Common use of Notice of Defaults/Right to Cure Clause in Contracts

Notice of Defaults/Right to Cure. The party aggrieved by an Incident of Default hereunder shall declare a default hereunder by delivering a written Notice of Default to the other party (and its surety, if applicable), which Notice shall specify the Incident(s) of Default asserted and a specific cure therefore. After the effective date of such Notice, the time periods for cure shall be:

Appears in 4 contracts

Samples: License and Use Agreement, License and Use Agreement, License and Use Agreement

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