Common use of Early Termination by Company Clause in Contracts

Early Termination by Company. After completion of the informal dispute resolution procedure outlined in the first sentence of Section 13.11, Company may terminate this Agreement if Penn materially breaches this Agreement and does not cure such material breach within one hundred twenty (120) days after written notice from Company specifying the alleged material breach in reasonable detail.

Appears in 4 contracts

Samples: Patent License Agreement, Patent License Agreement (Aegerion Pharmaceuticals, Inc.), Patent License Agreement (Aegerion Pharmaceuticals, Inc.)

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Early Termination by Company. After completion of the informal dispute resolution procedure outlined in the first sentence of Section 13.11, Company may terminate this Agreement if Penn materially breaches this Agreement and does not cure such material breach within one hundred twenty [CONFIDENTIAL TREATMENT REQUESTED] /*/ (120[CONFIDENTIAL TREATMENT REQUESTED] /*/) days after written notice from Company specifying the alleged material breach in reasonable detail.

Appears in 2 contracts

Samples: Patent License Agreement, Patent License Agreement (Aegerion Pharmaceuticals, Inc.)

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