Common use of Termination for Damage to Reputation Clause in Contracts

Termination for Damage to Reputation. At any time during the Term, either party may give the other party sixty (60) days prior written notice of termination of this Master Agreement and all PLAs if the terminating party reasonably believes in good faith that material damage or harm is occurring to the reputation or goodwill of that party by reason of its continued performance hereunder and due to actions of the other party or any Authorized Delegate (as defined in Section 15.1), and such notice shall specify in detail the nature of the offending action or inaction and shall be effective on the date specified therein of such termination, unless the other party shall correct the condition causing such damage or harm within the notice period.

Termination for Damage to Reputation. At any time during the Term, either party may give the other party sixty (60) days prior written notice of termination of this Master Agreement and all PLAs if the terminating party reasonably believes in good faith that material damage or harm is occurring to the reputation or goodwill of that party by reason of its continued performance hereunder and due to actions of the other party or any Authorized Delegate (as defined in Section 15.1), and such notice shall specify in detail the nature of the offending action or inaction and shall be effective on the date specified therein of such termination, unless the other party shall correct the condition causing such damage or harm within the notice period.