Termination for Material Breach. A Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party in the event of any material breach by such other Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detail.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Aimmune Therapeutics, Inc.), Strategic Collaboration Agreement (Aimmune Therapeutics, Inc.), Strategic Collaboration Agreement (Aimmune Therapeutics, Inc.)
Termination for Material Breach. A Party Each party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of with immediate effect on giving written notice to the other Party in party if the event of other party breaches any material breach by such other Party provision of the terms and conditions of this Agreement, provided and that such material breach has is either not been cured capable of being remedied, or the party fails to remedy within sixty fifteen (6015) calendar days after receiving written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detailsuch breach.
Appears in 4 contracts
Samples: Cloud Protect Starter Subscription License and Services Agreement, Cloud Protect Starter Subscription License and Services Agreement, Cloud Protect Starter Subscription License and Services Agreement
Termination for Material Breach. A In the event that a Party has materially breached or defaulted in the performance of any of its obligations hereunder, and if such default is not corrected within sixty (60) days after receiving written notice from the other Party with respect thereto, such other Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of by giving written notice to the other Party in the event of any material breach by such other Party of this Agreement, breaching Party; provided that the time period for providing such notice of termination shall be extended for so long as the breaching Party is engaged in good faith efforts to cure such breach has not been cured within sixty (60) calendar days after written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detailor default.
Appears in 4 contracts
Samples: License Agreement (Portage Biotech Inc.), License Agreement (Agenus Inc), License Agreement (Agenus Inc)
Termination for Material Breach. A Either Party shall have the right be entitled to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the event that the other Party in the event of any commits a material breach by of this Agreement and such other Party of this Agreement, provided that fails to cure such breach has not been cured within sixty ninety (6090) calendar days of receiving a notice of default from the non-defaulting Party, by giving a notice of termination to such other Party (after written notice thereof is given by expiration of such cure period, if applicable), with the terminating Party specifying termination to take effect on the nature of the alleged material breach in reasonable detaildate specified therein.
Appears in 3 contracts
Samples: Commercial Manufacturing & Supply Agreement (Myovant Sciences Ltd.), Commercial Manufacturing & Supply Agreement (Myovant Sciences Ltd.), Commercial Manufacturing & Supply Agreement (Myovant Sciences Ltd.)
Termination for Material Breach. A If either Party materially breaches this Agreement at any time, the non-breaching Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of by written notice to the other Party in the event of any material breach by such other Party of this Agreementbreaching Party, provided that if such breach has is not been cured within sixty thirty (6030) calendar days after written notice thereof is given by the terminating non-breaching Party to the breaching Party specifying the nature of the alleged material breach in reasonable detailbreach.
Appears in 3 contracts
Samples: Option and Sublicense Agreement (Bionano Genomics, Inc.), Option and Sublicense Agreement (BioNano Genomics, Inc), Option and Sublicense Agreement (BioNano Genomics, Inc)
Termination for Material Breach. A Either Party shall have the absolute right to terminate this Agreement in such Party’s sole discretion, upon delivery of sixty (60) days prior written notice to the other if the other Party fails to perform or breaches, in the event of any material breach by such other Party respect, any material terms or provisions of this Agreement; provided, provided however, that such termination shall become effective only if such Party shall fail to remedy or cure the breach has not been cured within such sixty (60) calendar days after written notice thereof day period, or initiate commercially reasonable measures to remedy or cure within such period if it is given by not practicable to complete the terminating Party specifying the nature of the alleged material breach cure in reasonable detailsuch period.
Appears in 2 contracts
Samples: Private Label Distribution Agreement (Alphatec Holdings, Inc.), Private Label Distribution Agreement (Alphatec Holdings, Inc.)
Termination for Material Breach. A Each Party shall have the right to terminate this Agreement in such Party’s sole discretion, its entirety immediately upon delivery of written notice to the other Party in if the event of any material breach by such other Party of materially breaches its obligations under this AgreementAgreement and, provided that such breach has not been cured within sixty (60) calendar days after receiving written notice thereof is given by the terminating Party specifying the nature of the alleged identifying such material breach in reasonable detail, fails to cure such material breach within [*] days from the date of such notice (or within [*] business days from the date of such notice in the event such material breach is solely based on the breaching Party’s failure to pay any amounts due hereunder). Where such breach is not curable, the termination shall become effective upon receipt of the termination notice by the breaching Party.
Appears in 2 contracts
Samples: Collaboration and License Agreement (XOMA Corp), Collaboration and License Agreement (Xoma LTD /De/)
Termination for Material Breach. A Each Party shall have the right to terminate this Agreement in such Party’s sole discretion, immediately upon delivery of written notice to the other Party in the event of any material breach by if such other Party of materially breaches this Agreement, provided that Agreement and has not cured such breach has not been cured to the reasonable satisfaction of the non-breaching Party within sixty [***] days (60[***] days with respect to any payment breach) calendar days after receipt from the non-breaching Party of written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detailand requesting its cure.
Appears in 2 contracts
Samples: License and Collaboration Agreement (Silence Therapeutics PLC), License and Collaboration Agreement (Silence Therapeutics PLC)
Termination for Material Breach. A Either Party shall have the right to may terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party in the event of any material breach by such that the other Party breaches any of its material obligations under this Agreement, provided that unless the breaching Party cures such breach has not been cured default within sixty forty-five (6045) calendar days after the non-breaching Party’s written notice thereof is given by notice, subject to the terminating Party specifying Fees in the nature of the alleged material breach in reasonable detailapplicable Schedule(s).
Appears in 2 contracts
Samples: Managed Services Customer Agreement, Managed Services Customer Agreement
Termination for Material Breach. A Either Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of by written notice to the other Party in the event of that the other shall commit any material breach of this Agreement and shall fail to remedy same within ninety (90) days after being called upon in writing to do so (or immediately due to a breach by such other the Change of Control Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detailits obligations under Section 2.3 or Section 3.4).
Appears in 2 contracts
Samples: Co Promotion Agreement (Acelrx Pharmaceuticals Inc), Co Promotion Agreement (Tetraphase Pharmaceuticals Inc)
Termination for Material Breach. A Either Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party in if the event of other Party commits any material breach by such other Party of this Agreement, provided Agreement that such breach has not been cured breaching Party fails to cure within ten (10) days (in the case of default on any payments due under this Agreement) or sixty (60) calendar days after (in all other cases) following written notice thereof is given by from the terminating nonbreaching Party specifying the nature of the alleged material breach in reasonable detailsuch breach.
Appears in 2 contracts
Samples: License and Development Agreement, License and Development Agreement (Cardiomems Inc)
Termination for Material Breach. A Each Party shall have the right to terminate this the Agreement in such Party’s sole discretion, upon delivery of after [ * ] days written notice to the other that the other is in material breach of the Agreement, unless the other Party cures the breach before the expiration of such period of time, or, in the case that such breach cannot be cured within such period, the Party continues to use diligent efforts to cure such breach until actually cured. In addition, this Agreement shall terminate in the event of any material breach by such other Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written notice thereof the Collaboration Agreement is given by the terminating Party specifying the nature of the alleged material breach in reasonable detail.terminated pursuant to Section 15.2 or 15.3
Appears in 2 contracts
Samples: Collaboration Agreement (Tularik Inc), Collaboration Agreement (Tularik Inc)
Termination for Material Breach. A Either Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party in if, after receiving written notice of such material breach, the event of any material breach by such other Party of this Agreement, provided that fails to cure such breach has not been cured within sixty ninety (6090) calendar days after written notice thereof is given by from the terminating Party specifying the nature date of the alleged material breach in reasonable detailsuch notice.
Appears in 2 contracts
Samples: License Agreement, License Agreement (scPharmaceuticals Inc.)
Termination for Material Breach. A Party shall have Either party may terminate the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice licenses it has granted to the other Party party hereunder, effective upon notice, if it is found in the event of any material breach by such other Party a final, non-appealable decision pursuant to Section 8.8 of this AgreementAgreement that (i) such party has materially breached any warranty, provided term, condition or covenant of this Agreement and failed to cure that such breach has not been cured within sixty (60) calendar days after written notice thereof is given by the terminating Party notice, specifying the nature of the alleged material such breach in reasonable detaildetail and (ii) termination is warranted under the circumstances. Any such termination shall not affect the licenses granted to the other party by the breaching party.
Appears in 2 contracts
Samples: Intellectual Property License Agreement (Silicon Laboratories Inc), Sale and Purchase Agreement (Silicon Laboratories Inc)
Termination for Material Breach. A Each Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of after [ * ] prior written notice to the other that the other Party in the event of any has committed a material breach by such of the Agreement unless the other Party of this Agreement, provided that such breach has not been cured within sixty cures (60to the extent practicable) calendar days after written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detailwithin such period of time.
Appears in 2 contracts
Samples: License Agreement (Telik Inc), License Agreement (Telik Inc)
Termination for Material Breach. A If either Party materially breaches this Agreement at any time, the other Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of by written notice to the other Party in the event of any breaching Party, if such material breach is not cured within thirty (30) days after written notice is given by such other Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written notice thereof is given by to the terminating breaching Party specifying the nature of the alleged material breach in reasonable detailbreach.
Appears in 1 contract
Termination for Material Breach. A Either Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery for a material breach of written notice to this Agreement if the other Party in the event of any material breach by such other Party of this Agreement, provided that has not cured such breach has not been cured within sixty (60) calendar days after written following notice thereof is given by of termination to the terminating Party specifying the nature of the alleged material breach in reasonable detailother Party.
Appears in 1 contract
Samples: Research Collaboration Agreement (Gemini Genomics PLC)
Termination for Material Breach. A (a) If either Party materially breaches this Agreement, the non-breaching Party shall have the right to terminate this Agreement by written notice unless the breaching Party remedies the default within ninety (90) calendar days after receipt of written notice of such default.
(b) In the event of a material breach by any of the Parties of anti-bribery and anti-corruption obligations defined in Sections 15.2.2 and 15.2.3, the non-breaching Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party in the event of any material breach by such other Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detailits entirety with immediate effect.
Appears in 1 contract
Samples: License, Development, Commercialization and Supply Agreement (Sucampo Pharmaceuticals, Inc.)
Termination for Material Breach. A Each Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party and its obligations hereunder in the event of any a material breach by such the other Party of party, or materially fails to perform, its obligations under this AgreementA!:J, provided that J’eement and fails to cure such breach has not been cured or nonperformance within sixty twenty (6020) calendar days after receiving from the non- breaching Party written notice thereof is given by thereof, the terminating non-breaching Party specifying in its sole discretion may terminate this Agreement upon prior notice to the nature of the alleged material breach in reasonable detaildefaulting Party.
Appears in 1 contract
Samples: Development Agreement
Termination for Material Breach. A Party shall have the right Without limitation to other rights available to a party, either party may terminate this Agreement in such Party’s sole discretion, the event of a material breach by the other party upon delivery of sixty (60) days written notice to the other Party in the event of any material breach by such other Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detail.party setting
Appears in 1 contract
Samples: Drug Discovery Agreement (SGX Pharmaceuticals, Inc.)
Termination for Material Breach. A Either Party shall have the right to terminate this Agreement (a) in its entirety or (b) in part with respect to an individual Product(s), if a material breach pertains to such Product(s) (in such Party’s sole discretioncase, a "Terminated Product"), in each case, upon delivery of written notice to the other Party, if the other Party in the event of commits any material breach by such other Party of this Agreement, provided Agreement that such breach has not been cured breaching Party fails to cure within sixty thirty (6030) calendar days after following written notice thereof is given by from the terminating non-breaching Party specifying the nature of the alleged material breach in reasonable detailsuch breach.
Appears in 1 contract
Samples: Contract Manufacturing Agreement (Honest Company, Inc.)
Termination for Material Breach. A Party Each party shall have the a right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party in the event of any a material breach of this agreement by such the other Party party as follows: in the event that a party commits a material breach of any of the provisions of this Agreement, provided that such breach has not been cured and fails to cure the same within sixty (60) calendar 30 days after of its receipt of a written notice thereof is given by the terminating Party specifying the nature giving full particulars of the alleged material breach in reasonable detailand requiring it to be remedied.
Appears in 1 contract
Samples: Settlement Agreement (Alpharma Inc)
Termination for Material Breach. A Either Party shall have the right to ------------------------------- terminate this Agreement in such Party’s sole discretionAgreement, upon delivery of at any time by written notice to the other Party in the event breaching Party, upon material breach of any material obligation under this Agreement and failure of the breaching Party to cure the breach by such other Party within thirty (30) days of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after its receipt of written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detailbreach.
Appears in 1 contract
Samples: Technology Access and Collaboration Agreement (Sequenom Inc)
Termination for Material Breach. A Party Each party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of after [ ] days prior written notice to the other Party that the other party has committed a material breach of the Agreement, unless the other party cures the breach within such period of time, or, in the event of any material breach by such other Party of this Agreement, provided case that such breach has cannot been be cured within sixty (60) calendar days after written notice thereof is given by such period, the terminating Party specifying party continues to use diligent efforts to cure such breach until actually cured. All licenses granted to the nature non-breaching party under Section 5.1 of the alleged material breach in reasonable detailthis Agreement shall survive such termination.
Appears in 1 contract
Samples: Collaboration Agreement (Sugen Inc)
Termination for Material Breach. A Party Each party shall have the right to terminate this the Agreement in such Party’s sole discretion, upon delivery of after [ ] written notice to the other Party that the other is in material breach of the Agreement, unless the other party cures the breach before the expiration of such period of time, or, in the case that such breach cannot be cured within such period, the party continues to use diligent efforts to cure such breach until actually cured. In addition, this Agreement shall terminate in the event of any material breach by such other Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written notice thereof the Collaboration Agreement is given by the terminating Party specifying the nature of the alleged material breach in reasonable detail.terminated pursuant to Section 5.3
Appears in 1 contract
Samples: Collaboration Agreement (Sugen Inc)
Termination for Material Breach. A Each Party shall have the right to terminate this Agreement immediately in such Party’s sole discretion, its entirety upon delivery of written notice to the other Party in the event of any material breach by if such other Party of materially breaches this Agreement, provided that Agreement and has not cured such breach has not been cured within sixty (60) calendar days after written notice thereof is given by to the terminating Party specifying the nature reasonable satisfaction of the alleged material other Party within [*] after notice of such breach in reasonable detailfrom the non-breaching Party.
Appears in 1 contract
Samples: Collaboration and Option Agreement (Senti Biosciences, Inc.)
Termination for Material Breach. A Each Party (the “Non-Breaching Party”) shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party in (the event “Breaching Party”) if such Breaching Party has materially breached a term of any this Agreement and, after receiving written notice from the Non-Breaching Party identifying such material breach, fails to cure such material breach by such other Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written from the date of such notice thereof is given by unless the terminating Party specifying the nature Parties mutually agree in writing to an extension of the alleged material breach in reasonable detailsuch cure period.
Appears in 1 contract
Termination for Material Breach. A Either Party shall will have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party in the event of any material breach in the performance by such other Party of any term or condition under this Agreement, provided that such termination will not be effective if such breach has not been cured within sixty [*] (60[*]) calendar days after written notice thereof is given by the terminating Party to such other Party specifying the nature of the alleged material breach in reasonable detail.breach..
Appears in 1 contract
Termination for Material Breach. A Either Party shall have the right to terminate this Agreement (a) in its entirety or (b) in part with respect to individual Product(s), if such Party’s sole discretionmaterial breach pertains to such Product(s)(in such case, a “Terminated Product”), in each case, upon delivery of written notice to the other Party, if the other Party in the event of commits any material breach by such other Party of this Agreement, provided Agreement that such breach has not been cured breaching Party fails to cure within sixty thirty (6030) calendar days after following written notice thereof is given by from the terminating non-breaching Party specifying the nature of the alleged material breach in reasonable detailsuch breach.
Appears in 1 contract
Samples: Contract Manufacturing Agreement (Honest Company, Inc.)
Termination for Material Breach. A Each Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party and its obligations hereunder in the event of any a material breach by such the other Party of party, or materially fails to perform, its obligations under this AgreementA!:J, provided that J'eement and fails to cure such breach has not been cured or nonperformance within sixty twenty (6020) calendar days after receiving from the non-breaching Party written notice thereof is given by thereof, the terminating non-breaching Party specifying in its sole discretion may terminate this Agreement upon prior notice to the nature of the alleged material breach in reasonable detaildefaulting Party.
Appears in 1 contract
Samples: Assignment and Assumption, Consent and Modification Agreement (Turnpoint Medical Devices, Inc.)
Termination for Material Breach. A Either Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party in if the event of other Party commits any material breach by such other Party of this Agreement, provided Agreement that such breach has not been cured breaching Party fails to cure within sixty (60) calendar days after following written notice thereof is given by from the terminating nonbreaching Party specifying the nature of the alleged material breach in reasonable detailsuch breach.
Appears in 1 contract
Termination for Material Breach. A If either Party commits a material breach of any of its obligations under this Agreement in respect of any Product, and such breach or default continues without cure for a period of ninety (90) days after delivery by the other Party of written notice reasonably detailing such breach or default, then the other Party shall have the right to terminate this Agreement in respect of such Party’s sole discretionProduct only, upon delivery of with immediate effect, by giving written notice to the other Party breaching Party. The Parties shall retain all rights and remedies (at law or in the event equity) in respect of any material breach by such other Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detailhereof.
Appears in 1 contract
Termination for Material Breach. A non defaulting Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of after written notice to the other that the other is in material breach of this Agreement (the "Defaulting Party"), unless the Defaulting Party cures the breach before the expiration of ninety days - thirty days in the event case of any material breach by a delayed payment - after such other Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detailnotice.
Appears in 1 contract
Samples: Product Development and Commercialization Agreement (Viropharma Inc)
Termination for Material Breach. A Party Each party hereto (the “Non-breaching Party”) shall have the right to terminate this Agreement Agreement, without prejudice to any other remedies available to it at law or in such Party’s sole discretionequity, upon delivery of ninety (90) days written notice to the other Party party (the “Breaching Party”) in the event of any the Breaching Party is in material breach by such other Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detail.
Appears in 1 contract
Samples: Co Promotion Agreement (Inspire Pharmaceuticals Inc)
Termination for Material Breach. A Either Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the event the other Party has materially breached or defaulted in the event performance of any material breach by such other Party of this Agreementits obligations hereunder, provided that and if such breach has or default is not been cured corrected within sixty (60) calendar days after the breaching Party receives written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detailidentifying such breach.
Appears in 1 contract
Samples: Development, License & Option Agreement (AxoGen, Inc.)
Termination for Material Breach. A Either Party shall have the right to may terminate this Agreement in such Party’s sole discretionAgreement, upon delivery of written notice with respect to all or any applicable Services it receives hereunder, if the other Party is in the event of any material breach by of this Agreement with respect to its provision of Services hereunder, and such other Party of this Agreement, provided that fails to cure such material breach has not been cured within sixty (60) calendar days after written of receipt of notice thereof is given by the terminating Party specifying the nature of the alleged such material breach in reasonable detailfrom the non-breaching Party.
Appears in 1 contract
Termination for Material Breach. A Party shall have the right to may terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party in the event of any a material breach of any obligation, representation or warranty by such any other Party of this Agreement, owing an obligation to the terminating Party provided that such terminating Party has provided the other Parties with notice of the material breach and the breaching Party has not been cured within sixty (60) calendar days after written notice thereof is given by the terminating Party specifying the nature of the alleged such material breach in reasonable detail.within thirty (30) days of receipt of such notice. For the avoidance of doubt, either Party's failure to pay royalties as required under this Agreement shall constitute a material breach. 2
Appears in 1 contract
Samples: Royalty Collection Agreement
Termination for Material Breach. A Each Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party and its obligations hereunder in the event of any a material breach by such the other Party of party, or materially fails to perform, its obligations under this AgreementA!:J, provided that J’eement and fails to cure such breach has not been cured or nonperformance within sixty twenty (6020) calendar days after receiving from the non-breaching Party written notice thereof is given by thereof, the terminating non-breaching Party specifying in its sole discretion may terminate this Agreement upon prior notice to the nature of the alleged material breach in reasonable detaildefaulting Party.
Appears in 1 contract
Samples: Development Agreement (Turnpoint Medical Devices, Inc.)
Termination for Material Breach. A Each Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of written notice to the other Party and its obligations hereunder in the event of any a material breach by such the other Party of party, or materially fails to perform, its obligations under this Agreement, provided that Agreement and fails to cure such breach has not been cured or nonperformance within sixty twenty (6020) calendar days after receiving from the non-breaching Party written notice thereof is given by thereof, the terminating non-breaching Party specifying in its sole discretion may terminate this Agreement upon prior notice to the nature of the alleged material breach in reasonable detaildefaulting Party.
Appears in 1 contract
Samples: Research and Development (Turnpoint Medical Devices, Inc.)
Termination for Material Breach. A Party Each party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of with immediate effect on giving written notice to the other Party in party if the event of other party breaches any material breach by such other Party provision of the terms and conditions of this Agreement, provided and that such material breach has is either not been cured capable of being remedied, or the party fails to remedy within sixty thirty (6030) calendar days after receiving written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detailsuch breach.
Appears in 1 contract
Samples: Subscription License Agreement
Termination for Material Breach. A Either Party shall will have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of by written notice to the other Party in upon or after the event breach of any material breach provision of this Agreement by such the other Party of this Agreement, provided that such if the other Party fails to cure the breach has not been cured within sixty (60) calendar days after following written notice thereof is given by from the terminating nonbreaching Party specifying the nature of the alleged material breach in reasonable detailsuch breach.
Appears in 1 contract
Termination for Material Breach. A In the event either Party shall have the right fails to terminate comply with its obligations under this Agreement in such Party’s sole discretionany material respect, the other Party may, at its option, terminate the Agreement upon delivery of 20 days prior written notice of any non-compliance, but the termination shall be effective only in the event that the default is not corrected to the other Party in the event of any material breach by Party’s satisfaction within such other Party of this Agreement, provided that such breach has not been cured within sixty (60) calendar days after written notice thereof is given by the terminating Party specifying the nature of the alleged material breach in reasonable detail20 day period.
Appears in 1 contract
Samples: Sales and Marketing Agreement (Banuestra Financial CORP)
Termination for Material Breach. A Party shall have the right to terminate this Agreement in such Party’s sole discretion, upon delivery of on written notice to Notice if the other Party in the event of breaches any material breach by such other Party term of this AgreementAgreement and, provided when that breach is curable, fails to cure such breach has not been cured within sixty (60) calendar 30 days after written notice thereof is given Notice thereof. This right to terminate shall be in addition to any other remedies the non-defaulting Party may have under the Agreement or by the terminating Party specifying the nature of the alleged material breach in reasonable detailApplicable Laws.
Appears in 1 contract
Samples: Terms of Service