TERMINATION. Either party may terminate this Agreement, immediately upon notice and without judicial or administrative resolution, if the other party or any of its employees or consultants breach any term or condition hereof which breach is not cured to the reasonable satisfaction of the notifying party within 30 days of its receipt of notice specifying the breach and demanding its cure. This Agreement will terminate automatically if Customer becomes insolvent or enters into bankruptcy, suspension of payments, moratorium, reorganization, or any other proceeding that relates to insolvency or protection of creditor’s rights. Upon termination of this Agreement for any reason, all rights granted to Customer hereunder will cease, and Customer will promptly (i) purge the Licensed Materials from all of Customer’s computer systems, storage media and other files, (ii) destroy the Licensed Materials and all copies thereof, and (iii) deliver to Reseller an affidavit which certifies that Customer has complied with these termination obligations. The provisions of this Agreement shall survive termination of this Agreement to the extent necessary to give such provisions there intended meaning and affect.
Appears in 5 contracts
Samples: Smlouva O Zajištění Elektronických Informačních Zdrojů, Smlouva O Zajištění Elektronických Informačních Zdrojů, Smlouva O Zajištění Elektronických Informačních Zdrojů
