Common use of CANCELLATION OR SUSPENSION Clause in Contracts

CANCELLATION OR SUSPENSION. The CLINICAL TRIAL may be cancelled or suspended by one of the PARTIES in any of the situations provided for in article 27 of RD 1090/2015, and also in the following cases: Due to breach of the essential obligations undertaken by one of the PARTIES. Due to breach or defective performance of the remaining obligations undertaken by another of the PARTIES, as long as such breach is not rectified within fifteen (15) days from when the other Party informs it of the breach in writing. By mutual agreement between the PARTIES, stated in writing.

CANCELLATION OR SUSPENSION. The CLINICAL TRIAL may be cancelled or suspended by one of the PARTIES Parties in any of the situations provided for in article 27 circumstances established by Article 26 of RD 1090/2015223/2004, and also as well as in the following cases: Due to For a breach of the essential obligations undertaken assumed by any one of the PARTIESParties. Due to breach For non-compliance or defective performance observance of the remaining obligations undertaken assumed by another of Party, provided that the PARTIES, as long as such breach is not rectified defaulting Party fails to rectify the default or defect within fifteen (15) days from when the other Party informs it of the breach date upon which the claimant Party requests compliance therefrom in writing. ; By written mutual agreement between among the PARTIES, stated in writingParties.