AWS NATIONAL ACCOUNTS 1-2004 - Laserfiche WebLink

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federal and state tax identification numbers. If a purchasing entity is not exempt from sales, gross receipts, or local option taxes for the transaction, the contractor shall be reimbursed by the purchasing entity to the extent of any tax liability assessed. D. Invoices Invoices shall be submitted to the purchasing entity. The agreement is effective on July 1, 2001 for a term of three (3) calendar years and may be mutually renewed for two (2) additional one -year terms unless terminated pursuant to the terms of this agreement. In no event shall this agreement remain in effect longer than five (5) years from the effective date. The following provisions are applicable in the event that the agreement is terminated. A. Termination for Convenience At any time, the NMSPA may terminate this agreement, in whole or in part, by giving the contractor (30) days written notice; provided, however, neither the NMSPA nor a purchasing entity has the right to terminate a specific purchase order for convenience after it has been issued if the product is ulti- mately accepted. At any time, contractor may terminate this agreement, in whole or in part, by giving the agreement administrator thirty (30) days written notice. Such termination shall not relieve contractor of warranty or other service obligations incurred under the terms of this agreement. B. Termination for Cause Either party may terminate this agreement for cause based upon material breach of this agreement by the other party, provided that the non- breaching party shall give the breaching party written notice specifying the breach and shall afford the breaching party a reasonable opportunity to correct the breach. If within thirty (30) days after receipt of a written notice the breaching party has not corrected the breach or, in the case of a breach which cannot be corrected in thirty (30) days, begun and proceeded in good faith to correct the breach, the non - breaching party may declare the breaching party in default and terminate the agreement effective immediately. The non- breaching party shall retain any and all other remedies available to it under the law.