Common use of CONICET Clause in Contracts

CONICET. may inspect the Area and verify its condition and its use for the intended purposes, as it deems necessary, with the only requirement of prior notification of its visit to INDEAR authorities so as not to hamper confidentiality or the development of activities that are carried out therein. ELEVENTH: RESOLUTION, COMPLAINT AND DISPUTE SETTLEMENT Failure to comply with any of the obligations established herein by any of the Parties shall be a ground for its termination. The party that defaults a requirement arising from this Agreement, shall have a period of ninety (90) calendar days as from the receipt of a certified notice of the performing Party where the defaulting Party is summoned to remedy such breach. After the aforementioned period and if the defaulting Party has not repaired the fault, both Parties agree to end the conflict amicably, notwithstanding the right of the performing Party to require the defaulting Party, legally or administratively, payment for the damages caused by the breach. In case the dispute cannot be settled amicably, it shall be submitted to the jurisdiction of the Federal Courts of the City of Buenos Aires. In the event of termination, the assignment under this Agreement shall be terminated and CONICET shall retake the free use of the Area