Common use of DEFAULT BY EITHER PARTY Clause in Contracts

DEFAULT BY EITHER PARTY. An Event of Default shall have occurred upon (i) the occurrence of a breach of a material term of this Agreement (other than a material breach described in clause (ii) below or in Section 11.4.2) if the breaching party fails to remedy such breach within *** days after written notice thereof by the nonbreaching party, or (ii) the bankruptcy, insolvency, dissolution or sale of all or substantially all of the assets of a party that are necessary for the performance of this Agreement.

DEFAULT BY EITHER PARTY. An Event of Default shall have occurred upon (i) the occurrence of a material breach of a material term of this Agreement (other than a material breach an Event of Default described in clause (ii) below or in Section 11.4.29.3.2) if the breaching party fails to remedy such breach within *** thirty (30) days after written notice thereof by the nonbreaching party, non-breaching party or (ii) the bankruptcy, insolvency, dissolution or sale of all or substantially all of the assets winding up of a party that are necessary for the performance of this Agreementparry.

DEFAULT BY EITHER PARTY. An Event of Default shall have occurred upon (i) the occurrence of a material breach of a material term of this Agreement (other than a material breach described in clause (ii) below hereof or in Section 11.4.211.2.2 below) if the breaching party fails to remedy such breach within *** ninety (90) days after written notice thereof by the nonbreaching non-breaching party, or (ii) the bankruptcy, insolvency, dissolution or sale of all or substantially all of the assets winding up of a party that are necessary for the performance of this Agreementparty.

DEFAULT BY EITHER PARTY. An Subject to Section 10.3(b), an Event of Default by either party shall have occurred upon (i) the occurrence of a breach of a material term of this Agreement (other than a material breach described in clause (ii) below hereof or in Section 11.4.210.3(b)) if the breaching party fails to remedy such breach within *** ninety (90) days after written notice thereof by the nonbreaching party, non-breaching party or (ii) the bankruptcy, insolvency, dissolution or sale of all or substantially all of the assets winding up of a party that are necessary for the performance of this Agreementparty.

DEFAULT BY EITHER PARTY. An Event of Default shall have occurred upon (i) the occurrence of a breach of a material term of this Agreement (other than a material breach described in clause (ii) below hereof or in Section 11.4.211.2.2 below) if the breaching party fails to remedy such breach within *** ninety (90) days after written notice thereof by the nonbreaching non-breaching party, or (ii) the bankruptcy, insolvency, dissolution or sale of all or substantially all of the assets winding up of a party that are necessary for the performance of this Agreementparty.

DEFAULT BY EITHER PARTY. An Event of Default shall have occurred upon (i) the occurrence of a material breach of a material term of this Agreement (other than a material breach an Event of Default described in clause (ii) below or in Section 11.4.29.3.2) if the breaching party Party fails to remedy such breach within *** thirty (30) days after written notice thereof by the nonbreaching party, non-breaching Party (or if such breach cannot be cured within such thirty (30) day period the breaching party does not commence action to cure such breach and continue thereafter to diligently continue such actions) or (ii) the bankruptcy, insolvency, dissolution or sale of all or substantially all of the assets winding up of a party that are necessary for the performance of this AgreementParty.

DEFAULT BY EITHER PARTY. An Event of Default by either party shall have occurred upon upon; (i) the occurrence of a breach of a material term of this Agreement (other than a material breach described in clause (ii) below or in Section 11.4.2) if the breaching party fails to remedy such breach within *** ninety (90) days after written notice thereof by the nonbreaching party, non-breaching party or (ii) the bankruptcy, insolvency, dissolution or sale of all or substantially all of the assets winding up of a party that are necessary for the performance of this Agreementparty.

DEFAULT BY EITHER PARTY. An Event of Default shall have occurred upon (i) the occurrence of a material breach of a material term of this Agreement (other than a material breach an Event of Default described in clause (ii) below or in Section 11.4.29.2.2) if the breaching party fails to remedy such breach within *** ninety (90) days after written notice thereof by the nonbreaching party, non-breaching party or (ii) the bankruptcy, insolvency, dissolution or sale of all or substantially all of the assets winding up of a party that are necessary for the performance of this Agreementparty.