TERMINATION AND EFFECTS OF TERMINATION. 10.1 This Agreement may be terminated by the Firm forthwith in the event 10.1.1 Vendor fails to make payment of the sum demanded after it has been served a 48 hours written notice; 10.1.2 Vendor commits a material breach of any representation, obligations, covenant, warranty or term of this agreement and the same is not cured within 30 days after written notice given by the Firm. 10.1.3 If a Petition for insolvency is filed against the Vendor. 10.1.4 If the Vendor is in infringement of the third party rights including intellectual property rights.
Appears in 4 contracts
Sources: Vendor Agreement, Vendor Agreement, Vendor Agreement