Common use of Termination for Uncured Breach Clause in Contracts

Termination for Uncured Breach. If one of the parties breaches the terms of this Agreement, the other party may give the breaching party a notice in writing which specifically sets out the nature and extent of the breach, and the steps that must be taken to cure the breach. After receiving the written notice, the breaching party will then have thirty (30) days to cure the breach, if the breach does not involve a failure to make any payments which are required by this Agreement. If the breach does involve a failure to make any payments which are required by this Agreement, then the breaching party will have five (5) days after receiving the written notice to cure the breach. If the breaching party does not cure any breach within the applicable cure period, then the non-breaching party will have the right to terminate this Agreement immediately.

Appears in 9 contracts

Samples: Product Marketing Agreement (Western Iowa Energy, L.L.C.), Services Agreement (Western Iowa Energy, L.L.C.), Feedstock Agreement (Western Iowa Energy, L.L.C.)

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Termination for Uncured Breach. If one of the parties breaches the terms of this Agreement, the other party may give the breaching party a notice in writing which specifically sets out the nature and extent of the breach, and the steps that must be taken to cure the breach. After receiving the written notice, the breaching party will then have thirty (30) days to cure the breach, if the breach does not involve a failure to make any payments which are market and distribute ethanol as required by this Agreement. If the breach does involve involves a failure to make any payments which are market and distribute ethanol as required by this Agreement, then the breaching party will have five (5) days after receiving the written notice to cure the breach. If the breaching party does not cure any breach within the applicable cure period, then the non-breaching party will have the right to terminate this Agreement immediately.

Appears in 5 contracts

Samples: Ethanol Fuel Marketing Agreement (Homeland Energy Solutions LLC), Ethanol Fuel Marketing Agreement (Lake Area Corn Processors LLC), Ethanol Fuel Marketing Agreement (Highwater Ethanol LLC)

Termination for Uncured Breach. If one of the parties breaches the terms of this Agreement, the other party may give the breaching party a notice in writing which specifically sets out the nature and extent of the breach, and the steps that must be taken to cure the breach. After receiving the written notice, the breaching party will then have thirty (30) days to cure the breach, if the breach does not involve a failure to make any payments which are market and distribute Ethanol as required by this Agreement. If the breach does involve involves a failure to make any payments which are market and distribute Ethanol as required by this Agreement, then the breaching party will have five (5) days after receiving the written notice to cure the breach. If the breaching party does not cure any breach within the applicable cure period, then the non-breaching party will have the right to terminate this Agreement immediately.

Appears in 4 contracts

Samples: Ethanol Marketing Agreement (Homeland Energy Solutions LLC), Ethanol Marketing Agreement (Highwater Ethanol LLC), Ethanol Marketing Agreement (Golden Grain Energy)

Termination for Uncured Breach. If one of the parties breaches the terms of this Agreement, the other party may give the breaching party a notice in writing which specifically sets out the nature and extent of the breach, and the steps that must be taken to cure the breach. After receiving the written notice, the breaching party will then have thirty (30) days to cure the breach, if the breach does not involve a failure to make any payments which are market and distribute Ethanol as required by this Agreement. If the breach does involve involves a failure to make any payments which are market and distribute Ethanol as required by this Agreement, then the breaching party will have five (5) days after receiving the written notice to cure the breach. If the breaching party does not cure any breach within the applicable cure period, then the non-breaching party will have the right to terminate this Agreement immediately. *** Confidential material redacted and filed separately with the Commission.

Appears in 2 contracts

Samples: Ethanol Marketing Agreement (Red Trail Energy, LLC), Ethanol Marketing Agreement (Lake Area Corn Processors LLC)

Termination for Uncured Breach. If one of the parties breaches the terms of this Agreement, the other party may give the breaching party a notice in writing which specifically sets out the nature and extent of the breach, and the steps that must be taken to cure the breach. After receiving the written notice, the breaching party will then have thirty (30) days to cure the breach, if the breach does not involve a failure to make any payments which are market and distribute High Purity Alcohol as required by this Agreement. If the breach does involve involves a failure to make any payments which are market and distribute High Purity Alcohol as required by this Agreement, then the breaching party will have five (5) days after receiving the written notice to cure the breach. If the breaching party does not cure any breach within the applicable cure period, then the non-breaching party will have the right to terminate this Agreement immediately.

Appears in 2 contracts

Samples: High Purity Alcohol Member Marketing Agreement (Homeland Energy Solutions LLC), High Purity Alcohol Member Marketing Agreement (Highwater Ethanol LLC)

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Termination for Uncured Breach. If one of the parties breaches the terms of this Agreement, the other party may give the breaching party a notice in writing which specifically sets out the nature and extent of the breach, and the steps that must be taken to cure the breach. After receiving the written notice, the breaching party will then have thirty (30) days to cure the breach, if the breach does not involve a failure to make any payments which are required by this Agreement. If the breach does involve a failure to make any payments which are required by this Agreement, then the breaching party will have five (5) days after receiving the written notice to cure the breach. If the breaching party does not cure any breach within the applicable cure period, then the non-breaching party will have the right to terminate this Agreement immediately. .

Appears in 1 contract

Samples: Ethanol Fuel Marketing Agreement (Golden Grain Energy)

Termination for Uncured Breach. If one of the parties breaches the terms of this Agreement, the other party may give the breaching party a notice in writing which specifically sets out the nature and extent of the breach, and the steps that must be taken to cure the breach. After receiving the written notice, the breaching party will then have thirty (30) days to cure the breach, if the breach does not involve a failure to make any payments which are market and distribute the ethanol as required by this Agreement. If the breach does involve a failure to make any payments which are market and distribute the ethanol as required by this Agreement, then the breaching party will have five (5) days after receiving the written notice to cure the breach. If the breaching party does not cure any breach within the applicable cure period, then the non-breaching party will have the right to terminate this Agreement immediately.the

Appears in 1 contract

Samples: Ethanol Fuel Marketing Agreement (Advanced BioEnergy, LLC)

Termination for Uncured Breach. If one of the parties breaches the terms of this Agreement, the other party may give the breaching party a notice in writing which specifically sets out the nature and extent of the breach, and the steps that must be taken to cure the breach. After receiving the written notice, the breaching party will then have thirty (30) days to cure the breach, if the breach does not involve a failure to make any payments which are market and distribute the ethanol as required by this Agreement. If the breach does involve a failure to make any payments which are market and distribute the ethanol as required by this Agreement, then the breaching party will have five (5) days after receiving the written notice to cure the breach. If the breaching party does not cure any breach within the applicable cure period, then the non-breaching party will have the right to terminate this Agreement immediately.

Appears in 1 contract

Samples: Ethanol Fuel Marketing Agreement (United Wisconsin Grain Producers LLC)

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