Common use of Termination on Material Breach Clause in Contracts

Termination on Material Breach. If either party materially breaches the Agreement, including without limitation its due diligence obligations under Section 2.2(b) and 5.3, and the breaching party has not cured the breach or initiated good faith efforts to cure such breach to the reasonable satisfaction of the non-breaching party within sixty (60) days of notice of breach from the non-breaching party, the non-breaching party may terminate this Agreement upon expiration of such sixty (60)-day period.

Termination on Material Breach. If either party materially breaches the Agreement, including without limitation its due diligence obligations under Section 2.2(b) and 5.32.2, 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 party, within sixty (60) days of notice of breach from the non-breaching party, the non-breaching party may terminate this Agreement upon expiration of such sixty (60)-day period.