Common use of Sale to Competitor Clause in Contracts

Sale to Competitor. Should Merchant sell a majority or its assets or shares or other voting control to a Direct Competitor of the other, SHIFT4 may terminate this Gateway Services Agreement at any time without penalty or prejudice. Xxxxxxxx agrees to pay all outstanding fees due under this Gateway Services Agreement up to the date of termination.

Sale to Competitor. Should Merchant sell a majority amajority or its assets or shares or other voting control to a othervotingcontrol toa Direct Competitor of the other, SHIFT4 may terminate this Gateway Services Agreement at any time without penalty or prejudice. Xxxxxxxx Merchant agrees to pay all outstanding fees due under this Gateway Services Agreement up to the date of termination.

Sale to Competitor. Should Merchant sell a majority or its assets or shares or other voting control to a Direct Competitor of the other, SHIFT4 may terminate this Gateway Services Agreement at any time without penalty or prejudice. Xxxxxxxx agrees to pay all outstanding fees due under this Gateway Services Agreement up to the date of termination.termination.‌

Sale to Competitor. Should Merchant sell a majority amajority or its assets or shares or other voting control to a othervotingcontrol toa Direct Competitor of the other, SHIFT4 may terminate this Gateway Services Agreement at any time without penalty or prejudice. Xxxxxxxx agrees to pay all outstanding fees due under this Gateway Services Agreement up to the date of termination.

Sale to Competitor. Should Merchant sell a majority or its assets or shares or other voting control to a Direct Competitor of the other, SHIFT4 may terminate this Gateway Services Agreement at any time without penalty or prejudice. Xxxxxxxx Merchant agrees to pay all outstanding fees due under this Gateway Services Agreement up to the date of termination.