Common use of Notice to Distributor Clause in Contracts

Notice to Distributor. Licensor will give Distributor Notice of any claimed default. If the default is capable of cure then Distributor will have ten (10) days after receipt of Licensor's Notice to cure a monetary default, and twenty (20) days after receipt to cure a non-monetary default. If the default is incapable of cure, or if Distributor fails to cure within the times provided, then Licensor may proceed against Distributor for available relief, including terminating this Agreement retroactive to the date of default, suspending Delivery of the Picture and declaring all unpaid amounts due Licensor immediately due and payable.

Notice to Distributor. Licensor will give Distributor Notice of any claimed default. If the default is capable of cure cure, then Distributor will have ten fourteen (1014) days after receipt of Licensor's ’s Notice to cure a monetary default, and twenty twenty-one (2021) days after receipt of Licensor’s Notice to cure a non-monetary default. If the default is incapable of cure, or if Distributor fails to cure within the times time provided, then Licensor may proceed against Distributor for available relief, including terminating canceling this Agreement retroactive to the date of default, suspending Delivery of the affected Picture (or for all Pictures), and declaring all unpaid amounts due Licensor under this Agreement immediately due and payable.

Notice to Distributor. Licensor will give Distributor Notice of any claimed default. If the default is capable of cure then Distributor will have ten fourteen (1014) days after receipt of Licensor's ’s Notice to cure a monetary default, and twenty twenty-one (2021) days after receipt to cure a non-monetary default. If the default is incapable of cure, or if Distributor fails to cure within the times time provided, then Licensor may proceed against Distributor for available relief, including terminating canceling this Agreement retroactive to the date of default, suspending Delivery of the affected Picture (or for all Pictures), and declaring all unpaid amounts due Licensor immediately due and payable.