Termination on Financial Standing. The Authority may terminate this Framework Agreement by serving notice on the Supplier in writing with effect from the date specified in such notice where (in the reasonable opinion of the Authority), there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which:
Termination on Financial Standing. The Customer may terminate this Contract by serving notice on the Supplier in writing with effect from the date specified in such notice where (in the reasonable opinion of the Customer), there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which:
Termination on Financial Standing. 23.2 The Authority will at least annually assess the financial standing of the Provider including an assessment of credit ratings as published by a credit rating agency appointed by the Authority. In the event that the Authority reasonably considers that there has been a change in the financial standing and/or credit rating of the Provider which represents a substantial risk to the Provider’s ability to perform its obligations under Call-Off Contracts the Authority will discuss the risk with the Provider.
Termination on Financial Standing. 21.2 The Council may terminate the Services Agreement by serving notice on the Provider in writing with effect from the date specified in such notice where (in the reasonable opinion of the Council), there is a material detrimental change in the financial standing and/or the credit rating of the Provider which adversely impacts on the Provider's ability to supply Services under this Services Agreement.
Termination on Financial Standing. YPO may terminate this Agreement by serving notice on the Supplier in writing with effect from the date specified in such notice where (in the reasonable opinion of YPO), there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which adversely impacts on the Supplier's ability to supply Goods and/or Services under this Agreement. This may be checked throughout the life of the DPS. Suppliers if requested by YPO must provide latest financial accounts. YPO in order to ascertain or track any material detrimental change of the financial standing of the Supplier may use an external credit rating agency. This will then be clarified with the Supplier before any reasonable decision is made.
Termination on Financial Standing. The Council may terminate this Supplier Agreement by serving notice on the Supplier in writing with effect from the date specified in such notice where (in the reasonable opinion of the Council), there is a material detrimental change in the financial standing and/or the credit rating of the Supplier which adversely impacts on the Supplier's ability to supply Services under this Supplier Agreement.
Termination on Financial Standing. The Authority may terminate this Framework Agreement by serving notice on the Provider in writing with effect from the date specified in such notice where (in the reasonable opinion of the Authority), there is or seems likely to occur a material detrimental change in the financial standing and/or the credit rating of the Provider which adversely impacts on the Provider's ability to supply Services under this Framework Agreement. Financial standing may be checked throughout the life of the Framework Agreement. Providers if requested by the Authority must provide latest financial accounts. In order to ascertain or track any material detrimental change of the financial standing of the Provider, the Authority may use an external credit rating agency. Any detrimental change will then be clarified with the Provider before any reasonable decision is made.
Termination on Financial Standing. 23.2 The Authority will at least annually assess the financial standing of the Provider including an assessment of credit ratings as published by a credit rating agency appointed by the Authority. In the event that the Authority reasonably considers that there has been a change in the financial standing and/or credit rating of the Provider which represents a substantial risk to the Provider’s ability to perform its obligations under Call-Off Contracts the Authority will discuss that risk with the Provider. Following such discussions, if the Authority, acting reasonably, concludes that there remains a substantial risk the Authority may by notice in writing terminate this Framework Agreement.
Termination on Financial Standing. 22.2 The Contractor shall on each anniversary of the Commencement Date provide to the I-Flair Members an updated copy of Section 3 of the ESPD Response together with confirmation of any changes to Sections [ ] of the ESPD response. I-FLAIR may terminate the Framework Agreement by serving notice on the Contractor in writing with effect from the date specified in such notice (a) where the Contractor has failed to comply with the requirement to submit the information required under this Clause 22.2 and has still not provided it within a period of 14 days from the date an I-FLAIR Member or the Framework Administrator notifies the Contractor that they have failed to provide the information required under this Clause 22.2 or (b) where (in the reasonable opinion of I-FLAIR), there is a material detrimental change in the economic or financial standing and/or the credit rating of the Contractor which adversely impacts on the Contractor‟s ability to supply Services under this Framework Agreement.
Termination on Financial Standing. 13.2 NLFI may terminate the Framework Agreement and/or the Call-Off Contract by serving notice on the Provider in writing with effect from the date specified in such notice where in the reasonable opinion of NLFI there is a material detrimental change in the financial standing and/or the credit rating of the Provider which adversely affects the Provider's ability to supply ECM Services under this Framework Agreement and/or the Call-Off Contract. Termination on failure to maintain Tender qualifications
