Common use of Termination for Default; Remedies Clause in Contracts

Termination for Default; Remedies. 10.2.1 City shall have the right, without further obligation or liability to Contractor (except as specified in Section 10.3 “Disposition of Licensed Software on Termination,” hereof), to immediately terminate this Agreement if Contractor defaults on this Agreement and fails to remedy such default within thirty (30) days after written notice by City of such default, in which event, Contractor shall reimburse City in the same manner as for the removal of the Licensed Software due to infringement under Section 7.2.2; or (ii) to terminate this Agreement upon ninety (90) days prior written notice for any reason if the license granted hereunder is for any term other than perpetual. In the event the license granted is perpetual, termination of this Agreement by City shall be effective upon receipt by Contractor of written notice of said termination. 10.2.2 Each of the following shall constitute an immediate event of default (“Event of Default”) under this Agreement: (a) Contractor fails or refuses to perform or observe any term, covenant or condition contained in any of the following Sections of this Agreement:

Appears in 9 contracts

Samples: Software License and Maintenance Agreement, Software License Agreement, Software License Agreement

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