Common use of Termination on Material Default Clause in Contracts

Termination on Material Default. The Authority may terminate this Framework Agreement by serving written notice on the Supplier with effect from the date specified in such notice where the Supplier commits a Material Default and if:

Appears in 22 contracts

Sources: Framework Agreement, Framework Agreement, Framework Agreement

Termination on Material Default. The Authority may terminate this Framework Agreement by serving written notice on the Supplier with effect from the date specified in such notice where the Supplier commits a Material Default and if: 27.8.1 the Supplier has not remedied the Material Default to the satisfaction of the Authority within twenty (20) Working Days, or such other period as may be specified by the Authority, after issue of a written notice specifying the Material Default and requesting it to be remedied; or 27.8.2 the Material Default is not, in the reasonable opinion of the Authority, capable of remedy.

Appears in 10 contracts

Sources: Goods and Services Framework Agreement, Goods and Services Framework Agreement, Goods and Services Framework Agreement

Termination on Material Default. The Authority may terminate this Framework Agreement by serving written notice on the Supplier with effect from the date specified in such notice where the Supplier commits a Material Default and if:: the Supplier has not remedied the Material Default to the satisfaction of the Authority within twenty (20) Working Days, or such other period as may be specified by the Authority, after issue of a written notice specifying the Material Default and requesting it to be remedied; or the Material Default is not, in the reasonable opinion of the Authority, capable of remedy.

Appears in 8 contracts

Sources: Framework Agreement, Framework Agreement, Framework Agreement

Termination on Material Default. The Authority may terminate this Framework Agreement for material Default by serving written notice on issuing a Termination Notice to the Supplier with effect from the date specified in such notice where the Supplier commits a Material Default and ifwhere:

Appears in 4 contracts

Sources: Framework Agreement, Framework Agreement, Corporate Finance Services Framework Agreement

Termination on Material Default. The Authority may terminate this Framework Agreement Contract for material Default by serving written notice on issuing a Termination Notice to the Supplier with effect from the date specified in such notice where the Supplier commits a Material Default and ifwhere:

Appears in 2 contracts

Sources: Flood Re Retrocession Broker Scheme Contract, Flood Re Management Agent Scheme Managed Services Contract