Common use of Equipment Relocation Clause in Contracts

Equipment Relocation. Grass Valley may terminate a purchased Support Agreement in the event Customer moves or relocates Covered Equipment to a location which would impair or otherwise prevent Grass Valley from providing the Support Services. In such event, Customer shall be liable for a cancellation fee equal to twenty-five percent (25%) of the remaining fees due under the applicable Support Agreement.

Appears in 14 contracts

Sources: Support Agreement, Support Agreement, Terms and Conditions of Sale

Equipment Relocation. Grass Valley may terminate a purchased Support this Agreement in the event the Customer moves or relocates Covered Equipment to a location which would impair or otherwise prevent Grass Valley from providing the Support ServicesServices set forth in this Agreement. In such event, Customer shall be liable for a cancellation fee equal to twenty-five percent (25%) of the remaining fees Fees due under the applicable Support this Agreement.

Appears in 2 contracts

Sources: Customized Support Agreement, Support Agreement