Common use of General Clauses Clause in Contracts

General Clauses. 12.1. A Party shall be entitled to terminate this Agreement in the event of a material breach of any provision by the other Party. However, the termination can only occur in the event it has not been remedied within thirty days from the date of a written notice to the defaulting Party. A material breach shall be considered one which endangers the successful completion of operations and the general equilibrium of this Agreement.

General Clauses. 12.1. A Any Party shall be entitled to terminate this Agreement in the event of a material breach of any provision by the any other Party. However, the termination can only occur in the event it has not been remedied within thirty days from the date of a written notice to the defaulting PartyParty or Parties. A material breach shall be considered one which endangers the successful completion of operations and the general equilibrium of this Agreement.