreement or a specific partial contract shall be retained by both Parties.
7. The Parties are entitled to terminate this Framework Agreement at any time, without stating any reason. The notice period shall be 6 months and shall begin on the first day of the calendar month following the delivery of written notice of termination to the other Party. The notice must be sent by registered mail. The Parties take into consideration that they are obliged to fulfil the obligations arising from this Framework Agreement during the notice period.
8. Termination of this Framework Agreement shall not affect the provisions regarding contractual penalties, damage compensation, and such rights and obligations which, by their nature, shall persist even after this Framework Agreement is terminated. This Framework Agreement is also to be applied to the relations, including partial contracts, formed during this Framework Agreement even after this Framework Agreement is terminated. Within 30 calendar days as of termination of this Framework Agreement, or within the term stipulated by agreement of the Parties, the Contractor agrees to submit the Dandy roll, more precisely the Work under this Framework Agreement, to the Client against an acceptance protocol.
Appears in 1 contract
Sources: Framework Agreement
TERM OF THE FRAMEWORK AGREEMENT. 1. This Framework Agreement becomes valid upon signature comes into force on the day it is signed by both Parties and comes into force upon its publication taking effect once it is published in the Register of Contracts.
2. This Framework Agreement has been is entered into for a definite period of time, namely namely:
a. for a period of 4 years 1 year from the date of its entry entrance into forceforce of the Framework Agreement, or b. until the maximum financial limit agreed in Article II Paragraph 5 hereof has been EUR 78 000 will be exhausted, whichever is the earlier.
3. This Framework Agreement shall terminate terminate
a) with the lapse of the agreed term; upon the exhaustion of the maximum financial limit period stated in Article II the Paragraph 5 hereof; 2 of this Article;
b) by written agreement of the Parties; ;
c) by written notice of termination by either Party; ;
d) by withdrawal from this Framework Agreement subject to in the terms cases given below in this Framework Agreement or in the event of a substantial breach hereof by either Party.
4. The Parties agree that they consider the following cases in particular to constitute a substantial breach hereof: :
a) a failure to meet technical Technical specification of Goods pursuant to Article II Paragraph 1 hereof or pursuant to Annex No. 1 hereto; and 2 hereof;
b) repeated, at minimum the second, delay of the Contractor Seller in the delivery of Goods according to partial contracts for a period exceeding 7 business days; use ;
c) breach Seller’s obligation under Article II Paragraph 3, 4 or 5 hereof;
d) ▇▇▇▇▇▇'s statements referred to Article VI paragraph 9 hereof prove to be false;
e) the Seller violates the obligation to notify the Buyer of the Dandy roll with exclusive watermark fact stated in breach the last sentence of the Article VII VI paragraph 6 of the Framework Agreement. 9 hereof;
f) breach of Article X VIII hereof which has not been remedied following a previous notice for correction, g) breach of obligation under Article VII IX Paragraph 8 1 hereof; ;
h) breach of obligation under Article VII IX Paragraph 15 2 to 6 hereof;
i) breach of obligation under Article IX Paragraph 7 point c) hereof;
j) breach of obligation under Article IX Paragraph 8 hereof;
k) breach of the Seller's obligations in Article IX Paragraph 10 or 11 or 12 of this Framework Agreement.
5. The partial contract shall terminate: :
a) if such termination is agreed upon by both of the Parties hereto; by ;
b) By withdrawal of the Client Buyer
i. in the case pursuant to Article VIII VII Paragraph 5 letter (d) hereof; or or
ii. in the case of a breach of the partial contract by the Contractor Seller in a substantial manner, whereas the Parties consider such a breach of the partial contract in a substantial manner to be in particular the case pursuant to Article XIII Paragraph 4 letters (a), (c), (d), (e), (f), (g), (h), (i), (j) and (ek) hereof and the case where the Contractor Seller is in delay with the delivery of Goods according to specific partial contract for more than 2 calendar weeks;
iii. in other cases stated in this Framework Agreement.
6. The written notice of withdrawal from this Framework Agreement or a specific partial contract shall take effect on the day the written notice of withdrawal is delivered to the other Party. The notice of withdrawal from this Framework Agreement or a specific partial contract must be sent by registered mail. Withdrawal from this Framework Agreement or from a specific partial contract does not terminate the contractual relationship from the very beginning, the mutual performances provided by the Parties until the termination of this Framework Agreement or a specific partial contract shall be retained by both Parties.
7. The Parties are entitled to terminate this Framework Agreement at any time, without stating any reason. The notice period shall be 6 3 months and shall begin on the first day of the calendar month following the delivery of written notice of termination to the other Party. The notice must be sent by registered mail. The Parties take into consideration that they are obliged to fulfil the obligations arising from this Framework Agreement during the notice period.
8. Termination of this Framework Agreement shall not affect the provisions regarding contractual penalties, damage compensation, and such rights and obligations which, by their nature, shall persist even after this Framework Agreement is terminated. This Framework Agreement is also to be applied to the relations, including partial contracts, formed during this Framework Agreement even after this Framework Agreement is terminated. Within 30 calendar days as of termination of this Framework Agreement, or within the term stipulated by agreement of the Parties, the Contractor agrees to submit the Dandy roll, more precisely the Work under this Framework Agreement, to the Client against an acceptance protocol.
Appears in 1 contract
Sources: Framework Agreement for the Production and Supply of Intaglio Inks for Alcohol Tax Stamps
TERM OF THE FRAMEWORK AGREEMENT. 1. This Framework Agreement becomes valid upon signature by both Parties and comes into force upon on the day it is signed by both Contracting Parties and taking effect on the day of its publication in the Register of Contracts.
2. This Framework Agreement has been is entered into for a definite period of time, namely for a period of 4 years from the date of its entry into force, or until the maximum financial limit agreed in Article II Paragraph 5 hereof has been is exhausted, whichever is the earlier.
3. This Framework Agreement shall terminate terminate
a) with the lapse of the agreed term; period of time stated in the paragraph 2 of this Article;
b) upon the exhaustion of the maximum financial total quantitative limit stated in Article II Paragraph 5 hereof; 5;
c) by written agreement of the Parties; ;
d) by written notice of termination by either Party; ;
e) by withdrawal from this Framework Agreement subject to in the terms cases given below in this Framework Agreement or in the event of a substantial breach hereof by either Party.
4. The Parties agree that they consider the following cases in particular to constitute a substantial breach hereof: :
a) a failure to meet technical Technical specification of Goods pursuant to Article II Paragraph 1 hereof or pursuant to Annex No. 1 hereto3; or
b) repeated, at minimum the second, delay of the Contractor Seller in the delivery of Goods according to partial contracts for a period exceeding 7 business working days; use or
c) ▇▇▇▇▇▇'s statements referred to Article VI paragraph 10 hereof prove to be false; or
d) Seller violates the obligation to notify the Buyer of the Dandy roll with exclusive watermark fact stated in breach the last sentence of the Article VII VI paragraph 6 of the Framework Agreement. 10 hereof; or
e) breach of Article X VIII hereof which has not been remedied following a previous notice for correction, ; or
f) breach of obligation under Article VII IX Paragraph 8 1 hereof; or
g) breach of obligation under Article VII IX Paragraph 15 2 point c) hereof.
5. The partial contract shall terminate: :
a) if such termination is agreed upon by both of the Parties hereto; by ;
b) By withdrawal of the Client Buyer
i. in the case pursuant to Article VIII VII Paragraph 5 4 letter (d) hereof; or or
ii. in the case of a breach of the partial contract by the Contractor Seller in a substantial manner, whereas the Parties consider such a breach of the partial contract in a substantial manner to be in particular the case pursuant to Article XIII Paragraph 4 letters (a), (c), (d), and (e), (f) or (g) hereof and the case where the Contractor Seller is in delay with the delivery of Goods according to specific partial contract for more than 2 calendar weeks7 working days from delivery term; or
iii. in other cases stated in this Framework Agreement.
6. The written notice of withdrawal from this Framework Agreement or a specific partial contract shall take effect on the day the written notice of withdrawal is delivered to the other Party. The notice of withdrawal from this Framework Agreement or a specific partial contract must be sent by registered mail. Withdrawal from this Framework Agreement or from a specific partial contract does not terminate the contractual relationship from the very beginning, the mutual performances provided by the Parties until the termination of this Framework Agreement Agreement, or a specific partial contract shall be retained by both Parties.
7. The Parties are entitled to terminate this Framework Agreement at any time, without stating any reason. The notice period shall be 6 3 months and shall begin on the first day of the calendar month following the delivery of written notice of termination to the other Party. The notice must be sent by registered mail. The Parties take into consideration that they are obliged to fulfil the obligations arising from this Framework Agreement during the notice period.
8. Termination of this Framework Agreement shall not affect the provisions regarding contractual penalties, damage compensation, and such rights and obligations which, by their nature, shall persist even after this Framework Agreement is terminated. This Framework Agreement is also to be applied to the relations, including partial contracts, formed during this Framework Agreement even after this Framework Agreement is terminated. Within 30 calendar days as of termination of this Framework Agreement, or within the term stipulated by agreement of the Parties, the Contractor agrees to submit the Dandy roll, more precisely the Work under this Framework Agreement, to the Client against an acceptance protocol.
Appears in 1 contract
Sources: Invitation for Tender Submission
TERM OF THE FRAMEWORK AGREEMENT. This The present Framework Agreement becomes valid upon signature comes into force on the day it is signed by both Parties and comes into force upon its publication taking effect once it is published in the Register of Contracts. This Framework Agreement has been entered into for a definite period of time, namely for a period of 4 2 years from the date of its entry into force, or until the maximum financial limit agreed in Article II Paragraph 5 hereof has been EUR 132 000 will be exhausted, whichever is the earlier. This Framework Agreement shall terminate with the lapse of the agreed term; upon the exhaustion of the maximum financial limit stated in Article II Paragraph 5 hereof2 of this Article; by written agreement of the Parties; by written notice of termination by either Party; by withdrawal from this Framework Agreement subject to the terms given below in the event of a substantial breach hereof by either Party. The Buyer may withdraw from this Framework Agreement in the event of a substantial breach of this Framework Agreement by the Seller within the meaning of § 2001 et seq. of the Civil Code or in other cases specified in this Framework Agreement. The Parties agree that they consider the following cases in particular to constitute a substantial breach hereof: a failure to meet technical specification of Goods pursuant to Article II Paragraph 1 hereof or pursuant to Annex No. 1 hereto; repeated, at minimum the second, delay of the Contractor Seller in the delivery of Goods according to partial contracts for a period exceeding 7 business days; use Seller's statements referred to Article VI paragraph 8 hereof prove to be false; the Seller violates the obligation to notify the Buyer of the Dandy roll with exclusive watermark fact stated in the last sentence of the Article VI paragraph 9 hereof; breach of obligation under Article VIII Paragraph 1 hereof; breach of obligation under Article VIII Paragraph 2 to 6 hereof; breach of obligation under Article VIII Paragraph 7 point c) or d) hereof; breach of obligation under Article VIII Paragraph 8 hereof; breach of the Seller's obligations in Article VII paragraph 6 VIII Paragraph 10 or 11 or 12 of the this Framework Agreement. breach of Article X IX hereof which has not been remedied following a previous notice for correction, . breach of obligation under Article VII XIV Paragraph 8 hereof; breach of obligation under Article VII Paragraph 15 6 a 7 hereof. The partial contract shall terminate: if such termination is agreed upon by both of the Parties hereto; by withdrawal of the Client Buyer in the case pursuant to Article VIII VII Paragraph 5 letter (d) hereof; or in the case of a breach of the partial contract by the Contractor Seller in a substantial manner, whereas the Parties consider such a breach of the partial contract in a substantial manner to be in particular the case pursuant to Article XIII Paragraph 4 letters (a), (c), (d), (e), (f), (g), (h), (i) and (ej) hereof and the case where the Contractor Seller is in delay with the delivery of Goods according to specific partial contract for more than 2 calendar weeks. The written notice of withdrawal from this Framework Agreement or a specific partial contract shall take effect on the day the written notice of withdrawal is delivered to the other Party. The notice of withdrawal from this Framework Agreement or a specific partial contract must be sent by registered mail. Withdrawal from this Framework Agreement or from a specific partial contract does not terminate the contractual relationship from the very beginning, the mutual performances provided by the Parties until the termination of this Framework Agreement or a specific partial contract shall be retained by both Parties. The Parties are entitled to terminate this Framework Agreement at any time, without stating any reason. The notice period shall be 6 months and shall begin on the first day of the calendar month following the delivery of written notice of termination to the other Party. The notice must be sent by registered mail. The Parties take into consideration that they are obliged to fulfil the obligations arising from this Framework Agreement during the notice period. Termination of this Framework Agreement shall not affect the provisions regarding contractual penalties, damage compensation, and such rights and obligations which, by their nature, shall persist even after this Framework Agreement is terminated. This Framework Agreement is also to be applied to the relations, including partial contracts, formed during this Framework Agreement even after this Framework Agreement is terminated. Within 30 calendar days as of termination of this Framework Agreement, or within the term stipulated by agreement of the Parties, the Contractor agrees to submit the Dandy roll, more precisely the Work under this Framework Agreement, to the Client against an acceptance protocol.
Appears in 1 contract
Sources: Framework Agreement
TERM OF THE FRAMEWORK AGREEMENT. 1. This Framework Agreement becomes valid upon signature by both Parties and comes into force upon on the day it is signed by both Contracting Parties and taking effect on the day of its publication in the Register of Contracts.
2. This Framework Agreement has been is entered into for a definite period of time, namely for a period of 4 years from the date of its entry into force, or until the maximum financial limit agreed in Article II Paragraph 5 hereof has been is exhausted, whichever is the earlier.
3. This Framework Agreement shall terminate terminate
a) with the lapse of the agreed term; period of time stated in the paragraph 2 of this Article;
b) upon the exhaustion of the maximum financial total quantitative limit stated in Article II Paragraph 5 hereof; 5;
c) by written agreement of the Parties; ;
d) by written notice of termination by either Party; ;
e) by withdrawal from this Framework Agreement subject to in the terms cases given below in this Framework Agreement or in the event of a substantial breach hereof by either Party.
4. The Parties agree that they consider the following cases in particular to constitute a substantial breach hereof: :
a) a failure to meet technical Technical specification of Goods pursuant to Article II Paragraph 1 hereof or pursuant to Annex No. 1 hereto3; or
b) repeated, at minimum the second, delay of the Contractor Seller in the delivery of Goods according to partial contracts for a period exceeding 7 business working days; use or
c) Seller's statements referred to Article VI paragraph 10 hereof prove to be false; or
d) Seller violates the obligation to notify the Buyer of the Dandy roll with exclusive watermark fact stated in breach the last sentence of the Article VII VI paragraph 6 of the Framework Agreement. 10 hereof; or
e) breach of Article X VIII hereof which has not been remedied following a previous notice for correction, ; or
f) breach of obligation under Article VII IX Paragraph 8 1 hereof; or
g) breach of obligation under Article VII IX Paragraph 15 2 point c) hereof.
5. The partial contract shall terminate: :
a) if such termination is agreed upon by both of the Parties hereto; by ;
b) By withdrawal of the Client Buyer
i. in the case pursuant to Article VIII VII Paragraph 5 4 letter (d) hereof; or or
ii. in the case of a breach of the partial contract by the Contractor Seller in a substantial manner, whereas the Parties consider such a breach of the partial contract in a substantial manner to be in particular the case pursuant to Article XIII Paragraph 4 letters ▇▇▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇ (a▇), (d▇), and (e▇), (▇), (▇) or (g) hereof and the case where the Contractor Seller is in delay with the delivery of Goods according to specific partial contract for more than 2 calendar weeks7 working days from delivery term; or
iii. in other cases stated in this Framework Agreement.
6. The written notice of withdrawal from this Framework Agreement or a specific partial contract shall take effect on the day the written notice of withdrawal is delivered to the other Party. The notice of withdrawal from this Framework Agreement or a specific partial contract must be sent by registered mail. Withdrawal from this Framework Agreement or from a specific partial contract does not terminate the contractual relationship from the very beginning, the mutual performances provided by the Parties until the termination of this Framework Agreement Agreement, or a specific partial contract shall be retained by both Parties.
7. The Parties are entitled to terminate this Framework Agreement at any time, without stating any reason. The notice period shall be 6 3 months and shall begin on the first day of the calendar month following the delivery of written notice of termination to the other Party. The notice must be sent by registered mail. The Parties take into consideration that they are obliged to fulfil the obligations arising from this Framework Agreement during the notice period.
8. Termination of this Framework Agreement shall not affect the provisions regarding contractual penalties, damage compensation, and such rights and obligations which, by their nature, shall persist even after this Framework Agreement is terminated. This Framework Agreement is also to be applied to the relations, including partial contracts, formed during this Framework Agreement even after this Framework Agreement is terminated. Within 30 calendar days as of termination of this Framework Agreement, or within the term stipulated by agreement of the Parties, the Contractor agrees to submit the Dandy roll, more precisely the Work under this Framework Agreement, to the Client against an acceptance protocol.
Appears in 1 contract
Sources: Framework Agreement