Common use of Termination by Operator Clause in Contracts

Termination by Operator. (a) The Operator may terminate this Agreement upon 20 Business Days' written notice to the Principal if the Principal fails: (i) to make a payment to the Operator in accordance with this Agreement within 20 Business Days of such payment being due, subject to clause 20.7(b); or (ii) to provide the Operator with access to the IT Platform software in accordance with clause 7.11(b) and the Principal has not remedied such breach within 5 Business Days of being given written notice by the Operator to do so. (b) The Operator must not terminate this Agreement where the Principal's failure to make a payment is the subject of an unresolved Dispute under clause 23.

Termination by Operator. (a) The Operator may terminate this Agreement upon 20 Business Days' written notice to the Principal if the Principal fails: (i) to make a payment to the Operator in accordance with this Agreement within 20 Business Days of such payment being due, subject to clause 20.7(b); or (ii) to provide the Operator with access to the IT Platform software in accordance with clause 7.11(b7.10(b) and the Principal has not remedied such breach within 5 Business Days of being given written notice by the Operator to do so. (b) The Operator must not terminate this Agreement where the Principal's failure to make a payment is the subject of an unresolved Dispute under clause 23.