Common use of Breach of the Contract Clause in Contracts

Breach of the Contract. If the lessee breaches any of their obligations under this contract, and does not eliminate the violation until the deadline specified in the written notice sent to them; or liquidation or bankruptcy proceedings are commenced against the lessee; then the lessor will be entitled to immediately take back possession of the equipment and to access the lessee’s rooms and facilities for this purpose, – without prejudice to the lessor’s other claims for payments and compensations.

Breach of the Contract. ‌ If the lessee breaches any of their obligations under this contract, contract and does not eliminate the violation until remedy it within the deadline specified in the written notice sent to them; or if liquidation or bankruptcy proceedings are commenced against the lessee; then the lessor - in addition to maintaining his payment and compensation claims - will be entitled to immediately take back possession of and transport the machine, equipment and to access may enter the lessee’s rooms premises and facilities for this purpose, – without prejudice to the lessor’s other claims for payments and compensations.