Common use of Immediate Effect Clause in Contracts

Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if: Information Classification: Limited Access 25.2.2.1 an Insolvency Event occurs in relation to the other Party; 25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or 25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. 25.2.2.4 If the Custodian terminates this Agreement pursuant to sub- sections 25.2.1 or 25.2.2 of this Agreement, the Custodian will continue to provide the Services for a period of up to 90 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 90-day period, or such other financial assurance reasonably acceptable to the Custodian.

Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if: Information Classification: Limited Access: 25.2.2.1 an Insolvency Event occurs in relation to the other Party; 25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or 25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. 25.2.2.4 . ​ Information Classification: Limited Access If the Custodian terminates this Agreement pursuant to sub- sub-sections 25.2.1 25.2.2.1 or 25.2.2 of this Agreement25.2.2.2, the Custodian will continue to provide the Services for a period of up to 90 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 90270-day period, or such other financial assurance reasonably acceptable to the Custodian.

Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if: Information Classification: Limited Access: 25.2.2.1 an Insolvency Event occurs in relation to the other Party; 25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 45 days of receipt of notice from the Custodian requesting it to do so; or 25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 45 days of receipt of notice requesting it to do so. 25.2.2.4 . Information Classification: Limited Access If the Custodian terminates this Agreement pursuant to sub- sub-sections 25.2.1 or 25.2.2 of this Agreement25.2.2, the Custodian will continue to provide the Services for a period of up to 90 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 90270-day period, or such other financial assurance reasonably acceptable to the Custodian.

Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if: Information Classification: Limited Access 25.2.2.1 an Insolvency Event occurs in relation to the other Party; 25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or 25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. 25.2.2.4 If the Custodian terminates this Agreement pursuant to sub- sub-sections 25.2.1 or 25.2.2 of this Agreement, the Custodian will continue to provide the Services for a period of up to 90 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 90-day period, or such other financial assurance reasonably acceptable to the Custodian.

Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if: Information Classification: Limited Access: 25.2.2.1 an Insolvency Event occurs in relation to the other Party; 25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or 25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. 25.2.2.4 . Information Classification: Limited Access 18 If the Custodian terminates this Agreement pursuant to sub- sections 25.2.1 25.2.2.1 or 25.2.2 of this Agreement25.2.2.2, the Custodian will continue to provide the Services for a period of up to 90 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 90270-day period, or such other financial assurance reasonably acceptable to the Custodian.