Common use of Cancellation of Services prior to Expiration Date Clause in Contracts

Cancellation of Services prior to Expiration Date. (i) Subject to clause (ii) of this Section 2.1(d), VSI shall have no obligation to provide any Service beyond (A) the termination date for such Service as provided in the applicable Annex for such Service or, if the applicable Annex does not specify a termination date for the Service, then (B) the Expiration Date. (ii) Corner Store shall have the option to terminate this Agreement or any one or more of the Services at any time prior to the Expiration Date, provided that Corner Store gives VSI at least 30 days prior written notice of its election to exercise such option. (iii) Following the Applicable Services Termination Date and except as otherwise agreed to by VSI and Corner Store, neither VSI nor Corner Store will be under any further obligation with respect to any Service so terminated; provided that Corner Store will remain obligated for any Service Fees for the terminated Service through the Applicable Services Termination Date and any Direct Charges related to such Service.

Appears in 4 contracts

Samples: Transition Services Agreement (CST Brands, Inc.), Transition Services Agreement (CST Brands, Inc.), Transition Services Agreement (CST Brands, Inc.)

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Cancellation of Services prior to Expiration Date. (i) Subject to clause (ii) of this Section 2.1(d), VSI Ultramar shall have no obligation to provide any Service beyond (A) the termination date for such Service as provided in the applicable Annex for such Service or, if the applicable Annex does not specify a termination date for the Service, then (B) the Expiration Date. (ii) Corner Store shall have the option to terminate this Agreement or any one or more of the Services at any time prior to the Expiration Date, provided that Corner Store gives VSI Ultramar at least 30 days prior written notice of its election to exercise such option. (iii) Following the Applicable Services Termination Date and except as otherwise agreed to by VSI Ultramar and Corner Store, neither VSI Ultramar nor Corner Store will be under any further obligation with respect to any Service so terminated; provided that Corner Store will remain obligated for any Service Fees for the terminated Service through the Applicable Services Termination Date and any Direct Charges related to such Service.

Appears in 2 contracts

Samples: Transition Services Agreement (CST Brands, Inc.), Transition Services Agreement (Corner Store Holdings, Inc.)

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Cancellation of Services prior to Expiration Date. (i) Subject to clause (ii) of this Section 2.1(d), VSI Ultramar shall have no obligation to provide any Service beyond (A) the termination date for such Service as provided in the applicable Annex for such Service or, if the applicable Annex does not specify a termination date for the Service, then (B) the Expiration Date. (ii) Corner Store CST shall have the option to terminate this Agreement or any one or more of the Services at any time prior to the Expiration Date, provided that Corner Store CST gives VSI Ultramar at least 30 days prior written notice of its election to exercise such option. (iii) Following the Applicable Services Termination Date and except as otherwise agreed to by VSI Ultramar and Corner StoreCST, neither VSI Ultramar nor Corner Store CST will be under any further obligation with respect to any Service so terminated; provided that Corner Store CST will remain obligated for any Service Fees for the terminated Service through the Applicable Services Termination Date and any Direct Charges related to such Service.

Appears in 2 contracts

Samples: Transition Services Agreement (CST Brands, Inc.), Transition Services Agreement (CST Brands, Inc.)

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