Common use of Payment Intermediary Clause in Contracts

Payment Intermediary. Customer acknowledges and agrees that its access to the Services is subject to Reseller paying fees owed for the Services on Customer’s behalf. In the event that Reseller fails to pay fees owed in a timely fashion and does not cure such failure within thirty (30) days of written notice from LogicMonitor to Reseller (with a copy provided to Customer), LogicMonitor shall have the right to terminate this Agreement or suspend Customer’s access thereto until payment is received; provided, that, if Reseller’s failure to pay fees owed is not the fault of Customer, LogicMonitor shall cooperate in good faith with Customer to transition to an alternative reseller or to a direct purchase model without interruption in the Service.