Common use of Breach by KIC LE Termination by the Recipient Clause in Contracts

Breach by KIC LE Termination by the Recipient. 3.2.1.1. In the event that the KIC LE is in breach of its obligations under this Agreement, the Recipient may give formal notice to the KIC LE requiring that such breach will be remedied within 90 calendar days of this formal notice, unless such breach cannot be remedied. If such breach is substantial and is not remedied within that period of 90 calendar days or, is not capable of remedy, the Recipient may decide to terminate the Agreement upon notice.

Breach by KIC LE Termination by the Recipient. 3.2.1.1. In the event that the KIC LE is in breach of its obligations under this Agreement, the Recipient may give formal notice to the KIC LE requiring that such breach will be remedied within 90 calendar days of this formal notice, unless such breach cannot be remedied. If such breach is substantial and is not remedied within that period of 90 calendar days or, is not capable of remedy, the Recipient may decide to terminate the Agreement upon written notice.

Breach by KIC LE Termination by the Recipient. 3.2.1.1. In the event that the KIC LE is in breach of its obligations under this the Project Agreement, the Recipient may give formal notice to the KIC LE requiring that such breach will be remedied within 90 calendar days of this formal notice, unless such breach cannot be remedied. If such breach is substantial and is not remedied within that period of 90 calendar days or, is not capable of remedy, the Recipient may decide to terminate the Project Agreement upon notice.