Common use of Actions in Event of Breach Clause in Contracts

Actions in Event of Breach. 16.3.1. Upon a material breach by either party, the non-breaching party may: 16.3.1.1. terminate this Contract after giving written notice of the stated failure. The written notice must demand performance of the stated failure within a specified period of time of not less than 30 days. If the demanded performance is not completed within the specified period, the termination is effective at the end of the specified period; or 16.3.1.2. treat this Contract as materially breached and, except as the remedy is limited in this Contract, pursue any of its remedies under this Contract, at law or in equity.

Actions in Event of Breach. 16.3.114.3.1. Upon a material breach by either party, the non-breaching party may: 16.3.1.114.3.1.1. terminate this Contract after giving written notice of the stated failure. The written notice must demand performance of the stated failure within a specified period of time of not less than 30 days. If the demanded performance is not completed within the specified period, the termination is effective at the end of the specified period; or 16.3.1.214.3.1.2. treat this Contract as materially breached and, except as the remedy is limited in this Contract, pursue any of its remedies under this Contract, at law or in equity.

Actions in Event of Breach. 16.3.121.3.1. Upon a material breach by either party, the non-breaching party may: 16.3.1.121.3.1.1. terminate this Contract after giving written notice of the stated failure. The written notice must demand performance of the stated failure within a specified period of time of not less than 30 days. If the demanded performance is not completed within the specified period, the termination is effective at the end of the specified period; or 16.3.1.221.3.1.2. treat this Contract as materially breached and, except as the remedy is limited in this Contract, pursue any of its remedies under this Contract, at law or in equity.