Common use of FINAL CURE PERIOD Clause in Contracts

FINAL CURE PERIOD. If the said noncompliance with the Quality Standards by Purchaser or any Subsidiary (as the case may be) remains uncured after the expiration of the Second Cure Period, then at Seller’s election, Purchaser or the non-complying Subsidiary (as the case may be) promptly shall cease offering the non-complying Licensed Products under the Licensed Marks until Seller reasonably determines that Purchaser, or the non-complying Subsidiary (as the case may be) has reasonably demonstrated its ability and commitment to comply with the Quality Standards. Nothing in this Article VII shall be deemed to limit Purchaser’s obligations under Section 3.3 above.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Avago Technologies LTD), Asset Purchase Agreement (Agilent Technologies Inc), Purchase and Sale Agreement (Avago Technologies LTD)

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FINAL CURE PERIOD. If the said noncompliance with the Seller Quality Standards by Purchaser or any Subsidiary (as the case may be) remains uncured after the expiration of the Second Cure Period, then at Seller’s reasonable election, Purchaser or the non-complying Subsidiary (as the case may be) promptly shall cease offering the non-complying Licensed Products under the Licensed Marks until Seller reasonably determines that Purchaser, or the non-complying Subsidiary (as the case may be) has reasonably demonstrated its ability and commitment to comply with the Seller Quality Standards. Nothing in this Article VII shall be deemed to limit Purchaser’s obligations under Section 3.3 above.

Appears in 1 contract

Samples: Asset Purchase Agreement (Avago Technologies LTD)

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FINAL CURE PERIOD. If the said noncompliance with the Quality Standards by Purchaser or any Subsidiary (as the case may be) remains uncured after the expiration of the Second Cure Period, then at Seller’s 's election, Purchaser or the non-complying noncomplying Subsidiary (as the case may be) promptly shall cease offering the non-complying Licensed noncomplying Purchaser Products under the Licensed Marks until Seller reasonably determines that Purchaser, or the non-complying noncomplying Subsidiary (as the case may be) has reasonably demonstrated its ability and commitment to comply with the Quality Standards. Nothing in this Article VII VIII shall be deemed to limit Purchaser’s 's obligations under Section 3.3 4.3 above or to preclude Seller from exercising any rights or remedies under Section 4.3 above.

Appears in 1 contract

Samples: Asset Purchase Agreement (Agilent Technologies Inc)

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