Initial Cure Period. After Licensee submits its Cure Plan to Licensor, the Parties shall each appoint a representative to promptly review and discuss in good faith the proposed Cure Plan. When Licensor, in its sole but good faith discretion, has approved the Cure Plan, Licensee shall have 120 days or such longer period as approved by Licensor on a case-by-case basis in its sole but good faith discretion in which to cure the Quality Issues (“Initial Cure Period”).
Appears in 4 contracts
Samples: Trademark License Agreement (Timken Co), Trademark License Agreement (TimkenSteel Corp), Trademark License Agreement (TimkenSteel Corp)
Initial Cure Period. After Licensee submits its Cure Plan to Licensor, the Parties shall each appoint a representative to promptly review and discuss in good faith the proposed Cure Plan. When Licensor, in its sole but good faith discretion, has approved the Cure Plan, Licensee shall have 120 thirty days or such longer period as approved by Licensor on a case-by-case basis basis, in its sole but good faith discretion discretion, in which to cure the Quality Issues (“Initial Cure Period”)Issues.
Appears in 2 contracts
Samples: Trademark License Agreement (Lamb Weston Holdings, Inc.), Trademark License Agreement (Lamb Weston Holdings, Inc.)
