Common use of Termination by the Client Clause in Contracts

Termination by the Client. 11.1 Where the Client purports to terminate this Contract after expiry of the Minimum Contract Period other than in accordance with clause 2.1 or 10.3 ACUTEC shall be entitled (without prejudice to any of its other rights) to treat such purported termination as a repudiator breach and accept such repudiation by terminating this Contract in which case the Client shall pay to ACUTEC an amount equivalent to the cost of 30 days Charges which the Client would have incurred had the Client given 3 months prior written notice of termination in accordance with clause 2.1. 11.2 Where the Client purports to terminate this Contract during the Minimum Contract Period other than in accordance with clause 10.3, ACUTEC shall be entitled (without prejudice to any of its other rights and remedies) to treat such purported termination as a repudiator breach and accept such repudiation by terminating this Contract in which case the Client shall pay to ACUTEC , in addition to any unpaid Charges due at the date of termination, an amount equal to the remaining Charges for Services that the Client would have incurred up to the end of the Minimum Contract Period had the termination not taken place, less an accelerated payment discount at the rate of the Bank of England base rate current at the date of termination calculated on a daily basis to take account of early receipt.

Appears in 2 contracts

Sources: Software and Hardware Agreement, Software and Hardware Agreement

Termination by the Client. 11.1 Where the Client purports to terminate this Contract after expiry of the Minimum Contract Period other than in accordance with clause 2.1 or 10.3 ACUTEC Technology Management shall be entitled (without prejudice to any of its other rights) to treat such purported termination as a repudiator breach and accept such repudiation by terminating this Contract in which case the Client shall pay to ACUTEC Technology Management an amount equivalent to the cost of 30 days Charges which the Client would have incurred had the Client given 3 months prior written notice of termination in accordance with clause 2.1. 11.2 Where the Client purports to terminate this Contract during the Minimum Contract Period other than in accordance with clause 10.3, ACUTEC Technology Management shall be entitled (without prejudice to any of its other rights and remedies) to treat such purported termination as a repudiator repudiatory breach and accept such repudiation by terminating this Contract in which case the Client shall pay to ACUTEC Technology Management , in addition to any unpaid Charges due at the date of termination, an amount equal to the remaining Charges for Services that the Client would have incurred up to the end of the Minimum Contract Period had the termination not taken place, less an accelerated payment discount at the rate of the Bank of England base rate current at the date of termination calculated on a daily basis to take account of early receipt.

Appears in 1 contract

Sources: Software and Hardware Agreement