Notice of Non-Renewal of Contract - Template Form Pro · NG-law
✓ Valid in Nigeria · drafted to comply with local law
Create your Notice of Non-Renewal of Contract - Template Form for use in Nigeria. Answer a few plain-English questions and the document fills in automatically as you go — then download it in Word and PDF, ready to sign or share. This version has been professionally rewritten to comply with local law.
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Dear Sir/Madam,
RE: NOTICE OF NON-RENEWAL OF CONTRACT
§1. Introduction
1.1. This letter constitutes formal notice (the “Notice”) issued by ________ (the “Notifying Party”) to ________ (the “Counterparty”) in respect of the contract described below.
1.2. The Notifying Party and the Counterparty are hereinafter together referred to as the “Parties” and individually as a “Party”.
§2. Particulars of the Contract
2.1. The contract to which this Notice relates is the ________ executed by the Parties on ________ (the “Contract”).
2.2. The Contract relates to the following subject matter:
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2.3. The relevant clause of the Contract governing renewal, non-renewal and termination is ________.
§3. Notice of Non-Renewal
3.1. The Contract provides that it shall automatically renew at the end of its term unless either Party gives notice of its intention not to renew within the period stipulated therein.
3.2. The Notifying Party hereby gives notice that it shall NOT be renewing the Contract. Accordingly, the Contract shall terminate, and shall not be renewed, with effect from its natural expiration date, being ________.
3.3. This Notice is given in accordance with the terms and conditions of the Contract relating to non-renewal and termination, and within the notice period of ________ required thereunder.
§4. Effect of Non-Renewal
4.3. Nothing in this Notice shall be construed as a waiver of any accrued right, remedy or claim of either Party in respect of any antecedent breach of the Contract.
§5. Governing Law
5.1. This Notice and the Contract shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria, and any dispute arising therefrom shall be resolved in the manner prescribed under the Contract, failing which it shall be referred to the courts of ________.
§6. Acknowledgement
6.1. Kindly acknowledge receipt of this Notice by signing and returning the duplicate copy enclosed herewith.
6.2. Should you require any further clarification, or wish to discuss any matter arising from this Notice, please do not hesitate to contact the undersigned.
Yours faithfully,
__________________________
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ACKNOWLEDGEMENT OF RECEIPT
Received the original of this Notice this ________.
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Name: ________
Designation: ________
For and on behalf of: ________
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