Common use of Termination for Uncured Breach Clause in Contracts

Termination for Uncured Breach. If a Party breaches a material obligation, the other Party may give written notice to such breaching Party specifying the breach and its intention to terminate this Agreement if such breach is not cured. If the breaching Party does not cure the breach within sixty (60) days of receipt of such notice, the other Party may terminate the Agreement upon written notice to the breaching Party.

Appears in 3 contracts

Samples: Feasibility and Option Agreement (Tonix Pharmaceuticals Holding Corp.), Feasibility and Option Agreement (Tonix Pharmaceuticals Holding Corp.), Feasibility and Option Agreement (Tamandare Explorations Inc.)

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Termination for Uncured Breach. If a Party breaches a material obligation, the other Party may give written notice Either party to such breaching Party specifying the breach and its intention to terminate this Agreement if such breach is not cured. If the breaching Party does not cure the breach within sixty (60) days of receipt of such noticemay, the other Party may terminate the Agreement upon written notice to the other party, terminate this Agreement in the event of such other party’s breach of any material representation, warranty, or covenant of this Agreement that is not cured within thirty (30) days following receipt of written notice from the non-breaching Partyparty describing such breach in reasonable detail.

Appears in 1 contract

Samples: Api Technology Agreement (Exodus Movement, Inc.)

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