Repudiatory breach Clause Samples
A repudiatory breach clause defines a serious violation of contract terms that entitles the non-breaching party to treat the contract as terminated. In practice, this clause applies when one party either refuses to perform their obligations or commits a breach so fundamental that it undermines the contract's purpose, such as failing to deliver essential goods or services. Its core function is to provide a clear legal basis for ending the contract and seeking remedies when a significant breach occurs, thereby protecting parties from being bound to an agreement that has been fundamentally undermined.
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Repudiatory breach. A repudiatory breach exists i.a. in the following cases: The Consultant’s bankruptcy if the bankrupt estate does not without undue delay, upon enquiry from MFA, give notice that the estate will assume the rights and duties under the Contract The Consultant’s reconstruction, opening of negotiations for a com- position with creditors or otherwise materially deteriorated financial situation which jeopardises the proper performance of the Contract The Consultant’s ceasing to perform the activities covered by the Contract, or if other circumstances arise that jeopardise the proper performance of the Contract Material breach of CSR requirements or labour clause by the Con- sultant or subcontractor, see detailed regulations in Appendix 3 Failure by the Consultant to take out insurance, see Clause 9. The list of examples is not exhaustive.