No Cure Period. No cure period shall apply for any other event of default specified in Section 20.1.
No Cure Period. In addition to any other termination rights which -------------- Licensor has under this Agreement, Licensor shall have the right to terminate this Agreement by giving written notice to Licensee, if Licensee (i) manufactures, sells, distributes, advertises, or promotes any Licensed Products without having obtained all required approvals of Licensor as provided herein; (ii) asserts any ownership or proprietary interest in the Trademarks, or contests Licensor's ownership rights therein; (iii) breaches any of the provisions of this Agreement prohibiting Licensee from assigning, transferring or sublicensing this Agreement or any of its rights or obligations hereunder; (iv) or any guarantor of Licensee's obligations hereunder files a voluntary petition under the Federal Bankruptcy Code, or is subject to the filing of an involuntary petition under the Federal Bankruptcy Code which is not dismissed within thirty (30) days, or is declared insolvent, or makes an assignment for the benefit of creditors, or dissolves, is liquidated or otherwise discontinues its business, or suffers a custodian, trustee or receiver to be appointed for it or for it's business, which is not released or discharged within thirty (30) days, or if substantially all of its assets or Licensee's interest in this Agreement is subjected to any writ of attachment, execution, garnishment or other legal process which is not released within thirty (30) days; (v) fails to begin distributing substantial quantities of Licensed Products by the Initial Marketing Date set forth in the Basic Provisions; or (vi) sells or distributes any Licensed Products outside of the Territory or outside of the approved distribution channels set forth in the Basic Provisions.
No Cure Period. No cure period will be available, and BRCB may terminate this Agreement, (1) if Franchisee is in default under or breaches its covenants or obligations under Sections 5.2 (proprietary information) or 6.3 (noncompetition and nonsolicitation) of this Agreement; (2) if Franchisee abandons the Coffee Bar; (3) if Franchisee commits an act of fraud with respect to its rights or obligations under this Agreement; (4) if Franchisee’s lease for the Premises of the Coffee Bar is terminated; (5) if Franchisee repeatedly fails to comply with the provisions of this Agreement, whether or not subsequently cured; (6) if Franchisee, having twice previously cured a default or breach of this Agreement, commits the same breach or default again; or (7) in the case of an Insolvency Event.
No Cure Period. Except as otherwise provided by applicable law, DEVELOPER shall be deemed to be in default under this Agreement, and this Agreement and all rights granted herein shall automatically terminate without opportunity to cure and without notice by FRANCHISOR to DEVELOPER, in the event that DEVELOPER files any petition in bankruptcy, voluntary or involuntary.
No Cure Period. The Borrower’s failure to comply with any requirement of Section 7.1 hereof shall, in each case, constitute an immediate Event of Default and, for the avoidance of doubt, no Credit Party shall be entitled to any grace or cure period for such breach or non-compliance which may be provided for in any Loan Paper.
No Cure Period. No cure period shall be available if DEALER is in default of SOT, fraud, failure to obey all laws, and unauthorized succession or transfer of the Agreement. In addition, no cure period shall be available for any default if DEALER has received successive notices of defaults for the same or a substantially similar default (whether or not the DEALER has cured the same) within the immediately preceding twelve (12) month period. MANUFACTURER may immediately terminate the Agreement without any opportunity to cure for these defaults.
No Cure Period. The cure periods in Articles 20.1(b) and 20.3 do not apply to failure to maintain the insurance required by this Lease. If either party fails to maintain the insurance required of that party under the Lease, then the other may immediately obtain such insurance and the defaulting party shall on demand pay the non-defaulting party the cost of such insurance.
No Cure Period. Solely with respect to the Additional Tranche B Term Loans and any Incremental Term Loans, no Cure Period shall be in effect on such date. Each borrowing by and issuance of a Letter of Credit on behalf of the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such extension of credit that the conditions contained in this Section 5.2 have been satisfied.
No Cure Period. No cure period shall apply for any other event of default specified in Paragraph 15.1.
No Cure Period. No cure period is required, except as may be otherwise provided in this Agreement, if:
(A) This Agreement sets forth specific deadline dates for the obligation allegedly breached, and
(B) The Breach is a willful breach of an obligation of the Breaching Party.
