Common use of Termination on Material Breach Clause in Contracts

Termination on Material Breach. If either party materially breaches the Agreement, including without limitation [ * ], and the breaching party has not (i) cured the breach or (ii) initiated good faith efforts to cure such breach to the reasonable satisfaction of the non-breaching party, within [ * ] of notice of breach from the non-breaching party, the non-breaching party may terminate this Agreement upon expiration of such [ * ] period.

Appears in 3 contracts

Samples: Collaboration Agreement (Tularik Inc), Collaboration Agreement (Tularik Inc), Collaboration Agreement (Tularik Inc)

AutoNDA by SimpleDocs

Termination on Material Breach. If either party Party materially breaches the this Agreement, including without limitation [ * ]its diligence obligations under Section 2.8, and the breaching party Party has not (i) cured the breach or (ii) initiated good faith efforts to cure such breach to the reasonable satisfaction of the non-breaching partyParty, within [ * ] of notice of breach from the non-non- breaching partyParty, the non-breaching party Party may terminate this Agreement upon expiration of such [ * ] period.

Appears in 2 contracts

Samples: Collaboration Agreement (Tularik Inc), Collaboration Agreement (Tularik Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!