Termination for Payment Default. Should Licensee fail to make payment to NovaDel of royalties or other amounts due in accordance with the terms of this Agreement, NovaDel shall have the right to terminate this Agreement within ten (10) days after giving said notice of termination unless Licensee shall pay to NovaDel, within the 10-day period, all such amounts due and payable. Upon the expiration of the 10-day period, if Licensee shall not have paid all such amounts due and payable, the rights, privileges and licenses granted hereunder shall, at the option of NovaDel, immediately terminate. In the event a payment is the subject of a bona fide dispute between NovaDel and Licensee that is being pursued by a Party pursuant to the dispute resolution mechanism in Article 9, then Licensee shall make such payment, but shall provide NovaDel with written notice that such payment is being made subject to the outcome of such pending dispute resolution procedure and in the event such dispute is finally and conclusively resolved in favor of Licensee, NovaDel shall refund such payment to Licensee with interest calculated pursuant to Section 5.5 from the date of such payment.
Termination for Payment Default. 24. If any rent, deposits or other charges due are not paid by the due date to the Landlord, the Site, Tenant Chattels and Tenant Improvements shall be deemed abandoned by the Tenant and the Landlord may re-let the Site. Any late payment accepted by the Landlord will bear interest at the rate of 24% per annum until paid and a $45 fee will be assessed for NSF payments, but nothing herein expressed or implied shall be construed so as to require the Landlord to accept late payments. Any acceptance by the Landlord of amounts due to the Landlord to the date of termination of this Lease shall not be construed as a consent by the Landlord to waive the Landlord’s termination of this Agreement.
Termination for Payment Default. Should Licensee fail to make payment to NovaDel of royalties or other amounts due in accordance with the terms of this Agreement in a country, NovaDel shall have the right to terminate this Agreement in that country within sixty (60) days after giving written notice of termination unless Licensee shall pay to NovaDel, within the 60-day period, all such amounts due and payable. Upon the expiration of the 60-day period, if Licensee shall not have paid all such amounts due and payable, the rights, privileges and licenses granted hereunder shall, at the option of NovaDel, immediately terminate. In the event a payment is the subject of a bona fide dispute between NovaDel and Licensee that is being pursued by a Party pursuant to the dispute resolution mechanism in Article 9, then Licensee shall make such payment into an interest bearing escrow account, and shall provide NovaDel with written notice that such payment is being made into escrow subject to the outcome of such pending dispute resolution procedure. In the event such dispute is finally and conclusively resolved in favor of NovaDel, Licensee shall release such payment to NovaDel with any accrued interest.
Termination for Payment Default. Upon the occurrence of a default in accordance with Section 6.1, the invoicing Party may provide written notice to the Party receiving the invoice of the invoicing Party’s intent to terminate this Agreement at least sixty (60) calendar days from the date of such notice. The Party receiving the invoice shall have seven (7) calendar days following the receipt of LADWP's notice of termination to submit a written request to the invoicing Party to commence the dispute resolution procedures of Section 7.0 of this Agreement. If the Party receiving the invoice does not provide such notice within seven (7) calendar days of receipt of the notice of termination, then the invoicing Party may terminate this Agreement to the Party receiving the invoice on the date specified in the notice of termination. If the Party receiving the invoice does submit a timely written request to commence dispute resolution procedures, then Article VII of this Agreement shall apply.
Termination for Payment Default. Should PAR fail to make payment to HANA of royalties or other amounts due in accordance with the terms of this Agreement, HANA or NovaDel shall have the right to terminate this Agreement within ten (10) days after giving said notice of termination unless PAR shall pay to HANA, within the 10-day period, all such amounts due and payable. Upon the expiration of the 10-day period, if PAR shall not have paid all such amounts due and payable, the rights, privileges and licenses granted hereunder shall, at the option of HANA or NovaDel, immediately terminate. In the event a payment is the subject of a bona fide dispute between HANA and PAR that is being pursued by a Party pursuant to the dispute resolution mechanism in Article 15, then PAR shall make such payment, but shall provide HANA with written notice that such payment is being made subject to the outcome of such pending dispute resolution procedure and in the event such dispute is finally and conclusively resolved in favor of PAR, HANA shall refund such payment to PAR with interest calculated pursuant to Section 8.5 from the date of such payment.
Termination for Payment Default. If any payment required under this Agreement or any Statement of Work is not paid by Quantum when due, IMPCO shall have the right, without any liability to Quantum, or anyone claiming by or through Quantum, to cease providing any or all of the Services provided by IMPCO to Quantum hereunder or pursuant to any Statement of Work, which right may be exercised by IMPCO in its sole and absolute discretion. IMPCO shall provide Quantum with thirty (30) days prior written notice to Quantum of its intent to terminate such Services hereunder, and if Quantum fails to pay all amounts due for such Service(s) (including any accrued late fee) prior to the expiration of such thirty (30) day period, IMPCO shall have the right to cease any or all Services pursuant to this Section 1.7(c).
Termination for Payment Default. Conexant may terminate this Agreement immediately, upon written notice, (i) if the Skyworks fails to satisfy its payment obligations when due under the terms of this Agreement and fails to cure such breach within ten (10) days after receipt of written notice from Conexant of a Payment Default, or (ii) any time after Skyworks has failed to satisfy its payment obligations when due under the terms of this Agreement on three separate occasions. The Parties agree that Conexant's right to terminate this Agreement under this Section shall not apply to amounts that are in dispute and are in the process of being resolved in accordance with Section 13.2.
Termination for Payment Default. Should Licensee fail to make payment to NovaDel of royalties or other amounts due in accordance with the terms of this Agreement, NovaDel shall have the right to terminate this Agreement within ten (10) days after giving said INFORMATION MARKED BY [***] HAS BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. THE OMITTED PORTION HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION. notice of termination unless Licensee shall pay to NovaDel, within the 10-day period, all such amounts due and payable. Upon the expiration of the 10-day period, if Licensee shall not have paid all such amounts due and payable, the rights, privileges and licenses granted hereunder shall, at the option of NovaDel, immediately terminate. In the event a payment is the subject of a bona fide dispute between NovaDel and Licensee that is being pursued by a Party pursuant to the dispute resolution mechanism in Article 9, then Licensee shall make such payment, but shall provide NovaDel with written notice that such payment is being made subject to the outcome of such pending dispute resolution procedure and in the event such dispute is finally and conclusively resolved in favor of Licensee, NovaDel shall refund such payment to Licensee with interest calculated pursuant to Section 5.5 from the date of such payment.
Termination for Payment Default. Should Larasan fail to make payment to IntelliPharmaCeutics of royalties or other amounts due in accordance with the terms of this Agreement, IntelliPharmaCeutics shall have the right to terminate this Agreement within thirty (30) days after giving said notice of termination unless Larasan shall pay to IntelliPharmaCeutics, within the 30-day period, all such amounts due and payable. Upon the expiration of the 30-day period, if Larasan shall not have paid all such amounts due and payable, the rights, privileges and licenses granted hereunder shall, at the option of IntelliPharmaCeutics, immediately terminate. In the event a payment is the subject of a bona fide dispute between IntelliPharmaCeutics and Larasan that is being pursued by a Party pursuant to the dispute resolution mechanism in Article 10, then Larasan shall deposit such disputed payment into an escrow account agreed by the Parties, but shall provide IntelliPharmaCeutics with written notice to IntelliPharmaCeutics that such funds are being deposited subject to the outcome of dispute resolution procedure. In the event such dispute is finally and conclusively resolved in favor of Larasan, such funds held in escrow shall be promptly returned to Larasan with interest calculated pursuant to Article 5.5 from the date of such deposit. In the event that such dispute is finally and conclusively resolved in favor of IntelliPharmaCeutics such funds held in escrow shall be promptly paid to IntelliPharmaCeutics with interest calculated pursuant to Article 5.5 from the date of such deposit.
Termination for Payment Default. Subject to law, Mediacom may terminate Services if you fail to pay any charges when due. Upon termination by you or by Mediacom, you must pay all charges incurred through the date of termination or any later date specified in your Agreement. If we permit reconnection, you may be required to pay a reconnect fee in addition to all past due charges and satisfy any other requirements we may establish.
