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Top Rated Solution for Vendor and Contract Lifecycle Management

G2 reviews, 4.5 stars Software Advice, 4.7 stars

“Before Gatekeeper, our contracts were everywhere and nowhere.”

Anastasiia Sergeeva, Legal Operations Manager, BlaBlaCar

“Gatekeeper is that friendly tap on the shoulder, to remind me what needs our attention.”

Donna Roccoforte, Paralegal, Hakkasan Group

“Great System. Vetted over 25 other systems and Gatekeeper rose to the top.”

Randall S. Wood, Associate Corporate Counsel, Cricut

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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Glossary > T

Terminate for Cause

A Contract may identify the conditions under which an involved Party could Terminate it due to another Party's material Breach of Contract.

This can include

  • Becoming Bankrupt or Insolvent
  • Failing to perform Obligations due to a Force Majeure event.
  • Poor performance

Depending on the nature of the breach, the non-breaching Party may terminate the Contract immediately with or without Notice.

They could also provide the breaching Party with prior Notice and an opportunity to Cure the breach within a certain time frame.

After this timeframe, the Contract may be Terminated if the breach remains uncured.

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