Termination of this Agreement for Cause. Either Party may terminate this Agreement (including all related Orders) if the other party (a) fails to cure any material breach of this Agreement (including a failure to pay fees) within thirty (30) days after written notice; (b) ceases operations without a successor; or (c) seeks protection under any bankruptcy, receivership, trust deed, creditor’s arrangement, composition, or comparable proceeding, or if any such proceeding is instituted against that party (and not dismissed within sixty (60) days thereafter. Notwithstanding the foregoing, a Party shall not be permitted to terminate this Agreement due to that Party’s own material breach of this Agreement.
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Samples: Master Software Licence and Subscription Agreement, Master Software Licence and Subscription Agreement, Master Software License and Subscription Agreement
Termination of this Agreement for Cause. Either Party may terminate this Agreement (including all related Orders) if the other party (a) fails to cure any material breach of this Agreement (including a failure to pay fees) within thirty (30) days after written notice; (b) ceases operations without a successor; or (c) seeks protection under any bankruptcybank- ruptcy, receivership, trust deed, creditor’s arrangement, composition, or comparable proceeding, or if any such proceeding pro- ceeding is instituted against that party (and not dismissed within sixty (60) days thereafter. Notwithstanding the foregoingfore- going, a Party shall not be permitted to terminate this Agreement Agree- ment due to that Party’s own material breach of this AgreementAgree- ment.
Appears in 1 contract
Samples: Master Software Licence and Subscription Agreement 本ソフトウェアライセンスおよびサブスクリプション契約