Common use of Vendor Termination Clause in Contracts

Vendor Termination. (a) In the event that the aggregate number of Vendor Broadband Subscriber Lines: (b) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment]; (c) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment]; (d) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment]; or (e) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment], CONFIDENTIAL TREATMENT REQUESTED Vendor may within thirty (30) calendar days of the applicable calendar day set forth above for the corresponding Vendor Broadband Subscriber Line threshold provide Customer with notice of termination of this Schedule C. Such termination shall become effective on the date specified in such notice (which date shall be no earlier than one hundred fifty (150) calendar days following the date of such notice and no later than the end of the Broadband Term) unless within thirty (30) calendar days of the date of such notice, the number of Vendor Broadband Subscriber Lines is equal to or greater than such corresponding threshold . In the event of such termination, (i) Customer shall have no liability to Vendor for failure to achieve the Broadband Purchase Commitments, and (ii) except with respect to the provision of Transition Assistance pursuant to this Section, Vendor shall have no liability to Customer. Upon such termination, Vendor shall provide Transition Assistance in accordance with Section 13.4 of the Master Agreement. Nothing in this Section shall be deemed to affect the obligations of Customer with respect to the Broadband Purchase Commitments so long as Vendor has not provided Customer with a notice of termination pursuant to this Section.

Appears in 2 contracts

Samples: Network Services Agreement (Genuity Inc), Network Services Agreement (Genuity Inc)

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Vendor Termination. (a) In the event that the aggregate number of Vendor Broadband Subscriber Lines: (b) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment]; (c) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment]; (d) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment]; or (e) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment], CONFIDENTIAL TREATMENT REQUESTED Vendor may within thirty (30) calendar days of the applicable calendar day set forth above for the corresponding Vendor Broadband Subscriber Line threshold provide Customer with notice of termination of this Schedule C. Such termination shall become effective on the date specified in such notice (which date shall be no earlier than one hundred fifty (150) calendar days following the date of such notice and no later than the end of the Broadband Term) unless within thirty (30) calendar days of the date of such notice, the number of Vendor Broadband Subscriber Lines is equal to or greater than such corresponding threshold . In the event of such termination, (i) Customer shall have no liability to Vendor for failure to achieve the Broadband Purchase Commitments, and (ii) except with respect to the provision of Transition Assistance pursuant to this Section, Vendor shall have no liability to Customer. Upon such termination, Vendor shall provide Transition Assistance in accordance with Section 13.4 of the Master Agreement. Nothing in this Section shall be deemed to affect the obligations of Customer with respect to the Broadband Purchase Commitments so long as Vendor has not provided Customer with a notice of termination pursuant to this Section.

Appears in 1 contract

Samples: Network Services Agreement (Genuity Inc)

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Vendor Termination. (a) In the event that the aggregate number of Vendor Broadband Subscriber Lines: (a) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment]; (b) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment]; (c) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment];; or (d) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment]; or (e) is less than [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] as of [*Material Omitted and Separately Filed Under an Application for Confidential Treatment], CONFIDENTIAL TREATMENT REQUESTED Vendor may within thirty (30) calendar days of the applicable calendar day set forth above for the corresponding Vendor Broadband Subscriber Line threshold provide Customer with notice of termination of this Schedule C. Such termination shall become effective on the date specified in such notice (which date shall be no earlier than one hundred fifty (150) calendar days following the date of such notice and no later than the end of the Broadband Term) unless within thirty (30) calendar days of the date of such notice, the number of Vendor Broadband Subscriber Lines is equal to or greater than such corresponding threshold threshold. In the event of such termination, (i) Customer shall have no liability to Vendor for failure to achieve the Broadband Purchase Commitments, and (ii) except with respect to the provision of Transition Assistance pursuant to this Section, Vendor shall have no liability to Customer. Upon such termination, Vendor shall provide Transition Assistance in accordance with Section 13.4 of the Master Agreement. Nothing in this Section shall be deemed to affect the obligations of Customer with respect to the Broadband Purchase Commitments so long as Vendor has not provided Customer with a notice of termination pursuant to this Section.

Appears in 1 contract

Samples: Network Services Agreement (Genuity Inc)

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