Common use of Immediate Notice Clause in Contracts

Immediate Notice. We may end this agreement immediately by giving written notice to you if (i) you materially breach it and do not remedy the breach within 14 days, (ii) you are, or appear likely to be, unable to pay your debts or become insolvent, (iii) the performance of it (including the application of any fee arrangements) may breach a legal or regulatory requirement, (iv) in the event that a force majeure event as described in clause 11.1 persists for more than 7 days, or (v) if the prime contract is terminated.

Appears in 4 contracts

Samples: Outsourcing Agreement, Outsourcing Agreement, Outsourcing Agreements

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Immediate Notice. We may end this agreement and/or any statement of work immediately by giving written notice to you if if (i) you materially breach it and do not remedy the breach within 14 days, (ii) you are, or appear likely to be, unable to pay your debts or become insolvent, (iii) the performance of it (including the application of any fee arrangements) may breach a legal or regulatory requirement, (iv) in the event that a force majeure event as described in clause 11.1 persists for more than 7 days, or (v) if the prime contract is terminated.

Appears in 2 contracts

Samples: Outsourcing Agreement, Outsourcing Agreements

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Immediate Notice. We may end this agreement immediately by giving written notice to you if if (i) you materially breach it and do not remedy the breach within 14 days, (ii) you are, or appear likely to be, unable to pay your debts or become insolvent, (iii) the performance of it (including the application of any fee arrangements) may breach a legal or regulatory requirement, (iv) in the event that a force majeure event as described in clause 11.1 persists for more than 7 days, or (v) if the prime contract is terminated.

Appears in 1 contract

Samples: Outsourcing Agreements

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