Common use of Term and Amendment Clause in Contracts

Term and Amendment. 9.1. This Agreement will commence on the day it is made and may be terminated by either party giving written notice to the other. 9.2. Notwithstanding clause 8.1, PDS CODE may terminate the Agreement without notice if the Customer is in default under this Agreement or commits an act of insolvency and an external administrator or controller, liquidator or trustee in bankruptcy is appointed to the Customer or the Guarantor. 9.3. PDS CODE may assign or otherwise transfer any of its rights under this Agreement. 9.4. The Customer may not without the prior written consent of PDS CODE assign or otherwise transfer any of its rights or obligations under this Agreement. 9.5. PDS CODE may amend the terms of this Agreement at any time by giving notice by mail, facsimile or email. The Customer, by placing any further order, will be deemed to have accepted the terms as amended.

Term and Amendment. 9.1. This Agreement will commence on the day it is made and may be terminated by either party giving written notice to the other. 9.2. Notwithstanding clause 8.1, PDS CODE may terminate the Agreement without notice if the Customer is in default under this Agreement or commits an act of insolvency and an external administrator or controller, liquidator or trustee in bankruptcy is appointed to the Customer or the Guarantor. 9.3. PDS CODE may assign or otherwise transfer any of its rights under this Agreement. 9.4. The Customer may not without the prior written consent of PDS CODE assign or otherwise transfer any of its rights or obligations under this Agreement. 9.5. PDS CODE may amend the terms of this Agreement at any time by giving notice by mail, facsimile or email. The Customer, by placing any further order, will be deemed to have accepted the terms as amended.