Notice-Termination. Either of the parties has the right to terminate the Agreement without observing any notice period, by giving written notice to the other party, if: - the other party has ceased to exist; - the other party has been declared insolvent, has been granted a suspension of payment or has adopted a winding-up resolution; - the other party no longer performs any activities; or - the other party is in breach of its obligation under the Agreement and fails to remedy that breach within 30 days after notice of default.
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Sources: General Delivery Conditions, General Delivery Conditions, General Delivery Conditions