TERMINATION OF THE FRAMEWORK AGREEMENT Sample Clauses
The 'Termination of the Framework agreement' clause defines the conditions and procedures under which the overarching agreement between parties can be ended before its natural expiration. This clause typically outlines the specific events or breaches that may trigger termination, such as non-performance, insolvency, or mutual consent, and may require written notice or a cure period before termination takes effect. Its core practical function is to provide a clear and structured process for ending the business relationship, thereby managing risk and ensuring both parties understand their rights and obligations in the event of early termination.
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TERMINATION OF THE FRAMEWORK AGREEMENT a. The Procuring Agency may terminate this Framework Agreement immediately, by notice in Writing to the ▇▇ ▇▇▇▇▇▇, if:
i. in the judgement of the Procuring Agency, the ▇▇ ▇▇▇▇▇▇ has engaged in Fraud and/or Corruption, or
ii. during the Term of the Framework Agreement, the ▇▇ ▇▇▇▇▇▇ (including any subcontractor), Goods and/or Related Services become in-eligible, in breach of paragraph 13 of this Section, or
iii. the ▇▇ ▇▇▇▇▇▇ purports to assign, sub-contract, or otherwise transfer or dispose of this Framework Agreement, in whole, or in part, in breach of paragraph 2 of this Section, or iv. the ▇▇ ▇▇▇▇▇▇ becomes bankrupt or otherwise insolvent.
TERMINATION OF THE FRAMEWORK AGREEMENT. The Account Holder may terminate the Framework Agreement ipso jure which will entail closing his Payment Account by any means after complying with a (1) one-month notice period. The Account Holder must maintain sufficient Funds to ensure successful completion of the pending Payment Transactions during the time necessary for settling them and payment of the fees owed by the Account Holder. Lemonway may automatically terminate the Framework Agreement which will entail closing the Payment Account by registered letter with acknowledgment of receipt following a (2) two-month notice period. In the event of a serious breach by a Party, the Framework Agreement may be terminated with immediate effect. Serious breach by the Account Holder is understood as: communication of false information; exercise of unlawful activity, contrary to common decency, money laundering or terrorist financing; threats against Lemonway’s employees or the Partner’s employees; failure to pay; breach of an obligation by the Account Holder hereunder; termination of the relationship between the Account Holder and the Partner; termination of the relationship between the Partner and Lemonway; over- indebtedness or, for legal entities, appointment of an ad-hoc representative, an insolvency administrator, initiation of insolvency or liquidation proceedings. Serious breach by Lemonway is understood as: communication of false information; breach of an obligation hereunder; appointment of an ad-hoc representative, an insolvency administrator, initiation of insolvency or liquidation proceedings. In the event of a change in the applicable regulations and the interpretation made thereof by the relevant regulatory authority, affecting the capacity of Lemonway or its employees to execute the Payment Transactions, the Framework Agreement will automatically be terminated. The Account Holder will no longer be able to send a Payment Order as of the effective date of the termination. The Account may be kept open for a period of 13 months to cover any disputes and subsequent claims. Payment Transactions initiated before the effective date of termination will not be affected by the request for termination and must be executed under the terms of the Framework Agreement. The termination of the Framework Agreement shall result in the definitive closure of the Payment Account. Closing a Payment Account may not give rise to any compensation, whatever may be the damage caused by the closing of this Payment Account. U...
TERMINATION OF THE FRAMEWORK AGREEMENT. 23.1 This Framework Agreement may be terminated immediately on written notice to the Supplier by the Framework Authority and without compensation to the Supplier:
23.1.1 if the Supplier commits a material Default of this Framework Agreement capable of remedy which is not remedied within thirty (30) days after written receipt of notice of the material Default requiring the material Default to be remedied from the Framework Authority to the Supplier;
23.1.2 if the Supplier commits a material Default of this Framework Agreement which is not capable of being remedied;
23.1.3 if an Audit reveals that a material Default has been committed by the Supplier and this Default cannot be remedied in accordance with clause 23.1.1;
23.1.4 if there are persistent minor breaches, and the Supplier has been served with 4 written notices of a minor breach within a 12 month period by the Framework Authority.
23.1.5 in accordance with any of the provisions of this Framework Agreement;
23.1.6 the Supplier commits a material Default under a Call-Off Contract which is either not capable of remedy or which is not remedied in accordance with the Rectification Plan Process and, in both cases:
(a) the Default is such that the Framework Authority can reasonably have no further confidence in the Supplier to deliver the Goods to the Contracting Authorities; and
(b) the Supplier has, at the time of the material Default referred to in clause 23.1.1, already committed one or more material Defaults under two different Call-Off Contracts which are either not capable of remedy or have not been remedied in accordance with the Rectification Plan Process;
23.1.7 the Framework Authority reasonably believes that the Supplier or any of its directors or officers has been involved in any fraudulent activities or misapplication of funds (whether involving the Goods or not);
23.1.8 the Supplier being a company shall pass a resolution for winding up (other than for the purposes of a bona fide reconstruction or amalgamation) or a court shall make a winding up order or a receiver, administrative receiver, manager or administrator is appointed in respect of all or any part of the Supplier's assets;
23.1.9 the Supplier being a partnership shall be dissolved or, being an individual, shall have a bankruptcy petition presented or shall die;
23.1.10 the Supplier shall cease or threaten to cease to carry on its business or be unable to pay its debts or become insolvent (within the meaning of the Insolvency Act 19...
TERMINATION OF THE FRAMEWORK AGREEMENT. 16.1 KPLC, without prejudice to any remedy for breach of the Framework Agreement, may terminate this Framework Agreement immediately, by notice In Writing to the Supplier, if:
(a) in the judgement of KPLC, the Supplier has engaged in Fraud and Corruption, or
(b) during the Term of the Framework Agreement, the Supplier ceases to be qualified or eligible as per FWAGP 4. or
(c) the Supplier purports to assign, or otherwise transfer or dispose of this Framework Agreement, in whole, or in part, without the prior written consent of KPLC, or
(d) the Supplier becomes bankrupt or otherwise insolvent.
16.2 KPLC may terminate this Framework Agreement, in whole or in part, by noticeIn Writing sent to the Supplier, at any time, for its convenience. Thenotice of termination shall specify that the termination is for KPLC’sconvenience, the extent to which the performance of the supplierunder the Framework Agreement is terminated, and the date uponwhich such termination becomes effective.
TERMINATION OF THE FRAMEWORK AGREEMENT. 2.4.1 The LGOPC may, by written notice, terminate this Framework Agreement (without recompense to the Economic Operator) thus ending the participation of the Economic Operator in the Framework, in the following circumstances: • if the Economic Operator breaches the terms of this Framework Agreement; or • if the provisions of Regulation 73 of the Regulations apply; or • if the Economic Operator falls within a relevant exclusion ground under Regulation 57 of the Regulations; or • if the Economic Operator fails to provide the requisite evidence of compliance with the declarations submitted in its ESPD following a request from the LGOPC and/or a Contracting Authority; or • if the Economic Operator fails to provide, to the LGOPC or the Contracting Authorities, renewed and updated self-declarations in accordance with Regulation 34 (24) of the Regulations; or • if any statement made by the Economic Operator in connection with the procedure by which this Framework Agreement was entered into was: (a) untrue when made or subsequently ceases to be true; or (b) was materially incorrect, inaccurate or misleading (whether intentionally so or not).
2.4.2 The LGOPC, acting in its sole discretion, may, by giving written notice, collapse the Framework Agreement and therefore end the Framework Agreements with all Economic Operators appointed thereto, without recompense to any Economic Operator, at any time during the term of the Framework Agreement.
TERMINATION OF THE FRAMEWORK AGREEMENT. The framework agreement terminates, without going to court or other formalities, in the following situations:
(1) if the student is expelled;
(2) if the student fails to respect the obligations and conditions of the current framework agreement;
(3) with the approval of the practicum organizer and practicum host organization. In the first situation, termination occurs through the adoption of the expulsion decision by the Administrative Board of the University.
TERMINATION OF THE FRAMEWORK AGREEMENT. If the Framework Agreement is terminated, this Referral Module will be automatically terminated.
TERMINATION OF THE FRAMEWORK AGREEMENT.
1.4.1 The LGOPC may, by written notice, terminate this Framework Agreement (without recompense to the Economic Operator) thus ending the participation of the Economic Operator in the Framework, in the following circumstances: • if the Economic Operator breaches the terms of this Framework Agreement; or • if the provisions of Regulation 73 of the Regulations apply; or • if the Economic Operator fails to provide the requisite evidence of compliance with the declarations submitted in its ESPD within seven calendar days of a request from the LGOPC and/or a Contracting Authority; or • if any statement made by the Economic Operator in connection with the procedure by which this Framework Agreement was entered into was: (a) untrue when made or subsequently ceases to be true; or (b) was materially incorrect, inaccurate or misleading (whether intentionally so or not).
1.4.2 Termination of this Framework Agreement does not affect then existing sRFT Contracts.
1.4.3 The LGOPC, acting in its sole discretion, may, by giving written notice, collapse and therefore end the Framework Agreement with all economic operators appointed thereto at any time during its term.
TERMINATION OF THE FRAMEWORK AGREEMENT a. The Procuring Agency may terminate this Framework Agreement immediately, by notice in Writing to the ▇▇ ▇▇▇▇▇▇, if:
i. in the judgement of the Procuring Agency, the ▇▇ ▇▇▇▇▇▇ has engaged in Fraud and/or Corruption, as described in the World Bank Group’s Sanctions Framework, and set out in the Appendix to Schedule 4, Call-off Contract General Conditions of Contract, has been sanctioned by the Bank in relation to Fraud and Corruption, or
ii. during the Term of the Framework Agreement, the ▇▇ ▇▇▇▇▇▇ (including any subcontractor), Goods and/or Related Services become in-eligible, in breach of paragraph 13 of this Section, or
iii. the ▇▇ ▇▇▇▇▇▇ purports to assign, sub-contract, or otherwise transfer or dispose of this Framework Agreement, in whole, or in part, in breach of paragraph 2of this Section, or iv. the FA Holderbecomes bankrupt or otherwise insolvent.
TERMINATION OF THE FRAMEWORK AGREEMENT. The causes, application and effects of termination of the contract are those established in articles 211, 212, 213 and 313 of the LCSP. In particular, the non-fulfilment of the essential contractual obligations established in section P of the SD will be a cause for termination of the contract. In addition to the conditions established in the aforementioned sections, in any case, an essential condition of the contract is considered to be the dedication of sufficient personal and/or material resources for its correct performance. In all cases, the termination of the contract will be carried out following the procedure established in article 191 of the LCSP and in article 109 of the RGLCAP..