Common use of Licensee's Right of Termination Clause in Contracts

Licensee's Right of Termination. Licensee shall have the right, subject to Licensor’s right to cure set forth herein, to terminate the Term if Licensor sells, distributes or authorizes others to sell Licensed Products in violation of Licensee’s exclusive rights hereunder, by giving written notice to Licensor specifying the default. Licensor shall have ninety (90) days from receipt of such written notice to cure the alleged default. If Licensor is unable to cure within the time frame set forth above for the default in question, the Term shall terminate upon Licensee’s further written notice of termination to Licensor.

Appears in 5 contracts

Samples: Licensing Agreement, Licensing Agreement, Licensing Agreement

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Licensee's Right of Termination. Licensee shall have the right, subject to Licensor’s 's right to cure set forth herein, to terminate the Term if Licensor sells, distributes or authorizes others to sell Licensed Products in violation of Licensee’s 's exclusive rights hereunder, by giving written notice to Licensor specifying the default. Licensor shall have ninety (90) days from receipt of such written notice to cure the alleged default. If Licensor is unable to cure within the time frame set forth above for the default in question, the Term shall terminate upon Licensee’s 's further written notice of termination to Licensor.

Appears in 1 contract

Samples: License Agreement (Warnaco Group Inc /De/)

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