Termination for Failure to Make Payments. 1. By entering into this Agreement, you accept responsibility for timely and complete payment of the Monthly Service Fee and all other charges now and in the future. You further represent that you have the means to pay such fees and charges.
Termination for Failure to Make Payments. Either party may terminate this Agreement in the event that the other party fails or refuses to pay amounts due to such other party as and when due, which failure or refusal to pay is not cured within thirty (30) days after the other party gives written notice of non-payment to the defaulting party.
Termination for Failure to Make Payments. Without prejudice to the payment of interest on late payments set forth above, should Buyer fail to make any payment on or before the due date, Embraer shall have the right, at its sole discretion, to either (i) postpone, the relevant Aircraft Contractual Delivery Date; or (ii) terminate this Agreement in relation to the affected Aircraft in accordance with Article 20.3, if such failure shall not have been cured within **Material Redacted** Days after the date on which Embraer has issued a written notice to Buyer of such failure.
Termination for Failure to Make Payments. Gilead shall have the right to terminate the license granted to Company hereunder in the event of the failure of Company to make any payment specified in this Agreement when due in its entirety, which failure has continued for [***] days after written notice of the failure is provided to Company, except that Gilead shall have an immediate right of termination for failure to make the first Payment under Section 3.1 when due and payable or for failure to issue the Warrant as set forth in Section 3.1. Such termination shall be immediately effective upon the receipt by Company of written notice of termination from Gilead.
Termination for Failure to Make Payments. Aerogen shall have an immediate right of termination if MIA fails to make any of the initial payments set forth in Section 5.1 on the dates specified in Section 5.1 or fails to honor the initial purchase order provided to Aerogen pursuant to Section 4.1. Such termination shall be immediately effective upon the receipt by MIA of written notice of termination for any such failure. On the effective date of such termination, all of the rights and licenses granted by Aerogen to MIA pursuant to this Agreement shall immediately terminate.
Termination for Failure to Make Payments. Should Pacific Beach fail to make payment to Santee of royalties or other payments due in accordance with the terms of this Agreement which are not the subject of a bona fide dispute between Santee and Pacific Beach, Santee shall have the right to terminate this License Agreement within ninety (90) days after giving written notice of termination unless Pacific Beach shall pay to Santee, within the ninety (90) day period, all such royalties and other payments due and payable. In the event of a bona fide dispute over royalties or other payments, the parties shall resolve such dispute in accordance with Article 9. Subject to Article 9 and the immediately preceding sentence of this Section 10.3, upon the expiration of the ninety (90) day period, if Pacific Beach shall not have paid all such royalties and other payments due and payable, the rights, privileges and license granted hereunder shall, at the option of Santee, terminate upon written notice of Santee. If a dispute regarding termination is addressed according to Article 9, this license shall remain in full force and effect until such dispute is settled or determined in accordance with Article 9.
Termination for Failure to Make Payments. Should Carrier fail to pay IC all or any part of the compensation set forth in Article 4 of this agreement on the date due, IC, at IC’s option, may terminate this agreement if the failure is not remedied by Carrier within five days from the date payment is due.
Termination for Failure to Make Payments. In case of a late payment as per the terms and conditions contained in Article 4.2, Embraer shall grant Buyer a [*]. Such [*] period shall apply only to the [*]. Such [*] period shall under no circumstances apply to payments due pursuant to Article 4.1.4. If Buyer fails [*] to make any progress payment for any Aircraft when due, Embraer shall be entitled to exercise its termination right pursuant to this paragraph without waiting for the expiration of the above referenced [*] period. In the event Embraer does not receive any payment required by Articles 4.1.1 through 4.1.3 within [*] after Buyer receives written notice from Embraer of its failure to receive the payment, Embraer shall have the right to either (i) postpone, at its sole criteria, the relevant Aircraft's Contractual Delivery Date; or (ii) terminate this Agreement in relation to the affected Aircraft in accordance with Article 21.3. [*]
Termination for Failure to Make Payments. Should the Company fail to make payment to Shiva of any royalty or other payment due in accordance with the terms of this Agreement, Shiva shall have the right to terminate this Agreement within forty-five (45) days after giving written notice of termination unless the Company shall pay to Shiva, within the forty-five (45) day period, all such royalties and other payments due and payable. In the event of a bona fide dispute over royalties or other payments, the parties shall resolve such dispute in accordance with Article 9. Subject to Article 9 and the immediately preceding sentence of this Article 10.3, upon the expiration of the forty-five (45) day period, if the Company shall not have paid all such royalties and other payments due and payable, the rights, privileges and license granted hereunder shall, at the option of Shiva, terminate upon written notice of Shiva. If a dispute regarding termination is addressed according to Article 9, this Agreement shall remain in full force and effect until such dispute is settled or determined in accordance with Article 9. [*] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Termination for Failure to Make Payments. In case of a late payment as per the terms and conditions contained in Article 4.2, Embraer shall grant Buyer a [*]. Such [*] period shall under no circumstances apply to payments due pursuant to Article 4.1.4. If Buyer fails [*] to make any progress payment for any Aircraft when due, Embraer shall be entitled to exercise its termination right pursuant to this paragraph without waiting for the expiration of the above referenced [*] period. In the event Embraer does not receive any payment required by Articles 4.1.1 through 4.1.3 within [*] after Buyer receives written notice from Embraer of its failure to receive the payment, Embraer shall have the right to either (i) postpone, at its sole criteria, the relevant Aircrafts contractual Delivery Date; or (ii) terminate this Agreement in relation to the affected Aircraft in accordance with Article 21.3.
