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Template:GTMA Master Agreement 2004 12.2: Difference between revisions
Template:GTMA Master Agreement 2004 12.2 (view source)
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:{{gtmaprov|12.2.1}} an {{gtmaprov|Event of Default}}; or <br> | :{{gtmaprov|12.2.1}} an {{gtmaprov|Event of Default}}; or <br> | ||
:{{gtmaprov|12.2.2}} an event which, with the giving of notice or the passage of time or both would constitute an {{gtmaprov|Event of Default}},<br> | :{{gtmaprov|12.2.2}} an event which, with the giving of notice or the passage of time or both would constitute an {{gtmaprov|Event of Default}},<br> | ||
with respect to a {{gtmaprov|Party}}, the other Party (the | with respect to a {{gtmaprov|Party}}, the other Party (the “{{gtmaprov|Suspending Party}}") may do one or more of:<br> | ||
:{{gtmaprov|12.2.3}} withhold or suspend payments under this Agreement;<br> | :{{gtmaprov|12.2.3}} withhold or suspend payments under this Agreement;<br> | ||
:{{gtmaprov|12.2.4}} suspend its compliance with clause 5; or <br> | :{{gtmaprov|12.2.4}} suspend its compliance with clause 5; or <br> | ||
:{{gtmaprov|12.2.5}} if the other Party is the {{gtmaprov|ECV Notification Agent}}, require the {{gtmaprov|ECV Notification Agent}} to cease complying with clause {{gtmaprov|5}} by giving a written notice to the {{gtmaprov|ECV Notification Agent}}, <br> | :{{gtmaprov|12.2.5}} if the other Party is the {{gtmaprov|ECV Notification Agent}}, require the {{gtmaprov|ECV Notification Agent}} to cease complying with clause {{gtmaprov|5}} by giving a written notice to the {{gtmaprov|ECV Notification Agent}}, <br> | ||
in addition to any other remedies that the {{gtmaprov|Suspending Party}} may have, subject to clause {{gtmaprov|13}}.<br> | in addition to any other remedies that the {{gtmaprov|Suspending Party}} may have, subject to clause {{gtmaprov|13}}.<br> | ||