Term Termination Early Termination. Process and Legal Consequences of Termination of Contract Any and all stipulations regarding term, termination resp. waiver of termination, early cancellation of the service agreement and fees primarily result from the offer and/ or the respective underlying service tickets resp. in case of a lease- or service agreement relationship with CANCOM Rental Services GmbH from the respective lease- and service tickets. If the offer and/or respective service tickets (lease- and service tickets) do not provide (specific) regulations, the following provisions shall anyhow apply. Subject to a separate stipulation in the offer and/ or the service ticket (lease- and service ticket), which prevails all other contract documents, the service agreement shall come into force upon signature by both contracting parties, upon provision of the service by CANCOM at the latest and shall be concluded for an indefinite period of time. It may be terminated by either party giving 3 months written notice by registered letter, to the end of the minimum term agreed in the service ticket (lease- and service ticket) at the earliest, however. The customer may only terminate services which are not considered a prerequisite for a service which itself is not terminated. If in the service agreements the service start is not separately agreed, the customer shall – after a possible system inspection and restoration, if necessary, as well as upon payment of expenses in this context, be entitled to performance of the services according to the agreed scope of performance. Each contracting party shall be entitled to early terminate the service agreement for important reason by registered letter without previous notice. For CANCOM an important reason shall anyhow be given if the customer is in default with payment for more than 30 days, as well as if the other contracting party despite written reminder and threat of termination violates other material obligations of the agreement, or if the services of the other contracting party are being impaired or impeded for a period of more than six months due to force majeure. Furthermore, CANCOM shall be entitled to early terminate the agreement for important reason if material parameters of service performance have changed and CANCOM therefore cannot be expected to continue the services from an economic point of view. In any case of total or partial early termination/cancellation and after any other ending of the agreement CANCOM shall be entitled to stop th...
Term Termination Early Termination. 3.01 This Agreement shall be effective as of the day and year first written above (the Effective Date) and shall continue through December 31, 2011 (the “Initial Term”). Thereafter this Agreement shall automatically renew for periods of one (1) year (the “Renewal Term(s)) (unless written notice of termination is given by either party at least one hundred twenty (120) days prior to the end of the initial term or any extension thereof, in which event the termination shall be effective as of the end of the “Initial Term” or the “Renewal Term” as the case may be.
Term Termination Early Termination
