Partial Termination by Customer. Except as may be provided in any Schedule, Customer agrees that, during the Term, Metavante shall be Customer’s sole and exclusive provider of all Services. If Customer breaches the foregoing covenant, the same shall constitute a partial termination of this Agreement, and Customer shall pay Metavante the Termination Fee for the affected Service, as liquidated damages and not as a penalty.
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Samples: Technology Outsourcing Agreement (Juniata Valley Financial Corp), Technology Outsourcing Renewal Agreement (Team Financial Inc /Ks), Technology Outsourcing Renewal Agreement (Independent Bank Corp /Mi/)
Partial Termination by Customer. Except as may be provided in any Schedule, Customer agrees that, during the Term, Customer shall obtain exclusively from Metavante shall be Customer’s sole and exclusive provider all of all its requirements covered by the Services. If Customer breaches the foregoing covenant, the same shall constitute a partial termination of this Agreement, Agreement and Customer shall pay Metavante the Termination Fee for the affected Service, as liquidated damages and not as a penalty.
Appears in 1 contract
Samples: Stored Value Card Processing Agreement (nFinanSe Inc.)
Partial Termination by Customer. Except as may be provided in any Schedule, Customer agrees that, during the Term, Customer shall obtain exclusively from Metavante shall be Customer’s sole and exclusive provider all of all its requirements covered by the Initial Services. If Customer breaches the foregoing covenant, the same shall constitute a partial termination of this Agreement, and Customer shall pay Metavante the a Termination Fee for the affected discontinued Service, as liquidated damages and not as a penalty.
Appears in 1 contract
