Common use of System Launch Failure Clause in Contracts

System Launch Failure. Business Cessation. (a) Either party may terminate this Agreement without liability in the event that the Commercial Operations Date does not occur, for any reason, by December 31, 2001. (b) AMRC may terminate this Agreement in the event it ceases, for any reason, providing the Service altogether.

Appears in 2 contracts

Sources: Programming Partner Agreement (Information Network Radio Inc), Programming Partner Agreement (Information Network Radio Inc)