Laserfiche WebLink
<br />.' <br /> <br />Agreements five or more times, and Owner delivers prompt written notice of each such occurrence to <br />Manager. <br /> <br />Section 3.2 <br /> <br />Termination. <br /> <br />(a) This Agreement may be terminated (i) by either Party upon thirty (30) <br />days written notice, specifying the basis for such termination, if the other Party fails to perform or <br />comply with any of the material terms, covenants, agreements, or conditions hereof, and such failure is <br />not cured during such thirty (30) day notification period (an "Event of Default"), or (ii) by either party <br />immediately by written notice upon the other party beingjudged bankrupt or insolvent, or if any receiver <br />or trustee of all or any part of the business property of the other party shall be appointed and shall not be <br />discharged within one hundred and twenty (120) days after appointment, or if either party shall make an <br />assignment of its property for the benefit of creditors or shall file a voluntary petition in bankruptcy or <br />insolvency, or shall apply for bankruptcy under the bankruptcy or insolvency laws now in force or <br />hereinafter enacted, Federal, State or otherwise, or if such petition shall be filed against either party and <br />shall not be dismissed within one hundred and twenty (120) days after such filing. <br /> <br />. <br /> <br />(b) In the event this Agreement expires or is terminated prior to the end of the <br />Term for convenience or as a result of Owner's default hereunder, in addition to the other amounts due <br />Manager hereunder, the Owner shall pay Manager the accrued revenue, computed on a pro-rata basis to <br />the effective date of termination (if applicable) plus an amount agreed by the Parties for events and other <br />such performances occurring after such termination, but booked by Manager prior to termination <br />(Owner hereby agreeing to negotiate in good faith for the payment of an amount that is proportionate to <br />the work related to such events performed by Manager); provided, however, that no such payments shall <br />be due to Manager in the event of any termination as a result of Manager's default hereunder, <br />Additionally, in the event this Agreement is terminated due to a breach by the Owner or terminated for <br />convenience by the Owner, the Owner shall pay Manager a "Demobilization Sum" equal to those costs <br />actually incurred by Manager (including without limitation, amounts actually paid to artists) in <br />connection with removing and relocating personnel, terminating and/or assigning contracts or leases, and <br />other costs actually incurred by Manager in withdrawing from the provision of services hereunder, as <br />well as other damages that may be agreed by owner or awarded by any court or tribunal adjudicating a <br />dispute between the Parties related to such termination, Manager shall provide the Owner with written <br />documentation of all such expenses prior to payment by the Owner. <br /> <br />(c) The Owner may terminate this Agreement if the Manager fails to secure <br />the performance of25 Pavilion Events during each Operating Year, except to the extent that one or more <br />scheduled Pavilion Events are prevented as a result of Owner's default hereunder, force majeure, casualty <br />to or condemnation of the Facility; provided, with respect to prevention as a result of force majeure, <br />Manager notifies Owner of the circumstance within one week of the occurrence of the force majeure <br />preventing the Pavilion Event. <br /> <br />(d) Upon termination or expiration of this Agreement for any reason, Manager <br />shall (i) promptly discontinue the performance of all services hereunder, (ii) deliver or otherwise make <br />available to the Owner all data, electronic files, documents, procedures, reports, estimates, summaries, <br /> <br />. <br /> <br />3 <br /> <br />