Common use of Revocation and Termination Clause in Contracts

Revocation and Termination. a. If Licensee fails to meet its obligations to operate its software against the Portal production environment, it will be deemed in non-compliance. b. If Licensee is found to be non-compliant, the Licensee will be notified of the requirements that it has failed to meet. The Licensee must perform a root-cause analysis and remediate the issue(s) to the satisfaction of the Authority within twenty (20) calendar days from the date it was notified of such non-compliance. c. The following may result in the revocation of a Licensee’s certification and termination of this License Agreement: o Failure to resolve non-compliance related issue(s) within the time specified. o Three (3) or more non-compliance related issues within a 180-day period. o Failure to pay an invoice after receiving final written notice. d. After revocation/termination, the Licensee will be required to re-apply through the application and testing process. e. Any person connected to the Portal that has not been certified by the Authority will receive written notification requiring it to disconnect from the Portal. In the event they do not comply, such person will be disconnected from the Portal involuntarily. f. Either party may terminate this Agreement without cause upon thirty (30) days’ written notice. g. Upon termination any outstanding invoices shall remain due and payable. h. Any continuing obligation, liability or responsibility of Licensee shall survive termination of the Agreement.

Revocation and Termination. a. If Licensee fails to meet its obligations to operate its software against the Portal production environment, it will be deemed in non-compliance. b. If Licensee is found to be non-compliant, the Licensee will be notified of the requirements that it has failed to meet. The Licensee must perform a root-cause analysis and remediate the issue(s) to the satisfaction of the Authority within twenty (20) calendar days from the date it was notified of such non-compliance. c. The following may result in the revocation of a Licensee’s certification and termination of this License Agreement: o Failure to resolve non-compliance related issue(s) within the time specified. o Three (3) or more non-compliance related issues within a 180-day period. o Failure to pay an invoice after receiving final written notice. d. After revocation/termination, the Licensee will be required to re-apply through the application and testing process. e. Any person connected to the Portal that has not been certified by the Authority will receive written notification requiring it to disconnect from the Portal. In the event they do not comply, such person will be disconnected from the Portal involuntarily. f. Either party may terminate this Agreement without cause upon thirty (30) days’ written notice. g. a. Upon termination any outstanding invoices shall remain due and payable. h. b. Any continuing obligation, liability or responsibility of Licensee shall survive termination of the Agreement.