Termination due to Cause. Either Party may terminate the Agreement immediately with a written notice to the other Party in case:
Appears in 2 contracts
Samples: General Sales Terms, General Sales Terms
Termination due to Cause. Either Party may terminate the Agreement immediately with a written notice to in case:
a) the other Party commits a material breach of the Agreement and fails to remedy the same within thirty (30) days after receipt of a written demand from the other Party to cure the breach, in case:which notice the other Party notifies of its intent to terminate the Agreement; or
b) the other Party is adjudicated bankrupt or is otherwise demonstrably other than temporarily insolvent.
Appears in 2 contracts
Samples: Assetti Service General Terms and Conditions, Assetti Service General Terms and Conditions
Termination due to Cause. Either Party may terminate the Agreement immediately with a written notice to notice, if the other Party in case:commits a material breach of the Agreement and fails to remedy the same within thirty (30) days after receipt of a written demand from the other Party to cure the breach.
Appears in 1 contract
Samples: Support and Consultation Agreement
Termination due to Cause. Either Party may terminate the Agreement immediately with a written notice to the other Party in case:
a) the other Party commits any material breach of the Agreement and fails to remedy the same within thirty (30) days after receipt of a written notice by the other Party (in which notice the first Party notifies of its intent or possible intent to terminate the Agreement then unless the breach is cured within such period), or
b) the other Party is adjudicated bankrupt or placed in liquidation, discontinues the active conduct of its business, fails or is unable to pay its debts as they become due, or is or becomes insolvent.
Appears in 1 contract
Samples: General Terms Agreement
