Common use of Right to Terminate for Breach Clause in Contracts

Right to Terminate for Breach. Either party hereto may terminate this Agreement if it determines, in its sole discretion, that the other party hereto has breached any provision of this Agreement. A party hereto may exercise its right to terminate this Agreement by providing the other party hereto five (5) calendar days written notice of termination, stating the breach of this Agreement that provides the basis for the termination. Any termination pursuant to this Section 5(b) will be effective immediately upon the expiration of such five (5) day period or at such other date specified in the notice of termination.

Appears in 6 contracts

Samples: Administrative Services Agreement, Administrative Services Agreement, Administrative Services Agreement

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Right to Terminate for Breach. Either party hereto may terminate this Agreement if it determines, in its sole discretion, that the other party hereto has breached any provision of this Agreement. A party hereto may exercise its right to terminate this Agreement by providing the other party hereto five (5) calendar days written notice of termination, stating the breach of this Agreement that provides the basis for the termination. Any termination pursuant to this Section 5(b) will be effective immediately upon the expiration of such five (5) day period or at such other date specified in the notice of termination.five

Appears in 2 contracts

Samples: Administrative Services Agreement, Administrative Services Agreement

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