Events Causing Termination. This Agreement and all Licenses will terminate: (a) Automatically and without notice on the following events: (I) Customer’s breach of any of clauses (i) through (vii) of Section 1.4 or Sections 3 or 8.4 hereof; (II) a receiver, trustee, liquidator, or such similar officer is appointed for Customer or for any of Customer’s properties or assets; (III) Customer makes a general assignment for the benefit of Customer’s creditors; (IV) Customer files a petition for its reorganization, dissolution or liquidation, or such a petition is filed against Customer and is not dismissed within sixty (60) days thereafter; or (V) Customer ceases doing business or commence dissolution or liquidation proceedings; or (b) Thirty (30) days after written notice from PTC specifying a breach (other than as listed in Section 7.1(a) above) of this Agreement, including failure to make any payment due to either PTC or a Reseller in connection with the Licensed Products in a timely manner, if that breach is not, within that thirty (30) day period, remedied to PTC’s reasonable satisfaction.
Appears in 5 contracts
Samples: License Agreement, PTC Customer Agreement, PTC Customer Agreement
Events Causing Termination. This Agreement and all Licenses will terminate:
(a) Automatically and without notice on the following events: (I) Customer’s breach of any of clauses (i) through (vii) of Section 1.4 or Sections 3 or 8.4 hereof; (II) a receiver, trustee, liquidator, or such similar officer is appointed for Customer or for any of Customer’s properties or assets; (III) Customer makes a general assignment for the benefit of Customer’s creditors; (IV) Customer files a petition for its reorganization, dissolution or liquidation, or such a petition is filed against Customer and is not dismissed within sixty (60) days thereafter; or (V) Customer ceases doing business or commence dissolution or liquidation proceedings; or
(b) Thirty (30) days after written notice from PTC specifying a breach (other than as listed in Section 7.1(a) above) of this Agreement, including failure to make any payment due to either PTC or a Reseller in connection with the Licensed Products in a timely manner, if that breach is not, within that thirty (30) day period, remedied to PTC’s reasonable satisfaction.
Appears in 4 contracts
Samples: License Agreement, License Agreement, License Agreement
Events Causing Termination. This Agreement and all Licenses Licences and the provision of Maintenance Services on Licensed Products will terminate:
(a) Automatically and without notice on the following events: (I) Customer’s breach of any of clauses (i) through (vii) of Section 1.4 2.2 or Sections 3 4 or 8.4 9.5 hereof; (II) a receiver, trustee, liquidator, or such similar officer is appointed for Customer or for any of Customer’s properties or assets; (III) Customer makes a general assignment for the benefit of Customer’s creditors; (IV) Customer files a petition for its reorganizationreorganisation, dissolution or liquidation, or such a petition is filed against Customer and is not dismissed within sixty (60) days thereafter; or (V) Customer ceases doing business or commence dissolution or liquidation proceedings; or
(b) Thirty (30) days after written notice from PTC specifying a breach (other than as listed in Section 7.1(a8.1(a) above) of this Agreement, including failure to make any payment due to either PTC or a Reseller in connection with the Licensed Products hereunder in a timely manner, if that breach is not, within that thirty (30) day period, remedied to PTC’s reasonable satisfaction.
Appears in 3 contracts
Samples: Customer Agreement for PTC Products, Customer Agreement for PTC Products, Customer Agreement for PTC Products
Events Causing Termination. This Agreement and all Licenses will terminate:
(a) Automatically and without notice on the following events: (I) Customer’s breach of any of clauses (i) through (vii) of Section 1.4 2.4 or Sections 3 4.1 or 8.4 9.4 hereof; (II) a receiver, trustee, liquidator, or such similar officer is appointed for Customer or for any of Customer’s properties or assets; (III) Customer makes a general assignment for the benefit of Customer’s creditors; (IV) Customer files a petition for its reorganization, dissolution or liquidation, or such a petition is filed against Customer and is not dismissed within sixty (60) days thereafter; or (V) Customer ceases doing business or commence dissolution or liquidation proceedings; or
(b) Thirty (30) days after written notice from PTC PTT specifying a breach (other than as listed in Section 7.1(a8.1(a) above) of this Agreement, including failure to make any payment due to either PTC or a Reseller in connection with the Licensed Products in a timely manner, if that breach is not, within that thirty (30) day period, remedied to PTCPTT’s reasonable satisfaction.
Appears in 2 contracts
Samples: Customer Agreement, Customer Agreement
Events Causing Termination. This Agreement and all Licenses will terminate:
(a) Automatically and without notice on the following events: (I) Customer’s breach of any of clauses (i) through (vii) of Section 1.4 2.4 or Sections 3 4.1 or 8.4 9.4 hereof; (II) a receiver, trustee, liquidator, or such similar officer is appointed for Customer or for any of Customer’s properties or assets; (III) Customer makes a general assignment for the benefit of Customer’s creditors; (IV) Customer files a petition for its reorganization, dissolution or liquidation, or such a petition is filed against Customer and is not dismissed within sixty (60) days thereafter; or (V) Customer ceases doing business or commence dissolution or liquidation proceedings; or
(b) Thirty (30) days after written notice from PTC specifying a breach (other than as listed in Section 7.1(a8.1(a) above) of this Agreement, including failure to make any payment due to either PTC or a Reseller in connection with the Licensed Products in a timely manner, if that breach is not, within that thirty (30) day period, remedied to PTC’s reasonable satisfaction.
Appears in 2 contracts
Samples: Customer Agreement for PTC Products, Customer Agreement
Events Causing Termination. This Agreement and all Licenses will terminate:
(a) Automatically and without notice on the following events: (I) Customer’s breach of any of clauses (i) through (vii) of Section 1.4 2.4 or Sections 3 4.1 or 8.4 9.4 hereof; (II) a receiver, trustee, liquidator, or such similar officer is appointed for Customer or for any of Customer’s properties or assets; (III) Customer makes a general assignment for the benefit of Customer’s creditors; (IV) Customer files a petition for its reorganization, dissolution or liquidation, or such a petition is filed against Customer and is not dismissed within sixty (60) days thereafter; or (V) Customer ceases doing business or commence dissolution or liquidation proceedings; or
(b) Thirty (30) days after written notice from PTC PTCJ specifying a breach (other than as listed in Section 7.1(a8.1(a) above) of this Agreement, including failure to make any payment due to either PTC or a Reseller in connection with the Licensed Products in a timely manner, if that breach is not, within that thirty (30) day period, remedied to PTCPTCJ’s reasonable satisfaction.
Appears in 1 contract
Samples: Customer Agreement for PTCJ Products
Events Causing Termination. This Agreement and all Licenses will terminate:
(ai) Automatically and without notice on the following events: (I) Customer’s breach of any of clauses (i) through (vii) of Section 1.4 1.7 or Sections 3 or 8.4 hereof; (II) a receiver, trustee, liquidator, or such similar officer is appointed for Customer or for any of Customer’s properties or assets; (III) Customer makes a general assignment for the benefit of Customer’s creditors; (IV) Customer files a petition for its reorganization, dissolution or liquidation, or such a petition is filed against Customer and is not dismissed within sixty (60) days thereafter; or (V) Customer ceases doing business or commence dissolution or liquidation proceedings; or
(bii) Thirty (30) days after written notice from PTC specifying a breach (other than as listed in Section 7.1(a) above) of this Agreement, including failure to make any payment due to either PTC or a Reseller in connection with the Licensed Products in a timely manner, if that breach is not, within that thirty (30) day period, remedied to PTC’s reasonable satisfaction.
Appears in 1 contract
Samples: PTC Customer Agreement
Events Causing Termination. This Agreement and all Licenses will terminate:
(a) Automatically and without notice on the following events: (I) Customer’s breach of any of clauses (i) through (vii) of Section 1.4 or Sections 3 or 8.4 hereof; (II) a receiver, trustee, liquidator, or such similar officer is appointed for Customer or for any of Customer’s properties or assets; (III) Customer makes a general assignment for the benefit of Customer’s creditors; (IV) Customer files a petition for its reorganization, dissolution or liquidation, or such a petition is filed against Customer and is not dismissed within sixty (60) days thereafter; or (V) Customer ceases doing business or commence dissolution or liquidation proceedings; oror
(b) Thirty (30) days after written notice from PTC specifying a breach (other than as listed in Section 7.1(a) above) of this Agreement, including failure to make any payment due to either PTC or a Reseller in connection with the Licensed Products in a timely manner, if that breach is not, within that thirty (30) day period, remedied to PTC’s reasonable satisfaction.
Appears in 1 contract
Samples: PTC Customer Agreement
Events Causing Termination. This Agreement and all Licenses will terminate:
(a) Automatically and without notice on the following events: (I) Customer’s breach of any of clauses (i) through (vii) of Section 1.4 or Sections 3 3.1 or 8.4 hereof; (II) a receiver, trustee, liquidator, or such similar officer is appointed for Customer or for any of Customer’s properties or assets; (III) Customer makes a general assignment for the benefit of Customer’s creditors; (IV) Customer files a petition for its reorganization, dissolution or liquidation, or such a petition is filed against Customer and is not dismissed within sixty (60) days thereafter; or (V) Customer ceases doing business or commence dissolution or liquidation proceedings; or
(b) Thirty (30) days after written notice from PTC specifying a breach (other than as listed in Section 7.1(a) above) of this Agreement, including failure to make any payment due to either PTC or a Reseller in connection with the Licensed Products in a timely manner, if that breach is not, within that thirty (30) day period, remedied to PTC’s reasonable satisfaction.
Appears in 1 contract
Samples: License Agreement
Events Causing Termination. This Agreement and all Licenses Licences and the provision of Maintenance Services on Licensed Products will terminate:
(a) Automatically and without notice on the following events: (I) Customer’s breach of any of clauses (i) through (vii) of Section 1.4 2.2 or Sections 3 4 or 8.4 9.5 hereof; (II) a receiver, trustee, liquidator, or such similar officer is appointed for Customer or for any of Customer’s properties or assets; (III) Customer makes a general assignment for the benefit of Customer’s creditors; (IV) Customer files a petition for its reorganizationreorganisation, dissolution or liquidation, or such a petition is filed against Customer and is not dismissed within sixty (60) days thereafter; or (V) Customer ceases doing business or commence commences dissolution or liquidation proceedings; or
(b) Thirty By written notice provided by PTC thirty (30) days after written notice from PTC has notified Customer specifying a breach (other than as listed in Section 7.1(a8.1(a) above) of this Agreement, including failure to make any payment due to either PTC or a Reseller in connection with the Licensed Products hereunder in a timely manner, if that breach is not, within that thirty (30) day period, remedied to PTC’s reasonable satisfaction.
Appears in 1 contract
Samples: Customer Agreement for PTC Products