Common use of TERM OF THE AGREEMENT AND TERMINATION Clause in Contracts

TERM OF THE AGREEMENT AND TERMINATION. 5.1 Subject to Clause 5.2, the Agreement shall become effective on the date of this Agreement and shall remain in effect for an indefinite term. 5.2 The Parties may terminate this Agreement at any time by giving at least three (3) months prior written notice. 5.3 Either Party may terminate this Agreement if the other Party is in breach of a material provision of this Agreement, and the other Party has not taken any corrective action(s) to remedy such a breach within one (1) month as from the receipt of the written notification by the requesting Party, specifying the breach and requiring its remedy. 5.4 On termination of this Agreement for any reason:  GSD will stop providing the Additional Reporting Services;  For a period of twelve (12) months after termination, the transferred information will be accessible to the Storage Customer during that period. After that period, the Storage Customer may request to delete all data related to the Storage Customer from GIE’s IT system; 5.5 Any termination shall be without prejudice to any rights of the terminating Party to claim damages, interests or costs from the defaulting Party subject to the limitations in Clause 7. 5.6 Termination shall not affect rights or obligations accrued at the time of termination. Any provision of this Agreement which by nature is intended to survive termination shall remain binding until such rights or obligations have been satisfied or released.

TERM OF THE AGREEMENT AND TERMINATION. 5.1 Subject to Clause 5.2, the Agreement shall become effective on the date of this Agreement and shall remain in effect for an indefinite term. 5.2 The Parties may terminate this Agreement at any time by giving at least three (3) months prior written notice. 5.3 Either Party may terminate this Agreement if the other Party is in breach of a material provision of this Agreement, and the other Party has not taken any corrective action(s) to remedy such a breach within one (1) month as from the receipt of the written notification by the requesting Party, specifying the breach and requiring its remedy. 5.4 On termination of this Agreement for any reason:  • GSD will stop providing the Additional Reporting Services;  • For a period of twelve (12) months after termination, the transferred information will be accessible to the Storage Customer during that period. After that period, the Storage Customer may request to delete all data related to the Storage Customer from GIE’s IT system; 5.5 Any termination shall be without prejudice to any rights of the terminating Party to claim damages, interests or costs from the defaulting Party subject to the limitations in Clause 7. 5.6 Termination shall not affect rights or obligations accrued at the time of termination. Any provision of this Agreement which by nature is intended to survive termination shall remain binding until such rights or obligations have been satisfied or released.

TERM OF THE AGREEMENT AND TERMINATION. 5.1 Subject to Clause 5.2, the Agreement shall become effective on the date of this Agreement and shall remain in effect for an indefinite term. 5.2 The Parties may terminate this Agreement at any time by giving at least three (3) months prior written writ- ten notice. 5.3 Either Party may terminate this Agreement if the other Party is in breach of a material provision of this Agreement, and the other Party has not taken any corrective action(s) to remedy such a breach within one one (1) month as from the receipt of the written notification by the requesting Party, specifying the breach and requiring its remedy. 5.4 On termination of this Agreement for any reason:  GSD will stop providing the Additional Reporting Services;  For a period of twelve (12) months after termination, the transferred information will be accessible accessi- ble to the Storage Customer during that period. After that period, the Storage Customer may request re- quest to delete all data related to the Storage Customer from GIE’s IT system; 5.5 Any termination shall be without prejudice to any rights of the terminating Party to claim damages, interests or costs from the defaulting Party subject to the limitations in Clause 7. 5.6 Termination shall not affect rights or obligations accrued at the time of termination. Any provision of this Agreement which by nature is intended to survive termination shall remain binding until such rights or obligations have been satisfied or released.

TERM OF THE AGREEMENT AND TERMINATION. 5.1 Subject to Clause 5.2, the Agreement shall become effective on the date of this Agreement and shall remain in effect for an indefinite term. 5.2 The Parties may terminate this Agreement at any time by giving at least three (3) months prior written writ- ten notice. 5.3 Either Party may terminate this Agreement if the other Party is in breach of a material provision of this Agreement, and the other Party has not taken any corrective action(s) to remedy such a breach within one one (1) month as from the receipt of the written notification by the requesting Party, specifying the breach and requiring its remedy. 5.4 On termination of this Agreement for any reason:  • GSD will stop providing the Additional Reporting Services;  • For a period of twelve (12) months after termination, the transferred information will be accessible accessi- ble to the Storage Customer during that period. After that period, the Storage Customer may request re- quest to delete all data related to the Storage Customer from GIE’s IT system; 5.5 Any termination shall be without prejudice to any rights of the terminating Party to claim damages, interests or costs from the defaulting Party subject to the limitations in Clause 7. 5.6 Termination shall not affect rights or obligations accrued at the time of termination. Any provision of this Agreement which by nature is intended to survive termination shall remain binding until such rights or obligations have been satisfied or released.