Common use of Breach and Cure Clause in Contracts

Breach and Cure. If a Party believes that there is a breach of this Agreement, that Party (“Accusing Party”) must first send a written notice to the allegedly breaching Party (“Accused Party”) setting forth in detail information related to the breach or breaches. The Accused Party has thirty (30) days (“Cure Period”) to notify the Accusing Party that it has: (i) cured the breach or breaches; (ii) determined that such breach or breaches cannot be cured or can only be cured by an unreasonable amount of commercial or other effort; or (iii) chosen to dispute the alleged breach or breaches. Only after the Cure Period, and in the event the Parties are unable to amicably resolve their differences, a Party may file a complaint with an applicable court. Actions under Section 11 of this Agreement are excluded from this Section.

Appears in 4 contracts

Samples: Student and Confidentiality Agreement, Naet® Student and Confidentiality Agreement, Naet Student and Confidentiality Agreement

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