Common use of Immediate Termination Events Clause in Contracts

Immediate Termination Events. (a) If Subscriber defaults on any of its obligations under any Service Agreement in effect between Subscriber and either UL Contracting Party or another UL Company, UL Contracting Party may, in its sole discretion, immediately terminate, in whole or in part, the Service Agreement for Follow-Up Services, any other Service Agreement between Subscriber and UL Contracting Party and any and all rights or authorities conferred upon Subscriber by virtue of the Service Agreement for Follow-Up Services or any other Service Agreement. Such termination shall be without prejudice to any other rights or remedies that UL Contracting Party might have for default, subject to any limitations under the Global Services Agreement.

Immediate Termination Events. (a) If Subscriber defaults on any of its obligations under any Service Agreement in effect between Subscriber and either UL Contracting Party or another UL Company, UL Contracting Party may, in its sole discretion, immediately terminateterminate or suspend, in whole or in part, the Service Agreement for Follow-Up Services, any other Service Agreement between Subscriber and UL Contracting Party and any and all rights or authorities conferred upon Subscriber by virtue of the Service Agreement for Follow-Up Services or any other Service Agreement. Such termination shall be without prejudice to any other rights or remedies that UL Contracting Party might have for default, subject to any limitations under the Global Services Agreement.