Common use of Breach/Bankruptcy Clause in Contracts

Breach/Bankruptcy. Except where this Agreement provides otherwise, either party may terminate this Agreement if the other party fails to cure any material breach of this Agreement within 10 days of notice thereof. When Yahoo! is the non-breaching party, Yahoo! may suspend services to Publisher during the cure period if Yahoo! believes the suspension will prevent harm to Yahoo! or the Yahoo! network. In addition, either party may suspend performance and/or terminate this Agreement if the other party makes any assignment for the benefit of creditors or files or has filed against it any petition under bankruptcy law.

Appears in 4 contracts

Samples: Yahoo! Publisher Network Contract (LOCAL Corp), Publisher Network Contract (LOCAL Corp), Yahoo! Publisher Network Contract (LOCAL.COM)

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