Common use of ABROGATION Clause in Contracts

ABROGATION. 1. KAS can abrogate the contract if the Sub-Grant Recipient does not fulfil one of the duties on which he agreed in the Sub-Grant Agreement, provided that the non-compliance is not based on force majeure and that the Sub-Grant Recipient did not comply with his duties within one month after receiving a registered warning letter from KAS. 2. In case of force majeure, the Sub-Grant Recipient informs KAS immediately of all events which could affect the compliance with this contract and provides him with all the necessary information. 3. Each party can abrogate the contract immediately if the other party does not comply with any of the duties he agreed on in this Sub-Grant Agreement or if he places demands which run contrary to the contract. 4. The Sub-Grant Agreement continues to be in effect until all duties of both parties towards the European Union have been fulfilled and until all payment transactions by and to the European Union and both contract parties have been fulfilled, so that all bank accounts, which have been opened for the Sub-Grant project, can be closed. 5. This Sub-Grant Agreement will be considered invalid in case of a premature abrogation of the contract between the European Union and KAS.

Appears in 1 contract

Sources: Sub Grant Agreement

ABROGATION. 1. KAS can abrogate the contract if the Sub-Grant Recipient does not fulfil one of the duties on which he agreed in the Sub-Grant Agreement, provided that the non-compliance is not based on force majeure and that the Sub-Grant Recipient did not comply with his duties within one month after receiving a registered warning letter from KAS. 2. In case of force majeure, the Sub-Grant Recipient informs KAS immediately of all events which could affect the compliance with this contract and provides him with all the necessary information. 3. Each party can abrogate the contract immediately if the other party does not comply with any of the duties he agreed on in this Sub-Grant Agreement or if he places demands which run contrary to the contract. 4. The Sub-Grant Agreement continues to be in effect until all duties of both parties towards the European Union have been fulfilled and until all payment transactions by and to the European Union and both contract parties have been fulfilled, so that all bank accounts, which have been opened for the Sub-Grant project, can be closed. 5. This Sub-Grant Agreement will be considered invalid in case of a premature abrogation of the contract between the European Union and KAS.

Appears in 1 contract

Sources: Sub Grant Agreement