Common use of Failure to Make Payment Clause in Contracts

Failure to Make Payment. Micrus may terminate this Agreement at any time upon Distributor’s failure to make payments due to Micrus pursuant to this Agreement and the continuation of such failure for more than thirty (30) days after delivery of written notice to Distributor of such failure.

Appears in 5 contracts

Samples: Distribution Agreement (Micrus Endovascular Corp), Distribution Agreement (Micrus Endovascular Corp), Distribution Agreement (Micrus Endovascular Corp)

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Failure to Make Payment. Micrus may terminate this Agreement at any time upon Distributor’s 's failure to make payments due to Micrus pursuant to this Agreement and the continuation of such failure for more than thirty (30) days after delivery of written notice to Distributor of such failure.

Appears in 1 contract

Samples: Distribution Agreement (Micrus Endovascular Corp)

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