Common use of Service Continuation Clause in Contracts

Service Continuation. In the event that (a) You fail to pay any outstanding amounts within sixty (60) days of any uncontested amount due or (b) Your End User accounts experience excessive churn, Nimans shall have the right, at its sole discretion, to assume, or reallocate to another reseller, ownership of and responsibility for any End User accounts for which payments are due for which Nimans shall not be liable towards You. In this event, these accounts would be billed and supported by Nimans or the receiving ▇▇▇▇▇▇▇▇.▇▇ which case You will provide cooperation, as requested by Nimans, with respect to the conversion/reallocation and transition of the customer accounts (including without limitation providing Nimans-approved communication to the impacted customers and providing Nimans with all information reasonably necessary to facilitate the conversion and transition of the customer accounts). Notwithstanding the foregoing, You shall remain liable for all unpaid and outstanding amounts owed by You to Nimans for all transactions taking place under this Agreement prior to such conversion or reallocation of Your End User accounts.

Appears in 2 contracts

Sources: Master Service Agreement, Master Service Agreement