Common use of Early Termination by Either Party Clause in Contracts

Early Termination by Either Party. Without prejudice to any other right or remedy, either Party may by written notice to the other Party terminate this Agreement at any time by notice in writing to the other Party, if (a) the other Party has materially breached this Agreement (and for the avoidance of doubt non-payment by the Licensee under clause 4 shall be deemed a material breach) and, in case of a remediable breach other than a persistent breach, has failed to remedy that breach within *** days of the date of service of a written notice from the other Party specifying the breach and requiring that it be remedied; or (b) the other Party ceases to carry on business, is unable to pay its debts when they fall due, is declared bankrupt, or an order is made or a resolution passed for the winding up of that other Party or the appointment of an administrator, receiver, liquidator or manager of that other Party. *** = Portions of this exhibit have been omitted pursuant to a request for confidential treatment. An unredacted version of this exhibit has been filed separately with the Commission.

Early Termination by Either Party. Without prejudice to any other right or remedy, either Party may by written notice to the other Party terminate this Agreement at any time by notice in writing to the other Party, ifif any of the following events occur: (a) the other Party has materially breached this Agreement (and for the avoidance of doubt non-payment of any material sum by the Licensee under clause 4 shall be deemed a material breach) and, in case of a remediable breach other than a persistent breach, has failed to remedy that breach within *** thirty days of the date of service of a written notice from the other Party specifying the breach and requiring that it be remedied; or; (b) the other Party ceases to carry on business, is unable to pay its debts when they fall due, is declared bankrupt, or an order is made or a resolution passed for the winding up of that other Party or for the appointment of an administrator, receiver, liquidator or manager of that other Party. *** = Portions of ; or (c) if the force majeure event as defined in Clause 10.1 continues for longer than 6 months, either Party shall have the right to terminate this exhibit have been omitted pursuant to a request for confidential treatment. An unredacted version of this exhibit has been filed separately with Agreement by serving written notice on the Commissionother.

Early Termination by Either Party. Without prejudice to any other right or remedy, either Party may by written notice to the other Party terminate this Agreement at any time by notice in writing to time, if any of the other Party, iffollowing events occur: (a) the other Party has materially breached this Agreement (and for the avoidance of doubt non-payment without proper cause by the Licensee under clause 4 shall be deemed a material breach) and, in case of a remediable breach other than a persistent breach, has failed to remedy that breach within *** days [####] of the date of service of a written notice from the other Party specifying the breach and requiring that it be remedied; or; (b) the other Party ceases to carry on business, is unable to pay its debts when they fall due, is declared bankrupt, or an order is made or a resolution passed for the winding up of that other Party or for the appointment of an administrator, receiver, liquidator or manager of that other Party. *** = Portions of this exhibit have been omitted pursuant to a request ; or (c) if the force majeure event as defined in clause 10.1 continues for confidential treatment. An unredacted version of this exhibit has been filed separately with the Commissionlonger than [####].

Early Termination by Either Party. Without prejudice to any other right or remedy, either Party may by written notice to the other Party terminate this Agreement at any time by notice in writing to time, if any of the other Party, iffollowing events occur: (a) the other Party has materially breached this Agreement (and for the avoidance of doubt non-payment by the Licensee under clause 4 shall be deemed a material breach) and, in case of a remediable breach other than a persistent breach, has failed to remedy that breach within *** thirty days of the date of service of a written notice from the other Party specifying the breach and requiring that it be remedied; or; (b) the other Party ceases to carry on business, is unable to pay its debts when they fall due, is declared bankrupt, or an order is made or a resolution passed for the winding up of that other Party or for the appointment of an administrator, receiver, liquidator or manager of that other Party. *** = Portions of this exhibit have been omitted pursuant to a request ; or (c) if the force majeure event as defined in clause 10.1 continues for confidential treatment. An unredacted version of this exhibit has been filed separately with the Commissionlonger than 6 months.