Common use of Express termination clause Clause in Contracts

Express termination clause. 12.1. This Agreement shall be considered as automatically terminated by Agile by operation of law in accordance with Section 1456 of the Italian Civil Code, subject to simple written notice, which may be sent as out in Section 20 below, in the event of breach of the material obligations established under Sections 2 (Scope), 5 (Consent of recipients), 6 (Fee and payment methods) and 15 (Processing of personal data), as well as in the event that the Client goes into liquidation. 12.2. The termination of the Agreement, in the circumstances described above, shall take place automatically by operation of law upon receipt by the Client of the aforementioned notice indicating Agile’s intention to trigger the express termination clause. In any case, Agile reserves the right to demand payment of the fees accrued and not yet collected and/or to enforce the Deposit up to the amount of said fees.

Express termination clause. 12.1. This Agreement shall be considered as automatically terminated by Agile by operation of law in accordance with Section Article 1456 of the Italian Civil Code, subject to simple written notice, which may be sent as out in Section clause 20 below, in the event of breach of the material obligations established under Sections clauses 2 (Scope), 5 (Consent of recipients), 6 (Fee and payment methods) and 15 (Processing of personal data), as well as in the event that the Client goes into liquidation. 12.2. The termination of the Agreement, in the circumstances described above, shall take place automatically by operation of law upon receipt by the Client of the aforementioned notice indicating Agile’s intention to trigger the express termination clause. In any case, Agile reserves the right to demand payment of the fees accrued and not yet collected and/or to enforce the Deposit up to the amount of said fees.