Can either Party terminate if the other Party is a company or partnership and has had a receiver, receiver and manager, or administrative receiver appointed over the whole or a substantial part of its undertaking or assets?

NEC3 and NEC4 Contracts Termination
1

Can either Party terminate if the other Party is a company or partnership and has had a receiver, receiver and manager, or administrative receiver appointed over the whole or a substantial part of its undertaking or assets?

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Yes. Both Parties have this authority under R9, Clause 91.1.