Common use of Term of Agreement and Termination Clause in Contracts

Term of Agreement and Termination. 2.1. This Agreement enters into effect at the time of acceptance of this Agreement. 2.2. This Agreement will terminate without any further notice in the event products offered under this Agreement have not been used during a period of two (2) years. 2.3. This Agreement may be terminated at any time by either party with 30 days written notice. 2.4. This Agreement may be terminated by SAS with immediate effect if the CMP Code is used for private purposes or if SAS has reasonable cause to believe that such or similar misuse has occurred or if the Buyer is put into bankruptcy, enters into liquidation or is otherwise deemed to be insolvent.

Appears in 18 contracts

Samples: Sas for Work Agreement, Sas for Work Agreement, Sas for Work Agreement

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Term of Agreement and Termination. 2.1. This Agreement enters into effect at the time of acceptance of this Agreement. 2.2. This Agreement will terminate without any further notice in the event products offered under this Agreement have not been used during a period of two (2) years. 2.3. This Agreement may be terminated at any time by either party with 30 days written notice. 2.4. This Agreement may be terminated by SAS with immediate effect if the CMP Code Company code is used for private purposes or if SAS has reasonable cause to believe that such or similar misuse has occurred or if the Buyer Company is put into bankruptcy, enters into liquidation or is otherwise deemed to be insolvent.

Appears in 15 contracts

Samples: Sas for Business Agreement, Sas for Business Agreement, Sas for Business Agreement

Term of Agreement and Termination. 2.1. This Agreement enters into effect at the time of acceptance of this Agreement. 2.2. This Agreement will terminate without any further notice in the event products offered under this Agreement agreement have not been used during a period of two (2) years. 2.3. This Agreement may be terminated at any time by either party with 30 days written notice. 2.4. This Agreement may be terminated by SAS with immediate effect if the CMP Code is used for private purposes or if SAS has reasonable cause to believe that such or similar misuse has occurred or if the Buyer Company is put into bankruptcy, enters into liquidation or is otherwise deemed to be insolvent.

Appears in 3 contracts

Samples: Corporate Program Agreement, Corporate Program Agreement, Corporate Program Agreement

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Term of Agreement and Termination. 2.1. This Agreement enters into effect at the time of acceptance of this Agreement. 2.2. This Agreement will terminate without any further notice in the event products offered under this Agreement agreement have not been used during a period of two (2) years. 2.3. This Agreement may be terminated at any time by either party with 30 days written notice. 2.4. This Agreement may be terminated by SAS with immediate effect if the CMP Code Company code (CMP) is used for private purposes or if SAS has reasonable cause to believe that such or similar misuse has occurred or if the Buyer Company is put into bankruptcy, enters into liquidation or is otherwise deemed to be insolvent.

Appears in 3 contracts

Samples: Corporate Program Agreement, Corporate Program Agreement, Corporate Program Agreement

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