Long-term services contracts, such as contracts for outsourcing, generally provide the customer only limited rights to terminate. Typically, the customer is permitted to terminate the contract for the vendor's uncured
Clause Of The Month
Long-term services contracts, such as contracts for outsourcing, generally provide the customer only limited rights to terminate. Typically, the customer is permitted to terminate the contract for the vendor's uncured material breach or upon the filing of a bankruptcy petition by or against the vendor. Even if the customer has the right to terminate for convenience, it is often conditioned on the customer's paying a substantial amount.
This premium content is locked for LawJournalNewsletters subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN LawJournalNewsletters
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact Customer Service at [email protected] or call 1-877-256-2473.






