SNFS
b.Termination. This License commences on the Effective Date and will continue in perpetuity unless Licensee fails to comply with any of the material conditions of this License. ADIC may, after allowing Licensee a reasonable time to cure its default, terminate this License upon written notice to the Licensee. Within thirty (30) days after termination of this License, Licensee will certify, in writing, to ADIC, that Licensee has discontinued the use of all Software; and either destroyed or, at ADIC’s election, returned to ADIC the original and all copies of the Software and Documentation in any form maintained by Licensee.
c.Termination for Cause. A violation of any provision of Paragraph 3. above will be deemed a material breach and the basis for immediate termination of this License.
d.Termination upon Insolvency. This License may be terminated by ADIC if the Licensee (i) terminates or indefinitely suspends its business; (ii) becomes subject to any bankruptcy or insolvency proceeding under governmental statute; or (iii) becomes insolvent or becomes subject to direct control by a trustee, receiver or similar authority.
e.Remedies upon Termination. If this License is terminated by ADIC, ADIC will have the right to take immediate possession of the Software, Documentation, and all copies wherever located, without demand or notice. Termination of this License is in addition to and not in lieu of any equitable or legal remedies available to ADIC.
Notices and Correspondence
All notices and correspondence sent by one party to the other in all matters will be sent to the addresses listed in the initial paragraph hereof, except as otherwise requested in writing.
DISCLAIMER AND LIMITATION OF LIABILITY
THE LICENSEE HAS THE SOLE RESPONSIBILITY FOR THE ADEQUATE PROTECTION AND
x |