Common use of Termination for Non-Payment Clause in Contracts

Termination for Non-Payment. In the event that full payment of any or all fees due to Escrow Associates under this Agreement have not been received by Escrow Associates within thirty (30) days of the date payment is due, Escrow Associates will notify all parties hereto of the delinquent fees. If the delinquent fees are not received within thirty (30) days of the delinquency notification, Escrow Associates shall have the right to terminate this Agreement and destroy the Deposit Materials.

Appears in 6 contracts

Samples: Product Development and Manufacturing Agreement, Product Development and Manufacturing Agreement (Gogo Inc.), Product Development and Manufacturing Agreement (Gogo Inc.)

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Termination for Non-Payment. In the event that full payment of any or all fees due to Escrow Associates under this Agreement have not been received by Escrow Associates within thirty (30) days of the date payment is due, Escrow Associates will notify all parties hereto of the delinquent fees. If the lithe delinquent fees are arc not received within thirty (30) days of the delinquency notification, Escrow Associates shall have the right to terminate this Agreement and destroy the Deposit Materials.. Confidential and Proprietary 3 Gogo LLC

Appears in 2 contracts

Samples: Technology Escrow Agreement (Gogo Inc.), Technology Escrow Agreement (Gogo Inc.)

Termination for Non-Payment. In the event that full payment of any or all fees due to Escrow Associates under this Agreement have not been received by Escrow Associates within thirty (30) days of the date payment is due, Escrow Associates will notify all parties hereto of the delinquent fees. If the delinquent fees are not received within with in thirty (30) days of the delinquency notification, Escrow Associates shall have the right to terminate this Agreement and destroy the Deposit Materialsimmediately.

Appears in 2 contracts

Samples: Software Escrow Agreement, Software Escrow Agreement (Merlin Software Technologies International Inc)

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Termination for Non-Payment. In the event that full payment of any or all fees due to Escrow Associates under this Agreement have not been received by Escrow Associates within thirty (30) days of the date payment is due, Escrow Associates will notify all parties hereto of the delinquent fees. If the delinquent fees are not received within thirty (30) days of the delinquency notification, Escrow Associates shall have the right to terminate this Agreement and destroy the Deposit Escrowed Materials.

Appears in 1 contract

Samples: Three Party Escrow Agreement (Collexis Holdings, Inc.)

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