Common use of Termination upon Sale, Acquisition, Merger or Change of Control Clause in Contracts

Termination upon Sale, Acquisition, Merger or Change of Control. In the event of a sale, acquisition, merger, or other change of Control of Service Provider where such Control is acquired, directly or indirectly, in a single transaction or series of related transactions, or in the event of a sale of all or substantially all of the assets of Service Provider in a single or series of related transactions, then SARS may terminate this Agreement by giving Service Provider at least 90 (ninety) days prior notice and designating a date upon which such termination will be effective. SARS will have no liability towards Service Provider with respect to such termination

Termination upon Sale, Acquisition, Merger or Change of Control. In the event of a sale, acquisition, merger, or other change of Control of Service Provider Supplier where such Control is acquired, directly or indirectly, in a single transaction or series of related transactions, or in the event of a sale of all or substantially all of the assets of Service Provider Supplier in a single or series of related transactions, then SARS may terminate this Agreement by giving Service Provider Supplier at least 90 (ninety) days prior notice and designating a date upon which such termination will be effective. SARS will have no liability towards Service Provider to Supplier with respect to such termination.