Licensee Default. For the purposes of Clause 20, there shall have occurred a Licensee Default in any of the following events or circumstances:
Licensee Default. Licensor will copy Administrative Agent on any notice of breach that identifies itself as a notice of breach, default, suspension, termination issued to Licensee under, or any exercise by Licensor of any other remedy under Section 18 of, the License Agreement. Administrative Agent shall have the right, but not the obligation, upon notice to Licensor, to cure any of the foregoing on behalf of Licensee during the time period for cure established in the default notice (provided that the commencement date for purposes of calculating any such cure JPMorgan Chase Bank, N.A., as Administrative Agent November 21, 2011 period shall be the date on which the Administrative Agent receives the relevant notice from the Licensor). Licensor shall extend Administrative Agent’s right to cure for such reasonable period of time beyond the above cure period if: (i) the default is not a material default related to health or safety; (ii) the default is susceptible to cure; (iii) Administrative Agent notifies Licensor of Administrative Agent’s intention to cure the default as soon as reasonably practicable, but by no later than two (2) days prior to expiration of the cure period established in the default notice; (iv) all royalties, fees, charges, and other amounts due to Licensor or any of its affiliates under the License Agreement are kept current (other than those that are the subject of any good faith dispute); and (v) cure of the default is diligently pursued. The foregoing procedures shall apply separately each purported breach or default of the License Agreement.
Licensee Default. If Licensee defaults in the performance of any of its obligations under this License, in addition to all other rights Licensor may have at law or in equity, Licensor may terminate this License upon three (3) days' notice to Licensee. Licensee shall pay all reasonable legal fees incurred by Licensor in enforcing Licensor's rights hereunder. To the extent allowed by laws, Licensor and Licensee waive trial by jury in any action.
Licensee Default. Any one or more of the following events shall constitute a default by LICENSEE (“LICENSEE Default”):
Licensee Default. If the Licensee is in default under this License and such default shall continue for ten (10) days after Licensor has notified the Licensee by written notice of such default (except in the case of a default which cannot be remedied within ten (10) days and where Licensee shall have commenced and shall be diligently pursuing all necessary action to remedy such default), the Licensor may, but shall not be obligated to, cure the default or elect to terminate this License by providing Licensee written notice as provided for herein. Termination under this Paragraph 12 shall only be effective as of the end of the then current school year. The remedies under the terms of this License are not intended to be exclusive of any other rights or remedies Licensee may have and shall be in addition to any other remedies, existing now or hereafter, at law, in equity or by statute.
Licensee Default. (a) The occurrence of any of the following events, conditions or circumstances shall constitute a “Licensee Default” under this Agreement:
Licensee Default. This Agreement shall, at the option of Owner in its sole discretion, cease and terminate upon written notice from Owner to Licensee, if any of the following occur: (a) Licensee fails to pay the License Fee or any other sums required by this Agreement when due; (b) Licensee violates or fails to perform any of the conditions, covenants or agreements of this Agreement (other than the payment of the License Fee or any other sums required by this Agreement), and any such violation or failure continues for a period of twenty (20) days after written notice thereof has been delivered by Owner to Licensee; or (c) Licensee abandons the Premises. Licensee shall remain liable to Owner for all costs, expenses and other damages (including reasonable attorneys’ fees and costs) arising from such violation or failure or incurred by Owner to defend or enforce its rights under this Agreement or applicable law.
Licensee Default. A “Licensee Default” shall occur if Licensee defaults in the performance of any material obligation herein and such default is not cured within fifteen (15) calendar days after receipt from Licensor of written notice of such default; provided that if: (i) such default cannot be cured with reasonable diligence during such fifteen (15) calendar day period; and (ii) Licensee takes reasonable steps during such fifteen (15) calendar days to cure of such default, then such default shall not constitute a Licensee Default. In the event Licensee is late making any of the payments as set forth in Section 2.2, and if cured within fifteen (15) calendar days as set forth above, Licensee is subject to a late fee of $1,000.
Licensee Default. If at any time during the term of this Agreement, Licensee defaults in the performance of any of its obligations hereunder, Licensor may terminate this Agreement upon giving thirty (30) days written notice to Licensee; provided, however, that Licensee may cure such default to Licensor’s reasonable satisfaction within said thirty (30) day period, and in the event of cure during such period, this Agreement shall continue in full force and effect.
Licensee Default. In the event that Licensee is in default of any provision of this Agreement and has failed to cure such default, Licensor may --- terminate this Agreement upon written notice to Licensee effective immediately.
