Common use of Option to Terminate Clause in Contracts

Option to Terminate. If Dell removes a material feature or materially reduces the functionality of the APEX Service, then Distributor will have the right to terminate the Order for the APEX Service if Customer chooses to terminate its order for the APEX Service with Reseller and Reseller chooses to terminate its order of the APEX Service with Distributor by notifying Dell within 30 days from the date of Dell’s modification notice. If Distributor elects to terminate that Order, then termination occurs on: (a) the date Dell receives Distributor’s notice of termination; or (b) any later date Distributor specifies in its notice (though this date must not occur more than 90 days after the date Dell receives Distributor’s termination notice).

Option to Terminate. If Dell removes a material feature or materially reduces the functionality of the APEX Service, then Distributor Reseller will have the right to terminate the Order for the APEX Service if Customer chooses to terminate its order for the APEX Service with Reseller and Reseller chooses to terminate its order of the APEX Service with Distributor by notifying Dell within 30 days from the date of Dell’s modification notice. If Distributor Reseller elects to terminate that Order, then termination occurs on: (a) the date Dell receives DistributorReseller’s notice of termination; or (b) any later date Distributor Reseller specifies in its Xxxxxxxx’s notice (though this date must not occur more than 90 days after the date Dell receives DistributorReseller’s termination notice).

Option to Terminate. If Dell removes a material feature or materially reduces the functionality of the APEX Service, then Distributor Reseller will have the right to terminate the Order for the APEX Service if Customer chooses to terminate its order for the APEX Service with Reseller and Reseller chooses to terminate its order of the APEX Service with Distributor by notifying Dell within 30 days from the date of Dell’s modification notice. If Distributor Reseller elects to terminate that Order, then termination occurs on: (a) the date Dell receives DistributorReseller’s notice of termination; or (b) any later date Distributor Reseller specifies in its Reseller’s notice (though this date must not occur more than 90 days after the date Dell receives DistributorReseller’s termination notice).

Option to Terminate. If Dell removes a material feature or materially reduces the functionality of the APEX Service, then Distributor will have the right to terminate the Order for the APEX Service if -if Customer chooses to terminate its order for the APEX Service with Reseller and Reseller chooses to terminate its order of the APEX Service with Distributor Distributor- by notifying Dell within 30 days from the date of Dell’s modification notice. If Distributor elects to terminate that Order, then termination occurs on: (a) the date Dell receives Distributor’s notice of termination; or (b) any later date Distributor specifies in its notice (though this date must not occur more than 90 days after the date Dell receives Distributor’s termination notice).

Option to Terminate. If Dell removes a material feature or materially reduces the functionality of the APEX Service, then Distributor Reseller will have the right to terminate the Order for the APEX Service if -if Customer chooses to terminate its order for the APEX Service with Reseller and Reseller chooses to terminate its order of the APEX Service with Distributor Reseller- by notifying Dell within 30 days from the date of Dell’s modification notice. If Distributor Reseller elects to terminate that Order, then termination occurs on: (a) the date Dell receives DistributorReseller’s notice of termination; or (b) any later date Distributor Reseller specifies in its Xxxxxxxx’s notice (though this date must not occur more than 90 days after the date Dell receives DistributorReseller’s termination notice).

Option to Terminate. If Dell removes a material feature or materially reduces the functionality of the APEX Service, then Distributor will have the right to terminate the Order for the APEX Service then, if Customer chooses to terminate its order for the APEX Service with Reseller and Reseller chooses to terminate its order of the APEX Service with Distributor, Distributor will have the right to terminate the Order for the APEX Service by notifying Dell within 30 days from the date of Dell’s modification notice. If Distributor elects to terminate that Order, then termination occurs on: (a) the date Dell receives Distributor’s notice of termination; or (b) any later date Distributor specifies in its notice (though this date must not occur more than 90 days after the date Dell receives Distributor’s termination notice).

Option to Terminate. If Dell removes a material feature or materially reduces the functionality of the APEX Service, then Distributor Reseller will have the right to terminate the Order for the APEX Service if -if Customer chooses to terminate its order for the APEX Service with Reseller and Reseller chooses to terminate its order of the APEX Service with Distributor Reseller- by notifying Dell within 30 days from the date of Dell’s modification notice. If Distributor Reseller elects to terminate that Order, then termination occurs on: (a) the date Dell receives DistributorReseller’s notice of termination; or (b) any later date Distributor Reseller specifies in its Reseller’s notice (though this date must not occur more than 90 days after the date Dell receives DistributorReseller’s termination notice).

Option to Terminate. If Dell removes a material feature or materially reduces the functionality of the APEX Service, then Distributor then, if Customer chooses to terminate its order for the APEX Service with Reseller, Reseller will have the right to terminate the Order for the APEX Service if Customer chooses to terminate its order for the APEX Service with Reseller and Reseller chooses to terminate its order of the APEX Service with Distributor by notifying Dell within 30 days from the date of Dell’s modification notice. If Distributor Reseller elects to terminate that Order, then termination occurs on: (a) the date Dell receives DistributorReseller’s notice of termination; or (b) any later date Distributor Reseller specifies in its Reseller’s notice (though this date must not occur more than 90 days after the date Dell receives DistributorReseller’s termination notice).