Common use of Default and Termination Clause in Contracts

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the terms of this Agreement (“default”), the other party may terminate this Agreement upon fifteen (15) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteen-day period. 8.2 University may, without cause, terminate this Agreement at any time upon giving seven (7) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice that could have been avoided or mitigated by Contractor.

Appears in 14 contracts

Sources: Contract Agreement, Contractor Agreement, Contractor Agreement

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen (15) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteen-day (15-day) period. 8.2 University may, without cause, terminate this Agreement at any time upon giving seven (7) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice notice, that could have been avoided or mitigated by Contractor.

Appears in 8 contracts

Sources: Contractor Agreement, Contractor Agreement, Contractor Agreement

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen thirty (1530) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteenthirty-day (30-day) period. 8.2 University may, without cause, terminate this Agreement at any time upon giving seven thirty (730) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice notice, that could have been avoided or mitigated by Contractor.

Appears in 4 contracts

Sources: Sample Agreement, Contractor Agreement, Contractor Agreement

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen (15) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteen-day (15-day) period. 8.2 University may, without cause, terminate this Agreement at any time upon giving seven (7) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice that could have been avoided or mitigated by Contractor.

Appears in 4 contracts

Sources: Contractor Agreement, Contractor Agreement, Contractor Agreement

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen (15) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteen-day (15-day) period. 8.2 University may, without cause, terminate this Agreement at any time upon giving seven thirty (730) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice notice, that could have been avoided or mitigated by Contractor.

Appears in 2 contracts

Sources: Contractor Agreement, Contractor Agreement

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen thirty (1530) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteenthirty-day (30-day) period. 8.2 University may, without cause, terminate this Agreement at any time upon giving seven fifteen (715) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice notice, that could have been avoided or mitigated by Contractor.

Appears in 1 contract

Sources: Contractor Agreement

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen thirty (1530) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteenthirty-day period(30-day). 8.2 University may, without cause, terminate this Agreement at any time upon giving seven thirty (730) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice notice, that could have been avoided or mitigated by Contractor.

Appears in 1 contract

Sources: CRM Program Agreement

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen thirty (1530) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteenthirty-day (30-day) period. 8.2 University may, without cause, terminate this Agreement at any time upon giving seven thirty (730) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from f rom the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice notice, that could have been avoided or mitigated by Contractor.

Appears in 1 contract

Sources: Contractor Agreement

Default and Termination. 8.1 7.1 In the event of a material failure by a party to this Agreement to perform in accordance with the terms of this Agreement (“default”), the other party may terminate this Agreement upon fifteen (15) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteen-day period. 8.2 7.2 University may, without cause, terminate this Agreement at any time upon giving seven (7) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice that could have been avoided or mitigated by Contractor.

Appears in 1 contract

Sources: Non Exclusive Services Agreement

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen (15) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteen-day period(15-day). 8.2 University may, without cause, terminate this Agreement at any time upon giving seven (7) sixty days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice notice, that could have been avoided or mitigated by Contractor.

Appears in 1 contract

Sources: Contractor Agreement

Default and Termination. 8.1 In the event of a material failure by a party Party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party Party may terminate this Agreement upon fifteen (15) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating partyParty. The termination will not be effective if the material failure is fully cured prior to the end of the fifteen-fifteen (15) day period. 8.2 University may, without cause, terminate this Agreement at any time upon giving seven (7) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice notice, that could have been avoided or mitigated by Contractor.

Appears in 1 contract

Sources: Mobile Application Design Services Agreement

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen (15) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteen-day (15-day period. 8.2 University may, without cause, terminate this Agreement at any time upon giving seven (7) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice notice, that could have been avoided or mitigated by Contractor.

Appears in 1 contract

Sources: Enterprise Customer Relations Management Software Platform Agreement

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen (15) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteen-day (15-day) period. 8.2 University may, without cause, terminate this Agreement at any time upon giving seven (7) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice that could have been avoided or mitigated by Contractor.

Appears in 1 contract

Sources: Contractor Agreement

Default and Termination. 8.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen thirty (1530) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteenthirty-day (30-day) period. 8.2 University may, without cause, terminate this Agreement at any time upon giving seven thirty (730) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice notice, that could have been avoided or mitigated by Contractor.

Appears in 1 contract

Sources: Contractor Agreement

Default and Termination. 8.1 7.1 In the event of a material failure by a party to this Agreement to perform in accordance with the its terms of this Agreement (default), the other party may terminate this Agreement upon fifteen thirty (1530) days’ written notice of termination setting forth the nature of the material failure; provided, that, the material failure is through no fault of the terminating party. The termination will not be effective if the material failure is fully cured prior to the end of the fifteenthirty-day (30-day) period. 8.2 7.2 University may, without cause, terminate this Agreement at any time upon giving seven thirty (730) days' advance written notice to Contractor. Upon termination pursuant to this Section, Contractor will be entitled to payment of an amount that will compensate Contractor for the Work satisfactorily performed from the time of the last payment date to the termination date in accordance with this Agreement; provided, that, Contractor has delivered all Work Material to University. Notwithstanding any provision in this Agreement to the contrary, University will not be required to pay or reimburse Contractor for any services performed or for expenses incurred by Contractor after the date of the termination notice notice, that could have been avoided or mitigated by Contractor.

Appears in 1 contract

Sources: Contractor Agreement