Termination with Cause and/or Suspension. In addition to any other right and remedy available at law or in equity, if at any xxxx Xxxxxx is in breach of this Agreement, Arc, at its sole option, may, but shall not be obligated to, take one of two curative measures. For violations that do not appear to pose a serious threat to the integrity of the program, Arc may suspend the Seller from future registrations as per Section 6.3. For those violations that Arc deems to be serious enough in nature to pose a risk to the program, Arc may terminate the Seller with cause as per Section 6.4.
Appears in 6 contracts
Samples: Seller Loan Purchase and Sale Agreement, Seller Loan Purchase and Sale Agreement, Seller Loan Purchase and Sale Agreement
