Addendum Term and Termination Sample Clauses

Addendum Term and Termination. 5.1 The term of this Addendum commences as of the Effective Date and will continue in effect until terminated as set forth in Section 5.2 below (the “Addendum Term”). The termination of the Agreement shall constitute a termination of this Addendum (unless otherwise agreed by the parties). 5.2 This Addendum may be terminated by either party as set forth in Section 10.3 of the Agreement. In addition, North Capital may suspend the Identity Verification Services or terminate this Addendum at any time for any or no reason by providing Licensee with written notice, including, without limitation, if (a) Licensee uses the Identity Verification Services in a prohibited manner or otherwise does not comply with any of the provisions of this Addendum; (b) any Law requires North Capital to do so; or (c) North Capital is otherwise entitled to do so under this Addendum. 5.3 This Section 5.3 is in addition to the effects of expiration or termination of the Agreement pursuant to Section 10.4 of the Agreement. The termination of this Addendum shall not relieve Licensee of its obligations arising from or relating to activities in connection with its use of the Identity Verification Services prior to such termination or to pay any amounts, fees or expenses. Upon termination of this Addendum: (a) Licensee shall immediately remove all North Capital logos or references from Licensee’s website in connection with the Identity Verification Services; (b) if the Addendum is terminated by North Capital for breach of this Addendum, at North Capital’s election North Capital may terminate the Agreement; (c) North Capital reserves the right (but has no obligation) to delete all of Licensee Data stored on North Capital’s or its affiliates’ servers; (d) North Capital will not be liable to Licensee for compensation, reimbursement or damages related to use of the Identity Verification Services, or any termination or suspension of the Identity Verification Services or handling of Licensee Data;
Addendum Term and Termination. This Addendum shall take effect from the Contract effective date and remain valid throughout the Contract term and for an unlimited period of time after the Contract termination.
Addendum Term and Termination. 9.1 The term of this Addendum commences as of the Effective Date and will continue in effect until terminated as set forth in Section 9.2 below (the “Addendum Term”). The termination of the Agreement shall constitute a termination of this Addendum (unless otherwise agreed by the parties). 9.2 This Addendum may be terminated by either party as set forth in Section 10.3 of the Agreement. In addition, North Capital may suspend the Payment Processing Facilitation Services or terminate this Addendum at any time for any or no reason by providing Licensee with written notice, including, without limitation, if (a) North Capital determines in its sole discretion that Licensee is ineligible for the Payment Processing Facilitation Services; (b) the Payment Processing Facilitation Services are used in a prohibited manner or otherwise does not comply with any of the provisions of this Addendum; (c) any Law, Payment Method Rules, Payment Processing Provider, Payment Method Provider or Payment Method Acquirer requires North Capital to do so; (d) North Capital is otherwise entitled to do so under this Addendum; or (e) North Capital determines in its sole discretion any activity may create harm or loss to the goodwill of a Payment Method. A Payment Method Provider or Payment Method Acquirer may terminate Licensee’s ability to accept its Payment Method at any time and for any reason, in which case Licensee will no longer be able to accept such Payment Method under this Addendum. 9.3 This Section 9.3 is in addition to the effects of expiration or termination of the Agreement pursuant to Section
Addendum Term and Termination