Common use of Termination of Other Agreements Clause in Contracts

Termination of Other Agreements. In the event of termination of the Alliance Agreement or the Software License Agreement or the Systems Operations Agreement, LLC, the Eurex Entities, or any other party may, in its free discretion, terminate its participation in this Agreement immediately upon providing written notice to DBS; Clause 18.2 will apply. If a party has terminated this Agreement due to termination of the Alliance Agreement or the Software License Agreement or the Systems Operations Agreement for cause (Kundigung aus wichtigem Xxxxx) based on breach by a member of the Eurex Group, that party can satisfy its obligations (Erfullungsstatt) to make payment to DBS under Clause 18.2 of this Agreement by assigning to DBS that party's claims against the breaching member of the Eurex Group for damages corresponding to the amounts owed to DBS under Clause 18.2, if any. At the request of an Development Party, DBS will enter into negotiations on a separate follow-up agreement on terms and conditions similar to those in this Agreement if this Agreement has terminated due to termination of the Alliance Agreement.

Termination of Other Agreements. In the event of termination of the Alliance Agreement or the Software License Agreement or the Systems Operations Master Software Development Agreement, LLC, the Eurex Entities, or any other party may, in its free discretion, terminate its participation in this Agreement immediately upon providing written notice to DBS; Clause 18.2 will apply. If a party has terminated this Agreement due to termination of the Alliance Agreement or the Software License Agreement or the Systems Operations Software Development Agreement for cause (Kundigung aus wichtigem Xxxxx) based on breach by a member of the Eurex Group, that party can satisfy its obligations (Erfullungsstatt) to make payment to DBS under Clause 18.2 of this Agreement by assigning to DBS that party's claims against the breaching member of the Eurex Group for damages corresponding to the amounts owed to DBS under Clause 18.2, if any. At the request of an Development Operating Party, DBS will enter into negotiations on a separate follow-up agreement on terms and conditions similar to those in this Agreement if this Agreement has terminated due to termination of the Alliance Agreement.