Common use of Breach/Default Clause in Contracts

Breach/Default. Upon breach or default of any of the terms and conditions of this Agreement, the non-defaulting party will deliver a written notice of such default to the defaulting party (the "Default Notice"). If the default is not cured within sixty (60) days after the defaulting party's receipt of the Default Notice, the non-defaulting party may terminate this Agreement.

Appears in 3 contracts

Samples: Joint Collaboration, Licensing, and Clinical Trials Agreement (Bionumerik Pharmaceuticals Inc), Joint Collaboration, Licensing, and Clinical Trials Agreement (Bionumerik Pharmaceuticals Inc), Joint Collaboration, Licensing, and Clinical Trials Agreement (BioNumerik Pharmaceuticals, Inc.)

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Breach/Default. Upon breach or default of any of the terms and conditions of this Agreement, the non-defaulting party will deliver a written notice of such default to the defaulting party (the "Default Notice"). If the default is not cured within sixty (60) days after the defaulting party's receipt of the Default Notice, the non-defaulting party may terminate this AgreementAgreement upon written notice provided by the non-defaulting party to the defaulting party.

Appears in 1 contract

Samples: Joint Collaboration, Licensing, and Clinical Trials Agreement (BioNumerik Pharmaceuticals, Inc.)

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