Cure Plan. Licensee shall act in good faith, using commercially reasonable efforts to cure or otherwise resolve all Quality Issues as soon as practicable. If the Quality Issues identified in a Notice of Non-Compliance cannot reasonably be cured or otherwise resolved within 30 days following receipt of such notice, Licensee shall submit to Licensor a written plan to correct the Quality Issues (“Cure Plan”) within 30 days following receipt of the Notice of Non-Compliance. Licensee shall include a Cure Plan in any notification it makes to Licensor of a Material Incident.
Appears in 4 contracts
Samples: Trademark License Agreement (Timken Co), Trademark License Agreement (TimkenSteel Corp), Trademark License Agreement (TimkenSteel Corp)
Cure Plan. Licensee shall act in good faith, using commercially reasonable efforts to cure or otherwise resolve all Quality Issues as soon as practicable. If the Quality Issues Issue identified in a Notice of Non-Compliance cannot reasonably be cured or otherwise resolved within 30 days following receipt of such notice10 days, Licensee shall submit to Licensor a written plan to correct the Quality Issues (“Cure Plan”) within 30 10 days following receipt of the Notice of Non-Compliance. Licensee shall include a Cure Plan in any notification it makes to Licensor of a Material Incident.
Appears in 2 contracts
Samples: Trademark License Agreement (Lamb Weston Holdings, Inc.), Trademark License Agreement (Lamb Weston Holdings, Inc.)
