Common use of Default and Dissolution Clause in Contracts

Default and Dissolution. 16.1 In the event of failure by Customer to fulfill any obligation arising for it from any Agreement or these Terms and Conditions, or to fulfill same by the stipulated date, Customer shall be in default without any notice of default, and Kooyman may suspend the performance of that Agreement and agreements directly related thereto (e.g. on transportation by third parties), until payment will have been guaranteed sufficiently, or dissolve that Agreement and agreements directly related thereto in whole or in part.

Default and Dissolution. 16.1 In the event of failure by Customer to fulfill any obligation arising for it from any Agreement or and/or these Terms and Conditions, or and/or to fulfill same by the stipulated date, Customer shall be in default without any notice of default, and Kooyman ▇▇▇▇▇▇▇ may suspend the performance of that Agreement and agreements directly related thereto (e.g. on transportation by third parties), until payment will have been guaranteed sufficiently, or dissolve that Agreement and agreements directly related thereto in whole or in part.