Common use of TERMINATION OF PERFORMANCE Clause in Contracts

TERMINATION OF PERFORMANCE. Except as otherwise provided herein, in the event of any uncured Event of Default, the non-defaulting party may, without waiving any other rights or remedies, terminate this Agreement. Notwithstanding the foregoing, an uncured Event of Default shall not give the non-defaulting party the right to terminate a Task Order unless such Event of Default has a material effect on either: a) the defaulting party's performance under the particular Task Order at issue; or b) the benefits to the non-defaulting party under the particular Task Order at issue.

Appears in 2 contracts

Sources: Client Services Agreement (Teletech Holdings Inc), Client Services Agreement (Teletech Holdings Inc)