Content Headings

Key Issues

Example clauses

Notes and References

Non-default termination

Force Majeure

If, in the circumstances referred to in Clause [Force Majeure], the parties have failed to reach agreement on any modification to this Agreement pursuant to Clause [Force Majeure] within six (6) calendar months of the date on which the party affected serves notice on the other party in accordance with Clause [Force Majeure] either party may at any time afterwards terminate this Agreement by written notice to the other party having immediate effect provided always that the effects of the relevant event of Force Majeure continues to prevent either party from performing any material obligation under this Agreement.

Voluntary termination

The Authority shall be entitled to terminate this Agreement at any time on  [period] months' written notice to Concessionaire. In the event of notice being given by the Authority in accordance with this Clause, the Authority shall, at any time before the expiration of such notice, be entitled to direct Concessionaire, where the Works (or any part or parts of the Works) or any Service [or Interim Service] (or any elements of any Service [or Interim Service]) have not been commenced, to refrain from commencing any such Works or Services [or Interim Services] (or to procure the same).

Expiry

This Agreement shall terminate automatically on the expiry of the Project Term unless it shall have been terminated earlier in accordance with the provisions of this Agreement. To avoid doubt, Concessionaire shall not be entitled to any compensation for termination of this Agreement on expiry of the Project Term.

Alternative 1 adapted from Department of Health (UK), Standard Form Project Agreement Index reference A1 Folder 1.