Common use of RIGHT TO SUBSTITUTE UPDATED AGREEMENT Clause in Contracts

RIGHT TO SUBSTITUTE UPDATED AGREEMENT. 6 In the event that, during the term of this Agreement, ICANN adopts a revised form accreditation agreement for the provision of the Services (the “Updated PPAA”), Provider (provided Provider has not received (a) a notice of breach that it has not cured or (b) 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 PPAA. In the event of such election, Provider and ICANN shall as soon as practicable enter into the Updated PPAA for the term specified in the Updated PPAA, and this Agreement will be deemed terminated.

RIGHT TO SUBSTITUTE UPDATED AGREEMENT. 6 In the event that, during the term of this Agreement, ICANN adopts a revised form accreditation agreement for the provision of the Services (the “Updated PPAA”), Provider (provided Provider has not received (a) a notice of breach that it has not cured or (b) 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 PPAA. In the event of such election, Provider and ICANN shall as soon as practicable enter into the Updated PPAA for the term specified in the Updated PPAA, and this Agreement will be deemed terminated.

RIGHT TO SUBSTITUTE UPDATED AGREEMENT. 6 5 In the event that, during the term of this Agreement, ICANN adopts a revised form accreditation agreement for the provision of the Services (the “Updated PPAA”), Provider (provided Provider has not received (a) a notice of breach that it has not cured or (b) 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 PPAA. In the event of such election, Provider and ICANN shall as soon as practicable enter into the Updated PPAA for the term specified in the Updated PPAA, and this Agreement will be deemed terminated.