Term of the Agreements. The Parties agree that this agreement and the Operating Agreements, excluding the Asset Purchase Agreement, will be valid for six (6) years from January 1, 2008 through January 1, 2014. Anyway, the Parties may agree on an extension of such agreements for another six (6) years from January 1, 2014 through January 1, 2020, an extension that will be agreed in writing by January 1, 2013; otherwise, the effective agreements will be extended – once – for two (2) years from January 1, 2014 through January 1, 2016, when they will expire without any further proceeding. One year before the expiration of the extension on January 1, 2020, the Parties may renew the agreements by using the same procedure provided in the preceding paragraph. Should the extension not be agreed in writing, such agreements will terminate upon two (2) years from the expiration of the latest term agreed. The same renewal procedure may be used thereafter for as many times as agreed by the Parties. Notwithstanding the above, either Party may terminate the agreements in case of termination of the Framework Agreement between Quiñenco S.A. and Citigroup Inc. dated on July 19, 2007. In such case, the Party enforcing such cause will notify the other as provided in letter (l) of the Eighth clause, in which case, the agreements will be terminated within one year from the first day of the month following such notification. Notwithstanding the above, should one or both Parties fail to meet their obligations pursuant this Agreement or under the Operating Agreements, except for the Asset Purchase Agreement, where the Parties are bound on a permanent basis, during the validity of the agreements, the Parties may (a) request the execution of unfulfilled obligations; and (b) as the case may be, the payment for the direct (rather than consequential or punitive) damages and losses caused by the defaulting party to the non-defaulting party. Before selecting the referenced alternatives (a) and/or (b), the Parties will use the communication and escalation mechanisms provided in the Second clause hereof, and in case of any conflict regarding the existence or non-existence of the unfulfilled obligations (s), the procedure provided under paragraph (n) of the Eighth clause hereof.
Term of the Agreements. The term of this Agreement will begin upon our acceptance of your Affiliate Program Application and will end when terminated by either party. Either you or we may terminate this Agreement at any time, with or without cause, by giving the other party notice of termination. Notice by e-mail, to your e-mail address on our records, is considered sufficient notice for to terminate this Agreement. If this Agreement is terminated because you have violated the terms of this Agreement you are not eligible to receive any commissions payments, even for commissions earned prior to the date of termination. If this Agreement is terminated for any other reason, you are only eligible to earn a commission on sales occurring during the term of the Agreement, and commissions earned through the date of termination will remain payable only if the related orders are not canceled or returned. We reserve the right to withhold your final payment for a reasonable time to ensure that the correct amount is paid.
Term of the Agreements. The term of this Agreement will begin upon our acceptance of your Affiliate application and will end when terminated by either party. Either you or we may terminate this Agreement at any time, with or without cause, by giving the other party written notice of termination per the terms of the Affiliate Agreement above. You are only eligible to earn referral fees on sales occurring during the term.
Term of the Agreements. The term of this Agreement will begin upon Embarcadero’s acceptance of your affiliate program application and will end when terminated by either party. Either you or Embarcadero may terminate this Agreement at any time, with or without cause, by giving the other party written notice of termination. Notice may be by email or fax. Termination will take effect immediately. You are only eligible to earn referral fees on sales occurring during the term.
