Rescission of contract Sample Clauses

Rescission of contract. 19.1 If this contract expressly gives a party a right to rescind, the party can exercise the right
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Rescission of contract. If for any reason the conditions precedent set ------------------------ forth in article 5.2 and 5.3 have not all been fulfilled by any Party on or prior to the 90th day after the Business License has been issued, this Contract shall be deemed terminated and of no force and effect and the Company shall be dissolved. The Party that has suffered damages resulting for the breach of the contract can claim such damages against the other Party.
Rescission of contract. 13.1 By consensus between both parties, this Contract can be rescinded.
Rescission of contract. 9.1 During term of contract, if Party B has any of the following breaching acts, Party B has the right to notify Party B the termination of this Contract unilaterally (the date for termination of contract specified in notice on termination of contract received by Party B from Party A shall be the date of early termination of this Contact), take back the premises and take necessary measures. Decoration and finishing losses caused to Party B thereof shall be assumed by Party B voluntarily. Besides, Party A shall pay one month’s rent of current year to Party A as liquidated damages according to the provisions of this Contract.
Rescission of contract. If for any reason the conditions precedent set ---------------------- forth in article S.2 and 5.4 have not all been fulfilled or waived in writing by Party B on or prior to the 180th day after the Business License has been issued, at Party B's option, this Contract shall be deemed terminated and of no force and effect, the Company shall be dissolved, and the Shareholders shall have no liability of any kind hereunder to each other.
Rescission of contract. 1. If Party A commits any of the following acts, Party B shall have the right to terminate the contract in writing, and the notice of termination shall take effect upon arrival at Party A:
Rescission of contract. 1. After the agreement between the two parties, the contract can be terminated.
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Rescission of contract. In any of the following circumstances, Party A shall have the right to rescind this Contract and recover the leased Property:
Rescission of contract. The contract shall not be assigned or sublet without the written consent of the Owner and if the contractor assigns or sublets his contract or attempts to do so without consent of the Owner or by any proceedings is adjudicated as insolvent or makes any composition with creditors for their benefit or attempts to do so or if Owner shall certify in writing that in his opinion the contractor:
Rescission of contract. 13.1. Irrespective of any other rights to terminate the Contract, SKIDATA and the Principal shall be entitled to rescind the Contract with immediate effect if insolvency proceedings are instituted against the assets of the other party or an application for the institution of insolvency proceedings was rejected for lack of assets.
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