Cancellation and Rescission. 19.1. In the event that a Contract has been entered into for an indefinite period of time and is, due to its nature and content, not discharged by performance, the Company may cancel it by means of notice of termination in Written Form. If no provision has been included in the Contract as to a notice period, a reasonable notice period with a maximum duration of 1 month must be observed in the termination. In connection with cancelation by way of giving notice, the Company shall never be required to pay any damages.
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Samples: General Purchasing Terms and Conditions, General Purchasing Terms and Conditions, General Purchasing Terms and Conditions
Cancellation and Rescission. 19.1. In the event that a Contract has been entered into for an indefinite period of time and ishas, due to its nature and content, not discharged by performance, been fulfilled the Company may cancel it by means of notice of termination in Written Form. If no provision has been included in the Contract as to a notice period, a reasonable notice period with a maximum duration of not exceeding 1 month must be observed in the termination. In connection with cancelation by way of giving notice, the Company shall never be required to pay any damages.
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