Common use of Termination by Operator Clause in Contracts

Termination by Operator. Without limiting any rights of termination contained elsewhere in this Agreement or otherwise existing at Law, the Operator may, by notice in writing to QR Network, immediately terminate this Agreement upon the occurrence of any one or more of the following events or circumstances: (a) an Insolvency Event in relation to QR Network occurs and such default continues for a period of sixty (60) days; (b) QR Network’s Accreditation is cancelled such that it cannot perform its obligations generally under this Agreement, and such default continues for thirty (30) days after notice from the Operator to QR Network of the default; (c) QR Network fails to pay when due any amount payable under this Agreement and such default continues for thirty (30) days after notice from the Operator to QR Network of the default; (d) QR Network is in default of the due performance of any other obligation under this Agreement and such default continues for sixty (60) days after notice from the Operator to QR Network of the default.