1. Shipment Closures
    1. Shipment NDC – Service Provider and Merchant shall sign a No dues certificate (NDC) on 25th of each month, post closure of all shipments picked up in previous month (Delivered / Return to Warehouse)
    2. Financial NDC – Service provider and Merchant shall sign a No dues certificate (NDC), Post clearance of previous months’ invoice.
  2. Termination
    1. Either Party may terminate this Agreement on the occurrence of any of the following events;
      • Immediately, if the Party is declared insolvent or bankrupt or is unable to pay its debts or makes a composition with its creditors;
      • if the Party is dissolved or wound up compulsorily or if an order made or an effective resolution is passed for the winding up of the such Party;
      • In case of any material breach of this Agreement, after giving one month prior written notice to the other Party to rectify such breach and the Party in breach is unable to rectify such breach within such one month time.
    2. Either Party may terminate this agreement for convenience at any time by giving 1(one) month’s prior written notice.
    3. In the event of any termination of this Agreement, Merchant shall promptly and forthwith make payments of all the Fees accrued or due to the Service Provider, and the Service Provider shall handover any and all Products in the Service Provider’s possession.
    4. Once your account is cancelled all of your Content will be immediately deleted from the Service. Since deletion of all data is final please be sure that you do in fact want to cancel your account before doing so. If you cancel the Service in the middle of the month, you will receive one final invoice via email. Once that invoice has been paid you will not be charged again.
    5. We reserve the right to modify or terminate the Zipping service for any reason, without notice at any time.
    6. Fraud: Without limiting any other remedies, Zipping may suspend or terminate your account if we suspect that you (by conviction, settlement, insurance or escrow investigation, or otherwise) have engaged in fraudulent activity in connection with the Site.