Notice of Termination and Cure Periods. Upon the occurrence of an event of default that entitles Authority to terminate this Agreement, and notwithstanding any provision to the contrary, Authority may terminate this Agreement only if Authority notifies every known Leasehold Mortgagee that Authority intends to terminate this Agreement as a result of an event of default, such notice to be not less than thirty (30) days prior to the proposed effective date of such termination. The Leasehold Mortgagee may perform the obligations of Company as described in Section.09 below if, during such thirty (30) day termination notice period, the Leasehold Mortgagee will:
Notice of Termination and Cure Periods. If LICENSEE breaches any material term or condition of this AGREEMENT, LICENSOR shall have the right to terminate this AGREEMENT upon thirty (30) days written notice, provided that LICENSEE fails to cure such breach during the thirty (30) day period. If LICENSEE is working in good faith to cure such breach and needs additional time in which to do so, then LICENSEE may request in writing to LICENSOR (at LICENSOR'S sole discretion) an additional period of time not to exceed thirty (30) days in which to effect the cure. Such termination shall be effective upon the expiration of such thirty day period without further notice to LICENSEE being required. LICENSOR'S failure to terminate this AGREEMENT for any such breach shall not be construed as a waiver or acquiescence, and LICENSOR expressly reserves the right to subsequently terminate this AGREEMENT for the same or any other breach, whether of the same or different character.
