Common use of Payment Breach Clause in Contracts

Payment Breach. Except as otherwise provided herein, Seagate Software may terminate this Agreement prior to its expiration in the event Distributor fails to cure any breach of a payment obligation hereunder within twenty (20) business days after written notice from Seagate Software describing the breach. Notwithstanding any other provision in this Agreement to the contrary, Distributor shall not be deemed in payment breach if it withholds any specific amount to Seagate Software because of a legitimate dispute between the parties as to that specific amount, pending the timely resolution of the disputed amount.