Common use of Termination and Events of Default Clause in Contracts

Termination and Events of Default. 12.1 If Payor fails to pay any portion of the License Fee or make any other payment as required by this Agreement, within three (3) days after Payor and Licensee have received written notice from Licensor of such failure, then Licensor may immediately terminate this Agreement upon written notice to Licensee.

Appears in 4 contracts

Samples: Intellectual Property License Agreement (J Crew Group Inc), Credit Agreement (J Crew Group Inc), Credit Agreement (J Crew Group Inc)

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Termination and Events of Default. 12.1 28.1 If Payor fails to pay any portion of the License Fee or make any other payment as required by this Agreement, within three (3) days after Payor and Licensee have received written notice from Licensor of such failure, then Licensor may immediately terminate this Agreement upon written notice to Licensee.

Appears in 1 contract

Samples: Credit Agreement (J Crew Group Inc)

Termination and Events of Default. 12.1 If Payor Licensee fails to pay any portion of the License Fee or make any other payment as required by this Agreement, Agreement within three ten (310) days after Payor and Licensee have has received written notice from Licensor of such failure, then Licensor may immediately terminate this Agreement upon written notice to Licensee.

Appears in 1 contract

Samples: Intercompany License Agreement (Amc Entertainment Holdings, Inc.)

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Termination and Events of Default. 12.1 If 12.1If Payor fails to pay any portion of the License Fee or make any other payment as required by this Agreement, within three (3) days after Payor and Licensee have received written notice from Licensor of such failure, then Licensor may immediately terminate this Agreement upon written notice to Licensee.

Appears in 1 contract

Samples: Intellectual Property License Agreement

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