Common use of Termination for Non-Payment Clause in Contracts

Termination for Non-Payment. Provider may terminate this Agreement (to be effective immediately) if any Fees or other amounts due by Recipient hereunder fail to be timely paid in accordance with this Agreement or otherwise, except those amounts that are reasonably contested pursuant to the terms hereof, within thirty (30) days following written notice to Recipient by Provider of such failure.

Appears in 5 contracts

Samples: Transition Services Agreement (LENSAR, Inc.), Transition Services Agreement (PDL Biopharma, Inc.), Transition Services Agreement (LENSAR, Inc.)

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Termination for Non-Payment. A Provider may terminate this Agreement (Agreement, with respect to be effective immediately) all or any applicable Services it provides hereunder, if any Fees or other the Recipient fails to pay undisputed amounts due by Recipient hereunder fail to be timely paid in accordance with this Agreement or otherwiseArticle II, except those amounts that are reasonably contested pursuant and the Recipient fails to the terms hereof, cure such payment default within thirty (30) days following written of receipt of notice to Recipient by Provider of such failurethe payment default from the Provider.

Appears in 4 contracts

Samples: Transition Services Agreement (Technip Energies N.V.), Transition Services Agreement (TechnipFMC PLC), Transition Services Agreement (Technip Energies B.V.)

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