Common use of By TWI Clause in Contracts

By TWI. In the event of a default of this Agreement by TWI and the failure of TWI to cure such default after notice and opportunity to cure as provided herein, Participant may terminate this Agreement and TWI shall deliver to Participant all Materials and all other materials used, developed and/or created by TWI in the development and creation of the Internet Pages and TWI shall refund to Participant all amounts paid pursuant to the TravelWeb(TM) Order less a reasonable amount (no greater than the price set forth on the applicable TravelWeb Order) for such portion of the development and creation of the Internet Pages accomplished by TWI as represented by the Materials delivered to Participant.

Appears in 2 contracts

Samples: Participant Agreement (Pegasus Systems Inc), Participant Agreement (Pegasus Systems Inc)

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By TWI. In the event of a default of this Agreement by TWI and the failure of TWI to cure such default after notice and opportunity to cure as provided herein, Participant may terminate this Agreement and TWI shall deliver to Participant all Materials and all other materials used, developed and/or created by TWI in the development and creation of the Internet Pages and TWI shall refund to Participant all amounts paid pursuant to the TravelWeb(TMTravelWeb(SM) Order less a reasonable amount (no greater than the price set forth on the applicable TravelWeb TravelWeb(SM) Order) for such portion of the development and creation of the Internet Pages accomplished by TWI as represented by the Materials delivered to Participant.

Appears in 2 contracts

Samples: Participant Agreement (Pegasus Systems Inc), Participant Agreement (Pegasus Systems Inc)

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