ARTICLE IX TERMINATION Sample Clauses

The 'ARTICLE IX TERMINATION' clause defines the conditions and procedures under which the agreement may be ended by one or both parties. It typically outlines specific events or breaches that trigger the right to terminate, such as failure to perform obligations, insolvency, or mutual agreement, and may set forth notice requirements or cure periods. This clause serves to provide a clear and structured process for ending the contractual relationship, thereby reducing uncertainty and protecting the interests of both parties in the event that continuation of the agreement becomes untenable.