Common use of Breach of Material Obligations Clause in Contracts

Breach of Material Obligations. In the event a Party fails to perform any of its material obligations under this Agreement, the non-breaching Party has given written notice to the other Party of such failure to perform, and the breach is not cured within a sixty day period from receipt of the notice, the non-breaching Party may terminate any and all of its obligations to provide maintenance and support, as set forth in Section 7, to the breaching Party.

Appears in 2 contracts

Samples: Cross License Agreement (Planetcad Inc), Cross License Agreement (Planetcad Inc)

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Breach of Material Obligations. In the event a Party fails to perform any of its material obligations under this Agreement, the non-breaching Party has given written notice to the other Party of such failure to perform, and the breach is not cured within a sixty day period from receipt of the notice, the non-breaching Party may terminate any and all of its obligations to provide maintenance and support, as set forth in Section 75, to the breaching Party.

Appears in 2 contracts

Samples: Joint Software License Agreement (Planetcad Inc), Joint Software License Agreement (Planetcad Inc)

Breach of Material Obligations. In the event If a Party fails to perform any of party materially breaches its material obligations under this Agreement, the non-breaching Party party may terminate this Agreement if such breach remains uncured (or if the breach cannot be cured within the sixty (60) days, if the breaching party has failed to initiate steps to cure such breach) more than sixty (60) days after the non breaching party has given the breaching party written notice to the other Party of such failure to perform, and the breach is not cured within a sixty day period from receipt and of the notice, the non-breaching Party may party's intent to terminate any and all of its obligations to provide maintenance and support, as set forth in Section 7, to the breaching Partythis Agreement.

Appears in 1 contract

Samples: Product Development and Distribution Agreement (Edelbrock Corp)

Breach of Material Obligations. In the event a Party fails to perform any of its material obligations under this Agreement, the non-breaching Party has given written notice to the other Party of such failure to perform, and the breach is not cured within a sixty day period from receipt of the notice, the non-breaching Party may terminate any and all of its obligations to provide maintenance and support, as set forth in Section SECTION 7, to the breaching Party.

Appears in 1 contract

Samples: Cross License Agreement (Planetcad Inc)

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Breach of Material Obligations. In the event a Party fails to perform any of its material obligations under this Agreement, the non-breaching Party has given written notice to the other Party of such failure to perform, and the breach is not cured within a sixty day period from receipt of the notice, the non-breaching Party may terminate any and all of its obligations to provide maintenance and support, as set forth in Section 7SECTION 5, to the breaching Party.

Appears in 1 contract

Samples: Joint Software License Agreement (Planetcad Inc)

Breach of Material Obligations. In the event that a Party party fails to timely perform any of its material obligations under this Agreement, the non-breaching Party party has given written notice to the other Party party of such failure to perform, and the breach is not cured within a sixty day ten (10) days, or such shorter period as provided for herein, from receipt of the notice, the non-breaching Party party may terminate any and all of its obligations to provide maintenance and support, as set forth in Section 7, under this Agreement to the breaching Partyparty, whereupon this Agreement and all of its terms and conditions, shall, ipso facto become and be null and void.

Appears in 1 contract

Samples: License Agreement (Biofarm Inc)

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