Common use of SECOND CURE PERIOD Clause in Contracts

SECOND CURE PERIOD. If the noncompliance with the Quality Standards continues beyond the Initial Cure Period, Keysight and Agilent shall each promptly appoint a representative to negotiate in good faith actions that may be necessary to correct such noncompliance. The parties shall have fifteen (15) calendar days following the expiration of the Initial Cure Period to agree on corrective actions, and Keysight shall have fifteen (15) calendar days from the date of an agreement of corrective actions to implement such corrective actions and cure or cause the cure of such noncompliance (“Second Cure Period”).

Appears in 5 contracts

Samples: Intellectual Property Matters Agreement (Keysight Technologies, Inc.), Trademark License Agreement (Keysight Technologies, Inc.), Trademark License Agreement (Agilent Technologies Inc)

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SECOND CURE PERIOD. If the said noncompliance with the Quality Standards continues beyond the Initial Cure Period, Keysight BUYER and Agilent shall each promptly appoint a representative to negotiate in good faith actions that may be necessary to correct such noncompliance. The parties shall have fifteen five (155) calendar days following the expiration of the Initial Cure Period to agree on corrective actions, and Keysight BUYER shall have fifteen five (155) calendar days from the date of an agreement of corrective actions to implement such corrective actions and cure or cause the cure of such noncompliance (“Second Cure Period”).

Appears in 1 contract

Samples: Asset Purchase Agreement (Ixia)

SECOND CURE PERIOD. If the said noncompliance with the Quality Standards continues beyond the Initial Cure Period, Keysight Purchaser and Agilent Seller shall each promptly appoint a representative to negotiate in good faith actions that may be necessary to correct such noncompliance. The parties shall have fifteen (15) calendar days following the expiration of the Initial Cure Period to agree on corrective actions, and Keysight Purchaser shall have fifteen (15) calendar days from the date of an agreement of corrective actions to implement such corrective actions and cure or cause the cure of such noncompliance ("Second Cure Period").

Appears in 1 contract

Samples: Asset Purchase Agreement (Agilent Technologies Inc)

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SECOND CURE PERIOD. If the said noncompliance with the Quality Standards continues beyond the Initial Cure Period, Keysight Purchaser and Agilent Seller shall each promptly appoint a representative to negotiate in good faith actions that may be necessary to correct such noncompliance. The parties shall have fifteen (15) calendar days following the expiration of the Initial Cure Period to agree on corrective actions, and Keysight Purchaser shall have fifteen (15) calendar days from the date of an agreement of corrective actions to implement such corrective actions and cure or cause the cure of such noncompliance (“Second Cure Period”).

Appears in 1 contract

Samples: Asset Purchase Agreement (Agilent Technologies Inc)

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