Common use of Express termination clause Clause in Contracts

Express termination clause. Purchaser is entitled to terminate the Agreement, according to art. 1456 Italian Civil Code, as follows: • Supplier’s breach of the Agreement which consists of: delay in the delivery, also if delay concerns only part of Goods/Services or nonconformity with Specifications; • breach of section 13 (Assignment) of these General Terms and Conditions; • breach of section 19 (Confidentiality) of these General Terms and Conditions; • breach of section 20 (Ethical standards and human rights) of these General Terms and Conditions; • breach of section 22 (Sanctions and Exports) of these General Terms and Conditions • breach of section 23 (Data Integrity) of these General Terms and Conditions; • breach of section 24 (GSK anti bribery and corruption requirements) of these General Terms and Conditions. In such case the Purchase Order, in all or in part, will be cancelled, save for Purchaser’s right to damages. When Purchaser has the right to compensation for damages or penalty, the Parties can proceed with compensation between mutual debts and credits. In case of credit resulting from damages, Purchaser will evaluate the damage in bona fide and offset the sum according to art. 1252 Italian Civil Code.