Mutual Termination Rights. Either party may terminate this Agreement in whole or in part by notice in writing immediately, if the other party: (a) commits a breach of the Agreement and, where the breach is capable of remedy, a period of 20 Business Days has expired from when the other party notified the first party of the breach without the other party remedying the breach; (b) commits a material breach of the Agreement, which is not capable of remedy; and (c) becomes, threatens to become, or is in jeopardy of becoming, Insolvent.
Appears in 3 contracts
Samples: Services Agreement, Services Supply Agreement, Services Supply Agreement
Mutual Termination Rights. Either party may terminate this Agreement in whole or in part a Contract by notice in writing immediately, if to the other party:
(a) commits a breach of the Agreement and, where the breach is capable of remedy, a period of 20 Business Days has expired from when 12.1.1. if the other party notified the first party of the breach without the other party remedying the breach;
(b) commits a material breach of any term of these terms and conditions and/or the Agreementrelevant Contract and, which is not in the case of a breach capable of remedybeing remedied, fails to remedy such breach within sixty (60) days of a written request to remedy by the non-breaching party; andor
(c) becomes, threatens to become, or is in jeopardy of becoming, 12.1.2. if the other party becomes Insolvent.
Appears in 1 contract
Samples: Services Agreements
