Common use of Exit Clause Clause in Contracts

Exit Clause. Either party may, by giving 60 days notice in advance to the other party, exit from the agreement and the agreement shall stand terminated on expiry of 60th day from receipt of such notice. In such cases, the PBG shall be returned after deducting any amount whatsoever due to BSNL against the agreement.

Appears in 5 contracts

Samples: Format of Franchiseeship Agreement, Format of Franchiseeship Agreement, Format of Franchiseeship Agreement

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