Common use of Payment Breach Clause in Contracts

Payment Breach. Except as otherwise provided herein, Supplier may suspend acceptance of Orders in the event OEM fails to cure any breach of a payment obligation hereunder within [***] of written notice from Supplier describing the breach provided such suspension terminates upon the earlier of: (i) resolution of the payment dispute; or (ii) executive management of the parties agree to meet to resolve the payment dispute.

Appears in 4 contracts

Samples: Oem Purchase Agreement (Nutanix, Inc.), Oem Purchase Agreement (Nutanix, Inc.), Oem Purchase Agreement (Nutanix, Inc.)

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