Common use of TERMINATION OF THE ASSIGNMENT Clause in Contracts

TERMINATION OF THE ASSIGNMENT. 7.1. Either party may terminate the Assignment by giving to the other party in writing the period of notice specified in the Schedule. 7.2. Notwithstanding the provisions of clause 7.1 the End User Customer may terminate the Assignment forthwith by notice in writing to the Supplier where: 7.2.1. the Consultant has acted in breach of any statutory or other reasonable rules and regulations applicable to them while providing the Services; or 7.2.2. the End User Customer reasonably believes that the Consultant has not observed any condition of confidentiality applicable to the Consultant from time to time; or 7.2.3. the End User Customer is dissatisfied with the Consultant’s provision of the Services. 7.3. The Supplier may terminate an Assignment forthwith by notice in writing if: 7.3.1. the End User Customer is in willful or persistent breach of its obligations under this Agreement and where the breach is capable of being remedied, fails to remedy the breach within 7 days of receiving written notice from the Supplier to do so; or 7.3.2. the End User Customer fails to pay any amount which is due to the Supplier in full and on the date that the payment falls due; or 7.3.3. the End User Customer is dissolved, ceases to conduct all (or substantially all) of its business, is or becomes unable to pay its debts as they fall due, is or becomes insolvent or is declared insolvent, or convenes a meeting or makes or proposes to make any arrangement or composition with its creditors; or 7.3.4. an administrator, administrative receiver, liquidator, receiver, trustee, manager or similar is appointed over any of the assets of the End User Customer; or 7.3.5. an order is made for the winding up of the End User Customer, or where the End User Customer passes a resolution for its winding up (other than for the purpose of a solvent company reorganisation or amalgamation where the resulting entity will assume all the obligations of the other party under this Agreement); or 7.3.6. (where the End User Customer is an individual) the End User Customer dies, or as a result of illness or incapacity becomes incapable of managing his or her own affairs, or is the subject of a bankruptcy petition or order.

TERMINATION OF THE ASSIGNMENT. 7.1. Either party may terminate the Assignment by giving to the other party in writing the period of notice specified in the Schedule. 7.2. Notwithstanding the provisions of clause 7.1 the End User Customer may terminate the Assignment forthwith by notice in writing to the Supplier where: 7.2.1. the Consultant has acted in breach of any statutory or other reasonable rules and regulations applicable to them while providing the Services; or 7.2.2. the End User Customer reasonably believes that the Consultant has not observed any condition of confidentiality applicable to the Consultant from time to time; or 7.2.3. the End User Customer is dissatisfied with the Consultant’s provision of the Services. 7.3. The Supplier may terminate an Assignment forthwith by notice in writing if: 7.3.1. the End User Customer is in willful or persistent breach of its obligations under this Agreement and where the breach is capable of being remedied, fails to remedy the breach within 7 days of receiving written notice from the Supplier to do so; or 7.3.2. the End User Customer fails to pay any amount which is due to the Supplier in full and on the date that the payment falls due; or 7.3.3. the End User Customer is dissolved, ceases to conduct all (or substantially all) of its business, is or becomes unable to pay its debts as they fall due, is or becomes insolvent or is declared insolvent, or convenes a meeting or makes or proposes to make any arrangement or composition with its creditors; or 7.3.4. an administrator, administrative receiver, liquidator, receiver, trustee, manager or similar is appointed over any of the assets of the End User Customer; or 7.3.5. an order is made for the winding up of the End User Customer, or where the End User Customer passes a resolution for its winding up (other than for the purpose of a solvent company reorganisation or amalgamation where the resulting entity will assume all the obligations of the other party under this Agreement); or 7.3.6. (where the End User Customer is an individual) the End User Customer dies, or as a result of illness or incapacity becomes incapable of managing his or her own affairs, affairs or is the subject of a bankruptcy petition or order.