Common use of Termination of Existing Contracts Clause in Contracts

Termination of Existing Contracts. Any Participating Member desiring to avail itself of the benefits of this Agreement may, at its option and without liability, terminate any existing contract(s) or other arrangement(s) with Seller for the purpose of participating in the group purchasing arrangement set forth in this Agreement except as follows: the foregoing does not entitle a Participating Member to terminate any Committed Purchase Agreement as defined in Section 2.

Appears in 2 contracts

Samples: Group Purchasing Agreement, Group Purchasing Agreement (Masimo Corp)

AutoNDA by SimpleDocs

Termination of Existing Contracts. Any Participating Member desiring to avail itself of the benefits of this Agreement may, at its option and without liability, terminate any existing contract(s) or other arrangement(s) with Seller for the purpose of participating in the group purchasing arrangement set forth in this Agreement except as follows: the foregoing does not entitle a Participating Member to terminate any Committed Purchase Agreement as defined in Section 2Agreement.

Appears in 1 contract

Samples: Group Purchasing Agreement (Horizon Medical Products Inc)

AutoNDA by SimpleDocs

Termination of Existing Contracts. Any Participating Member Participant desiring to avail itself of the benefits of benefit from this Agreement maymay at any time, at its option and without liability, terminate any existing contract(s) or other arrangement(s) with Seller Vendor for the purpose of participating in the group purchasing arrangement set forth in this Agreement except as follows: the foregoing does not entitle a Participating Member to terminate any Committed Purchase Agreement as defined in Section 2Agreement.

Appears in 1 contract

Samples: Standard Group Purchasing Agreement

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