Common use of Termination of MSA for Cause Clause in Contracts

Termination of MSA for Cause. If Cognizant defaults in the performance of any of its material obligations under this MSA, and does not cure such default within the Default Cure Period after receipt 39 4830-2082-6212v.8 207239136_2 LAW of notice of such breach from ▇▇▇▇▇▇▇ (or Cognizant fails to reach an agreement with ▇▇▇▇▇▇▇ regarding the cure thereof within such period), then ▇▇▇▇▇▇▇ may, by giving notice to Cognizant Worldwide, terminate this MSA and all Statements of Work then in effect, as of the termination date specified in the notice of termination.

Appears in 2 contracts

Sources: Master Services Agreement (Talcott Resolution Life Insurance Co Separate Account Three), Master Services Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven)