Common use of Termination for Default Clause in Contracts

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 12 contracts

Samples: License Agreement (Microbot Medical Inc.), Non Exclusive License Agreement (RXi Pharmaceuticals Corp), Non Exclusive License Agreement (RXi Pharmaceuticals Corp)

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Termination for Default. In the event that either party Party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty thirty (6030) days after receiving written notice thereof, the other party Party may terminate this Agreement immediately upon written notice to the party Party in breach.

Appears in 7 contracts

Samples: Non Exclusive License Agreement (Northann Corp.), Non Exclusive License Agreement (Northann Corp.), Non Exclusive License Agreement (Northann Corp.)

Termination for Default. In Either party may terminate this Agreement or any Order or SOW by written notice if the event that either other party commits a material breach of its obligations under this Agreement or the applicable Order or SOW and fails to cure that such breach within sixty thirty (6030) days after receiving written notice thereofreceipt of such notice, or an additional period of time as agreed to by the other party may terminate this Agreement immediately upon written notice to the party in breachparties.

Appears in 7 contracts

Samples: Agreement, Master Subscription Agreement, Subscription and Services Agreement

Termination for Default. In the event that If either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach. If the alleged breach involves nonpayment of any amounts due University under this Agreement, Licensee has only thirty (30) days to cure that material breach for which it receives notice as described above.

Appears in 5 contracts

Samples: Non Exclusive License Agreement, Non Exclusive License Agreement, Non Exclusive License Agreement

Termination for Default. In the event that either party commits of a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereofexcluding any breaches for which an exclusive remedy is expressly provided), the other non-breaching party may terminate this Agreement immediately upon if such breach is not cured within thirty (30) days after written notice to the party in breachthereof.

Appears in 4 contracts

Samples: Managed Pki for SSL Services Agreement, Geotrust Enterprise Security Center Agreement, Geotrust Enterprise SSL Program Agreement

Termination for Default. In Either Party may, by giving written notice to the event that either party other Party identifying the basis for such notice, terminate this Agreement as of the date specified in the notice of termination, if such other Party commits a material breach of its obligations under this Agreement and fails to cure that Agreement, which breach is not cured within sixty thirty (6030) days after receiving receipt from the non-breaching Party of written notice thereof, of the other party may terminate this Agreement immediately upon written notice to breach specifying in reasonable detail the party in nature of the breach.

Appears in 4 contracts

Samples: Transition Services Agreement, Transition Services Agreement (Halyard Health, Inc.), Transition Services Agreement (Halyard Health, Inc.)

Termination for Default. In the event that either party Party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty thirty (6030) days after receiving a written notice thereofdemand to cure from the non-breaching Party, the other party non-breaching Party may cease performance under and/or terminate this Agreement immediately upon written notice to the party in breachbreaching Party.

Appears in 4 contracts

Samples: Research Collaboration Agreement, Research Collaboration Agreement, Research Collaboration Agreement

Termination for Default. In Either party shall be entitled to terminate this Agreement in the event that either of a failure by the other party commits a material breach to perform any of its material obligations under this Agreement and fails to cure that if such breach is not cured within sixty thirty (6030) days after receiving written receipt of notice thereof, thereof from the other non-defaulting party may terminate this Agreement immediately upon written notice to the party in breach.or within ten

Appears in 3 contracts

Samples: Photo Enforcement Services Agreement, Photo Enforcement Services Agreement, Photo Enforcement Services Agreement

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach. For the avoidance of doubt, it is expressly agreed that breach of a payment obligation under the Agreement by the Company shall be deemed to be a material breach of this Agreement and subject to the foregoing provisions.

Appears in 3 contracts

Samples: License and Research Funding Agreement, License and Research Funding Agreement (Online Disruptive Technologies, Inc.), License and Research Funding Agreement (Online Disruptive Technologies, Inc.)

Termination for Default. In the event that If either party commits a material breach breaches this Agreement or becomes in default of any of its obligations under this Agreement provisions in any material respect, and fails to cure that such breach or default shall not have been corrected within sixty thirty (6030) days after receiving of receipt of written or email notice thereofof such breach or default, then the other party may not in default shall be entitled to terminate this Agreement immediately upon written notice to the party in breachother party.

Appears in 3 contracts

Samples: Product Manufacturing Agreement, Product Manufacturing Agreement (Super Micro Computer, Inc.), Product Manufacturing Agreement (Super Micro Computer, Inc.)

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other Either party may terminate this Agreement immediately upon in the event of a material breach by the other party of any provision of this Agreement, which breach is not cured within fifteen (15) days after the defaulting party receives written notice to of the party in breachdefault.

Appears in 3 contracts

Samples: Uniform Member Agreement, Uniform Member Agreement, Uniform Member Agreement (Golden Growers Cooperative)

Termination for Default. In the event that either party Party commits a material breach of its obligations under this Agreement and such party fails to cure that such breach within sixty one hundred and twenty (60120) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 3 contracts

Samples: License Agreement (Therapix Biosciences Ltd.), License Agreement (Therapix Biosciences Ltd.), License Agreement (Therapix Biosciences Ltd.)

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty thirty (6030) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach. For the avoidance of doubt, it is expressly agreed that breach of a payment obligation under the Agreement by the Company shall be deemed to be a material breach of this Agreement and subject to the foregoing provisions.

Appears in 2 contracts

Samples: License Agreement, License and Research Funding Agreement (Biolabmart Inc.)

Termination for Default. In Either Party may terminate this Agreement or Order in the event that either the other party commits breaches a material breach term of its obligations under this Agreement or an Order placed in furtherance of this Agreement and fails to cure that the breach within sixty (60) 30 days after of receiving written notice thereof, from the other party may terminate this Agreement immediately upon written notice to the party in breachParty.

Appears in 2 contracts

Samples: Dealer Agreement, Dealer Agreement

Termination for Default. In the event that either a party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty thirty (6030) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 2 contracts

Samples: Research Funding Agreement, Research Funding Agreement

Termination for Default. In the event that If either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 2 contracts

Samples: Research Collaboration Agreement (Mfic Corp), Research Collaboration Agreement (Mfic Corp)

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breachother party.

Appears in 2 contracts

Samples: License Agreement (Metabolic Research, Inc.), License Agreement (Datastand Technologies Inc)

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other Either party may terminate this Agreement immediately upon Thirty (30) days prior written notice to in the event of a material breach by the other party in breachif such breach remains uncured at the expiration of such notice period.

Appears in 2 contracts

Samples: Master Subscription Agreement, Master Subscription Agreement

Termination for Default. 10.2.3.1 In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty thirty (6030) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 2 contracts

Samples: License Agreement (Nano-Textile Ltd.), License Agreement (Nano-Textile Ltd.)

Termination for Default. 12.2.3.1 In the event that either party commits a material breach of its obligations under this Agreement and such party fails to cure that such breach within sixty thirty (6030) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 2 contracts

Samples: Research and License Agreement (Eloxx Pharmaceuticals, Inc.), Research and License Agreement (Eloxx Pharmaceuticals, Inc.)

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other Either party may terminate this Agreement immediately upon written a breach or default of this Agreement by the other party, which is not cured within thirty (30) days after receipt by the defaulting party of a notice to from the party in breachnon-defaulting party, specifying the nature of such breach or default.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Termination for Default. In the event that If either party commits a material breach defaults in the performance of this agreement or materially breaches any of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereofprovisions, the other non-breaching party may terminate this Agreement immediately upon agreement by giving written notice notification to the breaching party. Termination will take effect immediately on receipt of notice by the breaching party in breach.or five days after mailing of notice, whichever occurs first. For the purposes of this paragraph, material breach of this agreement includes, but is not limited to, the following:

Appears in 2 contracts

Samples: Contract for Services, Contract for Services

Termination for Default. In the event that If either party commits a material breach of its obligations under fails to perform in the manner called for in this Agreement and or fails to cure that breach within sixty comply with any other provisions of the Agreement, after providing the breaching party with a fifteen (6015) days after receiving day written notice thereofand opportunity to cure and the breach has not been entirely cured, the other party may immediately terminate this Agreement immediately upon written for default. Termination shall be affected by serving a notice to of termination on CONTRACTOR setting forth the party manner in breachwhich CONTRACTOR is in default.

Appears in 2 contracts

Samples: Goods Purchase Agreement, Goods Purchase Agreement

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereofof the existence of such breach, the other non-breaching party may terminate this Agreement immediately upon written notice to the party in breachbreaching party.

Appears in 2 contracts

Samples: Patent and Copyright License Agreement, Patent and Copyright License Agreement

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty thirty (6030) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 2 contracts

Samples: Exclusive License Agreement (Neuraxis, INC), Option Agreement for a Non Exclusive License (Si Diamond Technology Inc)

Termination for Default. In the event that either party commits a of any material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereofby either party hereto, the other party may (without waiving any other remedies or rights under this Agreement, in law or in equity) terminate this Agreement immediately upon by giving five (5) days prior written notice to notice; provided, however, that this Agreement shall not terminate if the party in breachbreach has cured the breach of which it has been notified prior to the expiration of said five days.

Appears in 2 contracts

Samples: Consulting Agreement, Consulting Agreement (Travelzoo)

Termination for Default. In Either party may immediately terminate this Agreement by notice in writing to the event that either other if the other party commits a material breach has materially breached any of its obligations under this Agreement and fails to cure and: a that breach within sixty (60) days after receiving written notice thereof, is not capable or remedy; or b the other party may terminate this Agreement immediately upon fails to remedy the breach within 30 days after written notice from the non-defaulting party specifying the breach and requiring it to the party in breachbe remedied.

Appears in 2 contracts

Samples: General Terms and Conditions, General Terms of Service

Termination for Default. 11.2.2.1. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty ninety (6090) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 2 contracts

Samples: License Agreement (Raindance Technologies Inc), License Agreement (Raindance Technologies Inc)

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty ninety (6090) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 1 contract

Samples: Intellectual Property License Agreement (Immune Therapeutics, Inc.)

Termination for Default. In the event that either party Party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party Party may terminate this Agreement effective immediately upon written notice to the party Party in breach.

Appears in 1 contract

Samples: Compound Discovery Collaboration Agreement (Genome Therapeutics Corp)

Termination for Default. In the event that If either party commits a material breach of its obligations (specifically including nonpayment of any amounts due to University) under this Agreement and fails to cure that breach within sixty ten (6010) days after receiving written notice thereofnotice, the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 1 contract

Samples: Option Agreement (Amarantus Bioscience Holdings, Inc.)

Termination for Default. In the event that either party commits of a material breach of its obligations under this Agreement, the non-breaching party may terminate the Agreement and fails to cure that or any Order (excluding any breaches for which an exclusive remedy is expressly provided), as applicable, if such breach is not cured within sixty thirty (6030) days after receiving written notice thereof, thereof provided by the other party may terminate this Agreement immediately upon written notice to the party in breachnon-breaching party.

Appears in 1 contract

Samples: Master Distribution Partner Agreement

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Termination for Default. In Either Party may terminate this Agreement upon written notice to the event that either party commits a other Party if the other Party breaches any material breach of its obligations obligation under this Agreement and fails to cure that such breach within sixty thirty (6030) days after receiving written notice thereof, of the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 1 contract

Samples: Time of Use Base Interruptible Program Aggregator Agreement

Termination for Default. In the event that either party commits a ----------------------- material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach. If an alleged breach involves nonpayment of any amounts due Institution under this Agreement, the sixty-day notice period shall be reduced to a fifteen-day notice period after the first such breach.

Appears in 1 contract

Samples: Sponsored Research Agreement (Compumed Inc)

Termination for Default. In the event that either ----------------------- party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach. If an alleged breach involves nonpayment of any amounts due Institution under this Agreement, the sixty-day notice period shall be reduced to a fifteen-day notice period after the first such breach.

Appears in 1 contract

Samples: Exclusive License Agreement (Compumed Inc)

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement (including failure by the LICENSEE to make any amounts due under this Agreement) and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach.

Appears in 1 contract

Samples: License Agreement (Gatc Health Corp)

Termination for Default. In ‌ Either party may end this agreement immediately by written notice if: (a) the event that either other party commits fails to remedy a material breach despite receiving 30 days written notice of its obligations under this Agreement and fails to cure that breach within sixty default. (60b) days after receiving written notice thereof, if the other party may terminate this Agreement immediately upon written notice to is wound up or placed under official management, or stops trading or commits an act of bankruptcy; or (c) if judgement is entered against the other party in breachfor more than $20,000.00, which remains unsatisfied or unappealed for more than 21 days.

Appears in 1 contract

Samples: Master Services Agreement

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party Any Party may terminate this Agreement immediately upon for cause by written notice to in the party in breachevent another Party breaches this Agreement and does not cure the breach within 30 days of written notice.

Appears in 1 contract

Samples: Inter Institutional Agreement

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party Either Party may terminate this Agreement immediately upon written notice to the party other Party of any breach of or default in any of the terms or conditions of this Agreement by a Party (the “Defaulting Party”) and the Defaulting Party’s failure to remedy such default or breach within thirty (30) days after receipt of the written notice of breach. Termination pursuant to this Section shall be effective on the thirty-first (31st) day after receipt of notice by the Defaulting Party.

Appears in 1 contract

Samples: Mips Agreement

Termination for Default. In The Agreement may be terminated by written notice for breach by the event that either non-breaching party, including if such party commits reasonably believes this Agreement is in violation of any Applicable Law, rule or regulation, if the party breaching a material breach term of its obligations under this the Agreement and or violating such Applicable Law, rule or regulation, fails to cure that such breach within sixty (60) 30 days after receiving following written notice thereof, from the other non-breaching party may terminate this Agreement immediately upon written notice to specifying in reasonable detail the party in nature of such breach.

Appears in 1 contract

Samples: General Terms and Conditions

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) [ ]* days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written [ ]* notice to the party in breach.

Appears in 1 contract

Samples: Research Collaboration and License Agreement (Cubist Pharmaceuticals Inc)

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party Either Party may terminate this Agreement immediately upon Thirty (30) days prior written notice to in the party in breachevent of a material breach by the other Party if such breach remains uncured at the expiration of such notice period.

Appears in 1 contract

Samples: Master Subscription Agreement

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement LICENSE AGREEMENT and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party may initiate executive discussions regarding resolution of the breach. If these good-faith discussions fail to yield a resolution of the breach within another sixty (60) day period, the other party may terminate this Agreement immediately LICENSE AGREEMENT upon written notice to the party in breach.

Appears in 1 contract

Samples: License Agreement (Avant Immunotherapeutics Inc)

Termination for Default. In the event that either party Party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty ninety (6090) days after receiving written notice thereofthereof from the non-breaching Party, the other party non-breaching Party may terminate this Agreement immediately upon written notice to the party Party in breach.

Appears in 1 contract

Samples: Technology License Agreement (Petroteq Energy Inc.)

Termination for Default. In Any Party may terminate this Agreement in the event that either party another Party commits a material breach of its representations, warranties or obligations under this Agreement and fails to cure that such breach within within: (a) thirty (30) days after receiving written notice thereof if such breach is a breach of a payment obligation or (b) sixty (60) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breachthereof if such breach is not a breach of a payment obligation.

Appears in 1 contract

Samples: Settlement and License Agreement (Avista Healthcare Public Acquisition Corp.)

Termination for Default. In the event that either Either party commits a material breach of may, at its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereofoption, the other party may terminate this Agreement immediately effective upon written notice to the other party if the other party has breached any provision of this Agreement and has failed to cure the breach within thirty (30) days of notice of the breach, unless such breach is a breach of Section 8.2 hereof, in breachwhich case termination shall be immediate if the breach can not be cured.

Appears in 1 contract

Samples: Distribution and Marketing Agreement (Vistula Communications Services Inc)

Termination for Default. In the event that either party commits a material breach of its obligations obligation under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach. If the alleged breach involves non payment of any undisputed amounts due SJCRH under this Agreement, Company shall pay [***] until the undisputed amount is paid in full.

Appears in 1 contract

Samples: License Agreement (Aviron)

Termination for Default. In the event that If either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty thirty (6030) days after receiving written notice thereofnotice, the other party may terminate this Agreement immediately upon written notice to the party in breach. For the avoidance of doubt, non-payment of the amounts due under this Agreement from Company to University shall be a material breach.

Appears in 1 contract

Samples: Option Agreement (Amarantus Bioscience Holdings, Inc.)

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach (where the breach is capable of cure) within sixty (60) days after receiving written notice thereof, the other non-breaching party may terminate this Agreement immediately upon written notice to the party in breachnotice.

Appears in 1 contract

Samples: License Agreement (Traceguard Technologies, Inc.)

Termination for Default. In the event that either party commits a material breach of its obligations under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party Either Party may terminate this Agreement immediately upon written notice if the other Party has breached any of its material obligations and has not cured (or begun taking diligent action to cure) the party in breachbreach within 30 days following written notice of breach from the other Party.

Appears in 1 contract

Samples: Mutual Emergency Restoration and Joint Use Agreement

Termination for Default. In the event that either party commits a material breach of its obligations obligation under this Agreement and fails to cure that breach within sixty (60) days after receiving written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in breach, subject to Section 9.

Appears in 1 contract

Samples: License Agreement (Zymogenetics Inc)

Termination for Default. In Either party may terminate this Agreement if the event that either party other commits a material breach of its their respective obligations under this Agreement Contract and fails to cure that correct such breach within sixty thirty (6030) days after receiving delivery of written notice thereof, the other party may terminate this Agreement immediately upon written notice to the party in of such breach.

Appears in 1 contract

Samples: Contract for Services

Termination for Default. In Either party may, at its option, terminate this Agreement upon notice to the event that either other party commits a material breach if the other party has materially breached any provision of its obligations under this Agreement and fails has failed to cure that said breach within sixty fifteen (6015) days after receiving of written notice thereof, specifying the other party may terminate this Agreement immediately upon written notice to the party breach in breachreasonable detail.

Appears in 1 contract

Samples: Consulting Agreement (Vistula Communications Services, Inc.)

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