Common use of Termination by Administrator Clause in Contracts

Termination by Administrator. Administrator may terminate the affected Statement of Work if Customer fails to pay undisputed amounts due thereunder and does not cure such breach in all material respects within thirty (30) days of receipt of Administrator's notice. Administrator may consider Customer's failure to comply with the payment dispute provisions of Section 12.4 above a material breach of this Agreement, in which case, Administrator may terminate the affected Statement of Work if Customer does not cure such breach within thirty (30) days of receipt of Administrator's notice. Administrator may terminate this Agreement if Customer materially breaches Article 5 or Article 6 of this Agreement and does not cure such breach in all material respects within thirty (30) days of receipt of Administrator's notice. If after Administrator has provided the notice of breach above Customer has not cured the specified breach in all material respects within the time specified above and Administrator seeks to terminate as permitted above, Administrator shall provide to Customer sixty (60) days notice of termination. Even in the event of a termination under this section, Administrator shall provide Customer with Termination Assistance Services as detailed in Section 16.1.

Appears in 2 contracts

Sources: Master Services Agreement (Variable Account I of AGL of Delaware), Master Services Agreement (Variable Account I of AGL of Delaware)