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Clause 6.1 defines the meaning of insolvency. Notices under section 6 Clause 6.2.1 requires that the notice shall not be given unreasonably or vexatiously. This requires the parties to act reasonably, and parties are well advised to make proper enquiries. Clause 6.2.2 and 6.2.3 are procedural and the contract needs to be observed...

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