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Common use of By AOC Clause in Contracts

By AOC. AOC may, upon written notice to Contractor, terminate this Agreement or any incorporated Exhibit, in whole or in part, effective upon the termination date set forth in such termination notice, if Contractor: (i) commits a material breach of its obligations with respect to Services under the Statement of Work(s) and such breach is not cured, or is not capable of being cured, within the applicable timeframe for cure provided for herein or if not provided, within 30 days after receipt of written notice of such breach from AOC; (ii) signs this Agreement with a false statement or commits a material breach of any provision of this Agreement, including the violation of any of the representations, warranties, guarantees, certifications, affirmations, or covenants contained herein; (iii) commits a number of breaches of its duties or obligations which collectively constitute a material breach of this Agreement and Contractor fails to cure each such breach within thirty (30) days of initial notice thereof; provided, however, that this Section 18.1(a)(iii) shall in no manner limit (A) AOC’s right of termination pursuant to any other provision of Section 18.1(a), or (B) Contractor’s obligation to cure individual nonmaterial breaches of this Agreement; (iv) commits a material breach of Section 13.8 of this Agreement; (v) (1) files for bankruptcy, (2) becomes or is declared insolvent, or is the subject of any bona fide proceedings related to its liquidation, administration, provisional liquidation, or insolvency, (3) passes a resolution for its voluntary liquidation, (4) has a receiver or manager appointed over all or substantially all of its assets, (5) makes an assignment for the benefit of its creditors, or (6) enters into an agreement or arrangement for the composition, extension, or readjustment of substantially all of its obligations or any class of such obligations; (vi) fails to communicate with AOC as required by this Agreement; or (vii) breaches its obligations under this Agreement with respect to Customer Data or AOC Confidential Information.

Appears in 2 contracts

Samples: Master Services Agreement, Master Services Agreement

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By AOC. AOC may, upon written notice to Contractor, terminate this Agreement or any incorporated Exhibit, in whole or in part, effective upon the termination date set forth in such termination notice, if Contractor:Contractor:‌ (i) commits a material breach of its obligations with respect to Services under the Statement of Work(s) and such breach is not cured, or is not capable of being cured, within the applicable timeframe for cure provided for herein or if not provided, within 30 days after receipt of written notice of such breach from AOC; (ii) signs this Agreement with a false statement or commits a material breach of any provision of this Agreement, including the violation of any of the representations, warranties, guarantees, certifications, affirmations, or covenants contained herein; (iii) commits a number of breaches of its duties or obligations which collectively constitute a material breach of this Agreement and Contractor fails to cure each such breach within thirty (30) days of initial notice thereof; provided, however, that this Section 18.1(a)(iii) shall in no manner limit (A) AOC’s right of termination pursuant to any other provision of Section 18.1(a), or (B) Contractor’s obligation to cure individual nonmaterial breaches of this Agreement;Agreement;‌ (iv) commits a material breach of Section 13.8 of this Agreement; (v) (1) files for bankruptcy, (2) becomes or is declared insolvent, or is the subject of any bona fide proceedings related to its liquidation, administration, provisional liquidation, or insolvency, (3) passes a resolution for its voluntary liquidation, (4) has a receiver or manager appointed over all or substantially all of its assets, (5) makes an assignment for the benefit of its creditors, or (6) enters into an agreement or arrangement for the composition, extension, or readjustment of substantially all of its obligations or any class of such obligations; (vi) fails to communicate with AOC as required by this Agreement; or (vii) breaches its obligations under this Agreement with respect to Customer Data or AOC Confidential Information.; (vii) fails to communicate with AOC as required by this Agreement; or (viii) its representative offered or gave a gratuity to any individual affiliates with the AOC to obtain favorable treatment under this agreement..

Appears in 1 contract

Samples: Master Services Agreement

By AOC. AOC may, upon written notice to Contractor, terminate this Agreement or any incorporated ExhibitAgreement, the Statement of Work, in whole or in part, or any Customer Contract at any time, effective upon the termination date set forth in such termination notice, if Contractor: (i) commits a material breach of its obligations with respect to Services under the Statement of Work(s) and such breach is not cured, or is not capable of being cured, within the applicable timeframe for cure provided for herein or if not provided, within 30 15 days after receipt of written notice of such breach from AOC; (ii) signs this Agreement with a false statement or commits a material breach of any provision of this Agreement, including the violation of any of the representations, warranties, guarantees, certifications, affirmations, or covenants contained herein; (iii) commits a number of breaches of its duties or obligations which collectively constitute a material breach of this Agreement and Contractor fails to do both of the following: (A) cure each such breach within thirty (30) days of initial notice thereof; and (B) develop within ten (10) Business Days following initial written notice of breach from AOC a complete plan reasonably acceptable to AOC for curing the breach and correcting the deficiencies causing such breaches on a permanent basis; provided, however, that this Section 18.1(a)(iii) shall in no manner limit (A) AOC’s right of termination pursuant to any other provision of Section 18.1(a), or (B) Contractor’s obligation to cure individual nonmaterial breaches of this Agreement; (iv) commits a material breach of Section 13.8 of this Agreement; (v) (1) files for bankruptcy, (2) becomes or is declared insolvent, or is the subject of any bona fide proceedings related to its liquidation, administration, provisional liquidation, or insolvency, (3) passes a resolution for its voluntary liquidation, (4) has a receiver or manager appointed over all or substantially all of its assets, (5) makes an assignment for the benefit of its creditors, or (6) enters into an agreement or arrangement for the composition, extension, or readjustment of substantially all of its obligations or any class of such obligations; (vi) fails to communicate with AOC as required by this Agreement; or (vii) breaches its obligations under this Agreement with respect to Customer Data or AOC Confidential Information.

Appears in 1 contract

Samples: Master Services Agreement

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By AOC. AOC may, upon written notice to Contractor, terminate this Agreement or any incorporated ExhibitAgreement, the Statement of Work, in whole or in part, or any Customer Contract at any time, effective upon the termination date set forth in such termination notice, if Contractor:: [ (i) commits a material breach of its obligations with respect to Services under the Statement of Work(s) and such breach is not cured, or is not capable of being cured, within the applicable timeframe for cure provided for herein or if not provided, within 30 15 days after receipt of written notice of such breach from AOC; (ii) signs this Agreement with a false statement or commits a material breach of any provision of this Agreement, including the violation of any of the representations, warranties, guarantees, certifications, affirmations, or covenants contained herein; (iii) commits a number of breaches of its duties or obligations which collectively constitute a material breach of this Agreement and Contractor fails to do both of the following: (A) cure each such breach within thirty (30) days of initial notice thereof; and (B) develop within ten (10) Business Days following initial written notice of breach from AOC a complete plan reasonably acceptable to AOC for curing the breach and correcting the deficiencies causing such breaches on a permanent basis; provided, however, that this Section 18.1(a)(iii) shall in no manner limit (A) AOC’s right of termination pursuant to any other provision of Section 18.1(a), or (B) Contractor’s obligation to cure individual nonmaterial breaches of this Agreement; (iv) commits a material breach of Section 13.8 of this Agreement; (v) (1) files for bankruptcy, (2) becomes or is declared insolvent, or is the subject of any bona fide proceedings related to its liquidation, administration, provisional liquidation, or insolvency, (3) passes a resolution for its voluntary liquidation, (4) has a receiver or manager appointed over all or substantially all of its assets, (5) makes an assignment for the benefit of its creditors, or (6) enters into an agreement or arrangement for the composition, extension, or readjustment of substantially all of its obligations or any class of such obligations; (vi) fails to communicate with AOC as required by this Agreement; or (vii) breaches its obligations under this Agreement with respect to Customer Data or AOC Confidential Information.

Appears in 1 contract

Samples: Master Services Agreement

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