Common use of Termination and Effect Clause in Contracts

Termination and Effect. Termination for Convenience Either party may terminate this CSA for convenience (for any reason or for no reason), without liability to the other, on 90 days written notice to the other. Termination for Cause The Province, at its sole discretion, may terminate this CSA with immediate effect by giving written notice to the CSA Holder of the particulars, if the CSA Holder: makes any un-remediable or fraudulent misrepresentation in this CSA or its Response to the RCSA leading to this CSA; makes any other misrepresentation (including negligent or innocent) in this CSA and that is not remedied within 30 days of written request; provides information to Purchasers that conflicts with any terms and conditions of this CSA; has had any Order terminated by any Purchaser for material breach within a 12-month period; directly or indirectly assigns this CSA without consent under section 12.5; experiences an Insolvency Event, but only to the extent such termination is not prohibited by the laws of Canada; ceases or threatens to cease to carry on business; fails to remit the administrative fee or any reports pursuant to Article 4, or fails to rectify any deficiencies in accordance with Article 4; or commits any material breach of this CSA not described in this section and that is not remedied within 30 days of written request. Effect on Expiration or Termination Upon the expiration or earlier termination of this CSA, the CSA Holder will no longer be eligible to receive any Selective Service Requests, Competitive Service Requests, or Orders. The CSA Holder acknowledges and agrees that early termination of this CSA will not automatically terminate any existing Orders, which may continue in accordance with their respective terms. Accrued Rights and Obligations The expiration or termination of this CSA is without prejudice to any rights, obligations or remedies of either party accrued under this CSA before its expiration or termination. Survival Any unpaid collection and payment obligations and any other provisions of this CSA, which by their terms or nature, are intended to survive the end of this CSA or the completion of all Orders, will survive, including those provisions that are necessary for their proper interpretation. For greater certainty, any cross-references in the defined terms of Orders to the definitions in this CSA will survive. – MiSCELLANEOUS Electronic Signature An electronic signature in or attached to or associated with an email will not satisfy a requirement that a document be in writing be executed or signed unless either: the signatory for or on behalf of the party signs by hand the writing that is then scanned and emailed as an attachment in PDF; or the email or writing specifies that it constitutes the electronic signature of the signatory for and on behalf of the party.

Appears in 2 contracts

Sources: Corporate Supply Arrangement, Corporate Supply Arrangement