Common use of Right to Suspend Performance Clause in Contracts

Right to Suspend Performance. In the event of default or delay in payment greater than 45 days from the date of delivery of the monthly invoice under this SC Agreement or the Master Agreement, regardless of the party designated herein as the Responsible Party, ExED reserves the right to suspend part or all of its performance of duties under this SC Agreement until all amounts due hereunder and under the Master Agreement have been paid in full to ExED’s satisfaction. If either Related Client disputes all or any portion of the invoice that is due, Related Client shall notify ExED within 20 days of receipt of the invoice and initiate the dispute resolution process under the Master Agreement (also incorporated herein by reference), but shall pay the invoice in full, pending the outcome of such process.

Appears in 4 contracts

Samples: Corporation Accounting Agreement, Corporation Accounting Agreement, Corporation Accounting Agreement

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