By the Client. The Client may terminate this Contract in case of the occurrence of any of the events specified in paragraphs (a) through (f) of this Clause GCC 2.6.1, and, in case of such an occurrence, the Client shall give, not less than fifteen (15) days‟ written notice of termination, to the Service Provider; provided a written notice of sixty (60) days‟ shall be given in the case of termination on account of the event referred to in (e). (a) If the Service Provider does not remedy a failure in the performance of its obligation(s) under the Contract, within twenty (20) days after being notified or within any further period as the Client may have subsequently approved in writing. (b) If any receiver, liquidator, trustee or administrator or similar official has been appointed for Service Provider or winding up, insolvency or dissolution proceedings in respect of Service Provider have been initiated. (c) If the Service Provider, in the judgment of the Client has engaged in corrupt or fraudulent practices in competing for or in executing the Contract. (d) If, as the result of Force Majeure, the Service Provider is unable to perform a material portion of the Services for a period of not less than thirty (30) days. (e) If the Client, in its sole discretion and for any reason whatsoever, decides to terminate this Contract. (f) If the Service Provider fails to comply with any final decision reached as a result of arbitration proceedings pursuant to Clause GCC 8 hereof.
Appears in 2 contracts
Sources: Service Agreement, Service Contract