Common use of Curable Breaches by Licensee Clause in Contracts

Curable Breaches by Licensee. If Licensee a. commits a material breach of any other terms of this Agreement, or b. files a petition in bankruptcy or is adjudicated a bankrupt or insolvent, or makes an assignment for the benefit of creditors, or an arrangement pursuant to any bankruptcy law, or discontinues its business, or if a receiver is appointed for it or its business and is not discharged within thirty (30) days, and fails to cure such default and furnish reasonable proof of its cure to MLBPA within fifteen (15) days after receiving written notice of breach, MLBPA shall have the right to terminate this Agreement by giving written notice to Licensee.

Curable Breaches by Licensee. If Licensee Licensee a. commits Commits a material breach of any other terms of this Agreement, or or b. files Files a petition in bankruptcy or is adjudicated a bankrupt or insolvent, or makes an assignment for the benefit of creditors, or an arrangement pursuant to any bankruptcy law, or discontinues its business, or if a receiver is appointed for it or its business and is not discharged within thirty (30) days, and fails to cure such default and furnish reasonable proof of its cure to MLBPA within fifteen (15) days after receiving written notice of breach, MLBPA shall have the right to terminate this Agreement by giving written notice to Licensee.

Curable Breaches by Licensee. If Licensee a. commits Commits a material breach of any other terms of this Agreement, or b. files Files a petition in bankruptcy or is adjudicated a bankrupt or insolvent, or makes an assignment for the benefit of creditors, or an arrangement pursuant to any bankruptcy law, or discontinues its business, or if a receiver is appointed for it or its business and is not discharged within thirty (30) days, and fails to cure such default and furnish reasonable proof of its cure to MLBPA within fifteen (15) days after receiving written notice of breach, MLBPA shall have the right to terminate this Agreement by giving written notice to Licensee.

Curable Breaches by Licensee. If Licensee a. commits a material breach of any other terms of this Agreement, ; or b. files a petition in bankruptcy or is adjudicated a bankrupt or insolvent, or makes an assignment for the benefit of creditors, or an arrangement pursuant to any bankruptcy law, or discontinues its business, or if a receiver is appointed for it or its business and is not discharged within thirty (30) days, ; and Licensee fails to cure such default and furnish reasonable proof of its cure to MLBPA within fifteen thirty (1530) days after receiving written notice of breach, MLBPA shall have the right to terminate this Agreement by giving written notice to Licensee.