Common use of Withdrawal from the Contract Clause in Contracts

Withdrawal from the Contract. The Buyer may withdraw from this Contract if: a) the System is not supplied or installed or commissioned within 1 month of the lapse in vain of agreed terms due to reasons attributable to the Seller. This shall be without prejudice to the provision under Art. VIII(1) hereof; b) the technical specifications of the System given in Annex 1 hereto are not complied with; c) the System is supplied with defects that are not removable or defects, the removal of which would bring about excessive costs or take an inappropriately long period of time. Either Contracting Party may withdraw from the present Contract by serving a written notice if the other Contracting Party breaches the provisions hereof in a material way. The withdrawal becomes effective on the date of delivery of a written withdrawal notice to the other Contracting Party. This shall be without prejudice to the withdrawing party's right to damages or a contractual fine or default interest.

Withdrawal from the Contract. 1. The Buyer may withdraw from this Contract if: a) the System is not supplied or installed or commissioned within 1 month of the lapse in vain of agreed terms due to reasons attributable to the Seller. This shall be without prejudice to the provision under Art. VIII(1) hereof; b) the technical specifications of the System given in Annex 1 hereto are not complied with; c) the System is supplied with defects that are not removable or defects, the removal of which would bring about excessive costs or take an inappropriately long period of time. 2. Either Contracting Party may withdraw from the present Contract by serving a written notice if the other Contracting Party breaches the provisions hereof in a material way. The withdrawal becomes effective on the date of delivery of a written withdrawal notice to the other Contracting Party. 3. This shall be without prejudice to the withdrawing party's right to damages or a contractual fine or default interest.

Withdrawal from the Contract. The Buyer may withdraw from this Contract if: a) the System is not supplied or installed or commissioned within 1 (one) month of the lapse in vain of agreed terms the delivery date due to reasons attributable to the Seller. This shall be without prejudice to the provision under Art. VIII(1) hereof; b) the technical specifications of the System given in Annex 1 hereto are not complied with; c) the System is supplied with defects that are not removable or defects, the removal of which would bring about excessive costs or take an inappropriately long period of time. Either Contracting Party may withdraw from the present Contract by serving a written notice if the other Contracting Party breaches the provisions hereof in a material way. The withdrawal becomes effective on the date of delivery of a written withdrawal notice to the other Contracting Party. This shall be without prejudice to the withdrawing party's right to damages or a contractual fine or default interest.