Common use of Removal of Vendor for Cause Clause in Contracts

Removal of Vendor for Cause. Subject to Section 8.2(e), Issuer, by notice to Vendor, may immediately remove Vendor and terminate its rights and obligations under this Agreement if any of the following events shall occur: (i) Vendor no longer meets the eligibility requirements in Section 8.1; (ii) Vendor breaches any of its representations, warranties, covenants or obligations in this Agreement; or (iii) an Insolvency Event of Vendor occurs.

Appears in 4 contracts

Samples: Asset Representations Review Agreement (Synchrony Card Issuance Trust), Asset Representations Review Agreement (Synchrony Card Issuance Trust), Asset Representations Review Agreement (Synchrony Credit Card Master Note Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!