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 Article #  

 
1.3
(Binding character of contract)

A contract validly entered into is binding upon the parties. It can only be modified or terminated in accordance with its terms or by agreement or as otherwise provided in these Principles.


Issues       
# Cases
 1 Binding character of contract
  1.1. In general
3
  1.2 Modification or termination only by agreement of the parties
   1.2.1 Modification
   1.2.2 Termination
1
 2 Exceptions
  2.1 Modification or termination without agreement of the parties
1
   2.1.1 According to the terms of the contract
    2.1.1.1 Modification
    2.1.1.2 Termination
   2.1.2 According to other provisions of Principles
Country # Cases  
Arbitral Award 1  
Date Court
25.01.2002 Arbitration Court of the Lausanne Chamber of Commerce and Industry
1
    2.1.2.1 Modification (see Art. 3.10(2), 3.10(3), 3.13 and 6.2.3)
    2.1.2.2 Termination (see Art. 5.1.8, 6.1.16, 6.2.3, 7.1.7, 7.3.1 and 7.3.3)
 3 Effects of contract on third persons outside scope of Principles
Total: 5


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