Termination by Expedia Sample Clauses
The 'Termination by Expedia' clause grants Expedia the right to end the contractual agreement under specified circumstances. Typically, this clause outlines the conditions under which Expedia may terminate the contract, such as breach of terms, insolvency, or failure to meet performance standards by the other party. Its core practical function is to provide Expedia with a clear mechanism to exit the agreement if necessary, thereby protecting its interests and ensuring flexibility in managing business relationships.
Termination by Expedia. This agreement may be terminated by Expedia by providing written notice of such termination (specifying the date on which such termination is to occur) to Decolar in the following circumstances:
Termination by Expedia. This Agreement may be terminated by Expedia ---------------------- alone, by means of written notice to Company, if there has been a material breach by Company or any of the Principal Stockholders of any representation, warranty, covenant or agreement set forth in the Agreement or other ancillary agreements, which breach has not been cured within ten (10) business days following receipt by Company of notice of such breach.
Termination by Expedia. Provided that Decolar or its Affiliates have not breached any of their obligations under the Agreement (as amended hereby) or any other agreement with Expedia or its Affiliates, (it being understood that if any such breach occurs but is thereafter promptly cured by Decolar in full, it shall not be deemed a breach for purposes of this provision), Expedia hereby irrevocably waives any right to terminate the Agreement pursuant to Section 11.2.3(d) (Marketing Fees) of the Agreement for any period prior to or during the Amendment Term. For the avoidance of doubt, the period of calculation for purposes of Section 11.2.3 of the Agreement would begin to run upon termination of this Amendment.