VAR Agreement definition
Examples of VAR Agreement in a sentence
Acceptance may only be refused if the Professional Services deviate materially from the specifications in the PTV Developer VAR Agreement (“Material Defect”).
VAR acknowledges that any change of ownership, sale of all or substantially all of VAR’s assets, or attempted assignment by VAR of this VAR Agreement, or any part thereof, without Autodesk’s prior written consent may result in immediate termination of this VAR Agreement by Autodesk.
In addition to the right to terminate this VAR Agreement, Autodesk reserves all rights and remedies available to Autodesk at law or in equity, including the right to seek damages and injunctive relief for breach or threatened breach of this VAR Agreement by VAR.
The waiver of any breach or default will not constitute a waiver of any other right in this VAR Agreement or any subsequent breach or default.
VAR may not issue any press release or any other public announcement regarding this VAR Agreement or any aspect of its relationship with Autodesk without the prior written consent of Autodesk, which may be withheld in its sole discretion.
Autodesk may immediately terminate this VAR Agreement with or without notice if VAR becomes insolvent, or the subject of a voluntary or involuntary petition in bankruptcy or any proceeding relating to insolvency, receivership, liquidation, or assignment for the benefit of creditors, if that proceeding is not dismissed with prejudice within sixty (60) days after filing.
This VAR Agreement will be interpreted in accordance with its terms and without any strict construction against either party.
Except as expressly set forth herein, the parties expressly agree that no damages, indemnity or termination benefits whatsoever (including without limitation, any compensation for goodwill established by VAR during the term of this VAR Agreement or for any lost profits or expenses of VAR) shall be due or payable to VAR by reason of any termination of this VAR Agreement in accordance with its terms, and VAR expressly waives the application of any statute, law or custom to the contrary.
This VAR Agreement may be executed in separate counterparts and shall become effective when the separate counterparts have been exchanged between the parties.
This VAR Agreement has been negotiated by the parties and their respective counsel.