Licensee Violations Sample Clauses

Licensee Violations. If Licensee should: (a) fail to deliver to Licensor any statement or report required hereunder when due; (b) fail to make any payment at the time that the same should be due; (c) violate or fail to perform any covenant, condition, or undertaking of this Agreement to be performed by it hereunder; (d) cease Actively Commercializing Licensed Product(s); (e) fail to have a Sale of Licensed Product(s) within two (2) years after the Effective Date; or (f) file a bankruptcy action, or have a bankruptcy action against it, or become Insolvent; enter into a composition with creditors, or have a receiver appointed for it; then Licensor may give written notice of such default to Licensee. If Licensee should fail to cure such default within thirty (30) days of such notice, the rights, privileges, and license granted hereunder shall automatically terminate.
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Licensee Violations. DNASTAR retains the right to immediately terminate this Agreement if Licensee, in DNASTAR’s sole determination, materially breaches this Agreement. Upon such termination, Licensee shall return all copies of the Licensed Software, Documentation, and any other accompanying materials to DNASTAR and to uninstall and delete any and all installed copies of the Licensed Software from its devices.
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