LOOPTIJD EN OPZEGGING Sample Clauses

LOOPTIJD EN OPZEGGING. This Agreement will remain in full force until terminated in accordance with this Agreement. Except where otherwise provided in this Agreement, this Agreement may be terminated as follows: (i) by either party upon thirty (30) days prior written notice upon the occurrence of a material breach by the other party of its obligations under this Agreement if such breach remains uncured at the end of the notice period, provided however that no cure period shall apply as to any material breach of Sections 3, 4, 5 and 14 of this Agreement by Customer and MSC may terminate this Agreement effective immediately upon written notice; (ii) by MSC if Customer makes a general assignment for the benefit of its creditors, is the subject of an involuntary bankruptcy petition, or is otherwise subject to insolvency or dissolution proceedings unless Customer is released from such proceedings within ninety (90) days; or (iii) by MSC, if no Software license, Support or order is pending under this Agreement. 12.1 (i) door beide partijen dertig (30) dagen na een schriftelijke mededeling, na het plaatsvinden van een materiële schending wanneer de desbetreffende andere partij tegen hoofdverplichtingen op grond van deze overeenkomst heeft overtreden of een dergelijke overtreding tot aan het einde van de termijn niet wordt verholpen, waarbij aan de klant echter bij een overtreding van een hoofdverplichting volgens de nummers 3, 4, 5 en 14 van deze overeenkomst geen termijn wordt geboden om de overtreding te verhelpen en MSC deze overeenkomst met onmiddelijke ingang schriftelijk kan opzeggen; of (ii) door MSC als klant een algemene toewijzing ten behoeve van zijn crediteuren doet, is het onderwerp van een onvrijwillige faillisementsaanvraag, of is anders onderwerpen aan insolventie of ontbinding procedures, tenzij klant wordt vrijgegeven van dergelijke procedures binnen negentig (90) dagen of (iii); of (iii) door MSC, als geen licentie software ondersteuning of bestelling in behandeling is onder deze overeenkomst.
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