Common use of Termination for Failure to Pay Clause in Contracts

Termination for Failure to Pay. In the event Firm Participant fails to pay to Association any fees required under this Agreement, RMLS may terminate service without being subject to arbitration. In its sole discretion, RMLS may suspend its performance under this Agreement rather than terminating it, in the event that Firm Participant fails to pay to Association any fees required under this Agreement.

Appears in 6 contracts

Samples: Participant Agreement, Participant Agreement, Participant Agreement

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Termination for Failure to Pay. In the event Firm Participant Subscriber fails to pay to Association any fees required under this Agreement, RMLS may terminate service without being subject to arbitration. In its sole discretion, RMLS may suspend its performance under this Agreement rather than terminating it, in the event that Firm Participant Subscriber fails to pay to Association any fees required under this Agreement.

Appears in 4 contracts

Samples: Subscriber Agreement, Subscriber Agreement, Subscriber Agreement

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Termination for Failure to Pay. In the event Firm Participant fails to pay to Association any fees required under this Agreement, RMLS may terminate service without being subject to arbitration. In its sole discretion, RMLS may suspend its performance under this Agreement rather than terminating it, in the event that Firm Participant fails to pay to Association any fees required under this Agreement.Agreement.β€Œ

Appears in 1 contract

Samples: Participant Agreement

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