Common use of RIGHT TO SUBSTITUTE UPDATED AGREEMENT Clause in Contracts

RIGHT TO SUBSTITUTE UPDATED AGREEMENT. In the event that, during the Term of this Agreement, ICANN adopts a revised form Registrar accreditation agreement (the “Updated RAA”), Registrar (provided it has not received (i) a notice of breach that it has not cured or (ii) a notice of termination or suspension of this Agreement under this Section 5) may elect, by giving ICANN written notice, to enter into the Updated RAA. In the event of such election, Registrar and ICANN shall as soon as practicable enter into the Updated RAA for the term specified in the Updated RAA, and this Agreement will be deemed terminated.

RIGHT TO SUBSTITUTE UPDATED AGREEMENT. In the event that, during the Term of this Agreement, ICANN adopts a revised form Registrar accreditation agreement (the “an Updated RAA”), Registrar (provided it has not received (i) a notice of breach that it has not cured or (ii) a notice of termination or suspension of this Agreement under this Section 5) may elect, by giving ICANN written notice, to enter into the Updated RAA. In the event of such election, Registrar and ICANN shall as soon as practicable enter into the Updated RAA for the term specified in the Updated RAA, and this Agreement will be deemed terminated.

RIGHT TO SUBSTITUTE UPDATED AGREEMENT. In the event that, during the Term of this Agreement, ICANN adopts a revised form Registrar accreditation agreement (the “an Updated RAA”), Registrar (provided it has not received (i) a notice of breach that it has not cured or (ii) a notice of termination or suspension of this Agreement under this Section 5) may elect, by giving ICANN written notice, to enter into the Updated RAA. In the event of such election, Registrar and ICANN shall as promptlyas soon as practicable enter into the Updated RAA for the term specified in the Updated RAA, and this Agreement will be deemed terminated.

RIGHT TO SUBSTITUTE UPDATED AGREEMENT. In the event that, during the Term of this Agreement, ICANN adopts a xxx revised form Registrar accreditation agreement (the “Updated RAA”), Registrar (provided it has not received (i) a notice of breach that it has not cured or (ii) a notice of termination or suspension of this Agreement under this Section 5) may elect, by giving ICANN written notice, to enter into the Updated RAA. In the event of such election, Registrar and ICANN shall as soon as practicable enter into the Updated RAA for the term specified in the Updated RAA, and this Agreement will be deemed terminated.

RIGHT TO SUBSTITUTE UPDATED AGREEMENT. In the event that, during the Term of this Agreement, ICANN adopts a revised form Registrar accreditation agreement (the “an Updated RAA”), Registrar (provided it has not received (i) a notice of breach that it has not cured or (ii) a notice of termination or suspension of this Agreement under this Section 5) may elect, by giving ICANN written notice, to enter into the Updated RAA. In the event of such election, Registrar and ICANN shall as soon as practicable promptly enter into the Updated RAA for the term specified in the Updated RAA, and this Agreement will be deemed terminated.