Common use of Low Uptime Percentage Clause in Contracts

Low Uptime Percentage. 4.1. If the Uptime Percentage shown on any two consecutive Quarterly Reports falls below 97%, then the League shall be entitled to terminate the Subscription immediately, without Ex Libris incurring any liability arising from the fact of such termination. The League and Participating Institution are liable for Subscription Fees only up to the date of termination. The League’s right to terminate under this Section 4.1 only exists for a period of one month following delivery of the applicable Quarterly Report.

Appears in 6 contracts

Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement

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