Common use of Unilateral Cancellation Clause in Contracts

Unilateral Cancellation. Cancellation on the present Letter of Agreement by mutual agreement of the respective Approving Authorities may take place at any time, provided that the cancelling party declares its intention to cancel the current Letter of Agreement with a minimum of pre-notification time of 30 days.

Appears in 2 contracts

Sources: Letter of Agreement, Letter of Agreement

Unilateral Cancellation. Cancellation on the present Letter of Agreement by mutual agreement of the respective Approving Authorities may take place at any time, provided that the cancelling canceling party declares its intention to cancel the current Letter of Agreement with a minimum of pre-notification time of 30 days.

Appears in 1 contract

Sources: Letter of Agreement