Common use of SECOND CURE PERIOD Clause in Contracts

SECOND CURE PERIOD. If noncompliance with the Quality Standards continues beyond the Initial Cure Period, CESI and Catalytica shall each promptly appoint a representative to negotiate in good faith actions that may be necessary to correct such noncompliance. The parties shall have thirty (30) days following the expiration of the Initial Cure Period to agree on corrective actions, and CESI shall have thirty (30) 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: Master Trademark Ownership and License Agreement (Catalytica Energy Systems Inc)

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SECOND CURE PERIOD. If noncompliance with the Quality Standards continues beyond the Initial Cure Period, CESI and Catalytica shall each promptly appoint a representative to negotiate in good faith actions that may be necessary to correct such noncompliance. The parties shall have thirty twenty (3020) days following the expiration of the Initial Cure Period to agree on corrective actions, and CESI shall have thirty twenty (3020) 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: Trademark License Agreement (Catalytica Energy Systems Inc)

SECOND CURE PERIOD. If noncompliance with the Quality Standards Trademark Usage Guidelines continues beyond the Guideline Initial Cure Period, CESI and Catalytica shall each promptly appoint a representative to negotiate in good faith actions that may be necessary to correct such noncompliance. The parties shall have thirty twenty (3020) days following the expiration of the Guideline Initial Cure Period to agree on corrective actions, and CESI shall have thirty twenty (3020) 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 Guideline Cure Period").

Appears in 1 contract

Samples: Trademark License Agreement (Catalytica Energy Systems Inc)

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SECOND CURE PERIOD. If noncompliance with the Quality Standards Trademark Usage Guidelines continues beyond the Guideline Initial Cure Period, CESI and Catalytica shall each promptly appoint a representative to negotiate in good faith actions that may be necessary to correct such noncompliance. The parties shall have thirty (30) days following the expiration of the Guideline Initial Cure Period to agree on corrective actions, and CESI shall have thirty (30) 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 Guideline Cure Period").

Appears in 1 contract

Samples: Master Trademark Ownership and License Agreement (Catalytica Energy Systems Inc)

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