In addition, if LE unlawfully terminates a cross-risk agreement or where the breach of a cross-default agreement leads SHC`s counterparty to terminate that agreement; SRC may also terminate this agreement for an important reason. A contract is a written agreement by which two parties exchange commitments and are legally bound to respect those commitments. The infringement is a failure by one of the parties to fulfil without legal excuse one of the obligations outlined in the agreement. The term “delay” is a general concept of law that also implies non-compliance with a legal obligation. In contract law, the term “default” is most often used when it relates to a borrower who does not pay for his loan. Therefore, clauses contrary to the Treaty and, in general, legal delays often mean the same thing. In a commercial lease agreement, you must insert a standard clause that effectively allows the lessor to require its tenants to meet all the requirements of the contract. Typically, a standard clause in a rental agreement provides an explanation of how an evacuation should be carried out if the tenant fails to comply with their obligations or violates a rule of the contract. Delay occurs when a Contracting Party fails to comply with its obligations under the Treaty, which is also classified as an infringement. Contracts are documents signed “for remuneration”. This means that no one can enter into a contract in which only one party has obligations under the contract, so that if one party is in default with a contract, it affects the actions of the other party.