Common use of Termination for a Material Breach Clause in Contracts

Termination for a Material Breach. Each Party shall notify the breaching Party of a material breach of this Agreement in writing with a detailed description of the breach. The breaching Party shall have sixty (60) days from the receipt of such notice to use all reasonable means to cure this alleged material breach and to notify the non-breaching Party in writing that a cure has been effected. If the material breach is not cured within the sixty (60)-day period, the non-breaching Party shall have the right to terminate the Agreement with a written notice. Termination of this Agreement is effective immediately by the date of delivery of such a notice. The obligation of the Parties to also remedy any other breach shall not be affected by this provision.

Appears in 9 contracts

Samples: License Agreement, License Agreement, License Agreement

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Termination for a Material Breach. Each Party shall notify the breaching Party of a material breach of this Agreement in writing with a detailed description of the breach. The breaching Party shall have sixty (60) days from the receipt of such notice to use all reasonable means to cure this alleged material breach and to notify the non-breaching Party in writing that a cure has been effected. If the material breach is not cured within the sixty (60)-day period, the non-breaching Party shall have the right to terminate the Agreement Agreement, entirely or partially with respect to a certain Participating Institutions if the material breach arose only due to this particular Participating Institution with a written notice. Termination of this Agreement is effective immediately by the date of delivery of such a notice. The obligation of the Parties to also remedy any other breach shall not be affected by this provision.

Appears in 7 contracts

Samples: License Agreement, License Agreement, License Agreement

Termination for a Material Breach. Each Party shall notify the breaching Party of a material breach of this Agreement in writing with a detailed description of the breach. The breaching Party shall have sixty thirty (6030) days from the receipt of such notice to use all reasonable means to cure this alleged material breach and to notify the non-breaching Party in writing that a cure has been effected. If the material breach is not cured within the sixty thirty (60)-day 30)-day period, the non-breaching Party shall have the right to terminate the Agreement with a written notice. Termination of this Agreement is effective immediately by on the date of delivery of such a notice. The obligation of the Parties to also remedy any other breach shall not be affected by this provision.

Appears in 3 contracts

Samples: License Agreement, License Agreement, License Agreement

Termination for a Material Breach. Each Party shall notify the breaching Party of a material breach of this Agreement in writing with a detailed description of the breach. The breaching Party shall have sixty thirty (6030) days from the receipt of such notice to use all reasonable means to cure this alleged material breach and to notify the non-breaching Party in writing that a cure has been effected. If the material breach is not cured within the sixty thirty (60)-day 30)-day period, the non-breaching Party shall have the right to terminate the Agreement with a written notice. Termination of this Agreement is effective immediately by the date of delivery of such a notice. The obligation of the Parties to also remedy any other breach shall not be affected by this provision.

Appears in 1 contract

Samples: License Agreement

Termination for a Material Breach. Each Party shall notify the breaching Party of a material breach of this Agreement in writing with a detailed description of the breach. The breaching Party shall have sixty (60) days from the receipt of such notice to use all reasonable means to cure this alleged material breach and to notify the non-non- breaching Party in writing that a cure has been effected. If the material breach is not cured within the sixty (60)-day period, the non-breaching Party shall have the right to terminate the this Agreement with a written notice, however, if such material breach would concern or relate merely a certain Participating Institution or Participating Institutions, the Distributor has the right to terminate this Agreement only partially with respect to this or these Participating Institutions. Termination of this Agreement is effective immediately by the date of delivery of such a notice. The obligation of the Parties to also remedy any other breach shall not be affected by this provision.

Appears in 1 contract

Samples: License Agreement

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Termination for a Material Breach. Each Party shall notify the breaching Party of a material breach of this Agreement in writing with a detailed description of the breach. The breaching Party shall have sixty (60) days from the receipt of such notice to use all reasonable means to cure this alleged material breach and to notify the non-breaching Party in writing that a cure has been effectedaffected. If the material breach is not cured within the sixty (60)-day period, the non-breaching Party shall have the right to terminate the Agreement with a written notice. Termination of this Agreement is effective immediately by the date of delivery of such a notice. The obligation of the Parties to also remedy any other breach shall not be affected by this provision.

Appears in 1 contract

Samples: License Agreement

Termination for a Material Breach. Each Party shall notify the breaching Party of a material breach of this Agreement in writing with a detailed description of the breach. The breaching Party shall have sixty thirty (6030) days from the receipt of such notice to use all reasonable means to cure this alleged material breach and to notify the non-breaching Party in writing that a cure has been effected. If the material breach is not cured within the sixty thirty (60)-day 30)-day period, the non-breaching Party shall have the right to terminate the this Agreement with a written notice. Termination of this Agreement is effective immediately by the date of delivery of such a notice. The obligation of the Parties to also remedy any other breach shall not be affected by this provision.

Appears in 1 contract

Samples: License Agreement

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