Common use of Termination for Breach or Insolvency Clause in Contracts

Termination for Breach or Insolvency. Either Party may terminate this Agreement or any applicable Order Form, license or, subscription (without resort to court or other legal action) if the other Party fails to cure a material breach within thirty (30) days (ten (10) days in the case of non-payment by Customer) after written notice of such breach, provided that Xxxxxx may terminate this Agreement immediately upon any breach of Section 1.4 Xxxxxx may terminate this Agreement if Customer terminates or suspends its business without a successor or becomes the subject of a petition in bankruptcy or any other proceeding relating to insolvency, receivership, liquidation or assignment for the benefit of creditors.

Termination for Breach or Insolvency. Either Party may terminate this Agreement or any applicable Order Form, license orindividual Software licenses, subscription subscriptions or Statements of Work (without resort to court or other legal action) if the other Party fails to cure a material breach within thirty (30) days (ten (10) days in the case of non-payment by Customer) after written notice of such breach, provided that Xxxxxx HPartner may terminate this Agreement immediately upon any breach of Section 1.4 Xxxxxx 1.4. HPartner may terminate this Agreement if Customer terminates or suspends its business without a successor or becomes the subject of a petition in bankruptcy or any other proceeding relating to insolvency, receivership, liquidation or assignment for the benefit of creditors. If Mail&Deploy is purchased through an Authorized Reseller, HPartner may terminate any right to use Mail&Deploy pursuant to this Section in the event HPartner fails to receive payment for such Products.