Common use of TERMINATION FOR DEFAULT BY CUSTOMER Clause in Contracts

TERMINATION FOR DEFAULT BY CUSTOMER. The occurrence of any one or more of the following events by Customer shall constitute a default by Customer: 1) bankruptcy; 2) non-payment; 3) dissolution of business entity; 4) discontinuation of access; or 5) unauthorized modification of equipment. In the event of default, Company reserves the right to terminate this Agreement. Should Customer terminate prior to the end of the initial term of this Agreement, an early termination charge outlined in Article VIII shall apply.

Appears in 5 contracts

Samples: Lighting Agreement, Lighting Agreement, Lighting Agreement

AutoNDA by SimpleDocs

TERMINATION FOR DEFAULT BY CUSTOMER. The occurrence of any one or more of the following events by Customer shall constitute a default by Customer: 1) bankruptcy; 2) non-payment; 3) dissolution of business entity; 4) discontinuation of access; or 5) unauthorized modification of equipment. In the event of default, Company reserves the right to terminate this Agreement. Should Customer terminate prior to the end of the initial term of this Agreement, an early termination charge outlined in Article VIII shall apply.;

Appears in 1 contract

Samples: Lighting Agreement

AutoNDA by SimpleDocs

TERMINATION FOR DEFAULT BY CUSTOMER. The occurrence of any one or more of the following events by Customer shall constitute a default by Customer: 1) bankruptcy; 2) non-non- payment; 3) dissolution of business entity; 4) discontinuation of access; or 5) unauthorized modification of equipment. In the event of default, and notwithstanding the provisions of Article VII, Company reserves the right to terminate this Agreement. Should Customer terminate prior Agreement at any time upon written notice to the end of Customer and, upon any such termination, the initial term of this Agreement, an Customer shall pay the Company the early termination charge outlined charges set forth in Article VIII shall applyIX.

Appears in 1 contract

Samples: Lighting Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!