Termination Upon Breach. Either party may provide the other with written notice of a material breach of this Agreement by the other party and the breaching party shall have sixty (60) days from the date on which it receives such notice in which to cure such breach. In the event that such breach is not cured on a timely basis, the non-breaching party shall have the right to terminate this Agreement upon ten (10) days prior written notice.
Appears in 2 contracts
Samples: License Agreement (Kos Pharmaceuticals Inc), License Agreement (Kos Pharmaceuticals Inc)
Termination Upon Breach. Either party may provide the other with written notice of a material breach of this Agreement by the other party and the breaching party shall have sixty (60) days from the date on which it receives such notice in which to cure such breach. In the event that such breach is not cured on a timely basis, the non-breaching Each party shall have the right to terminate this Agreement upon ten provided (10i) such party provides sixty (60) days prior written noticenotice to the other party; (ii) the other party is in a material breach of any of the terms of this Agreement; and (iii) the prior breach is not cured within such sixty (60) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breach.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Network 1 Security Solutions Inc), Assignment Agreement (Network 1 Security Solutions Inc)
Termination Upon Breach. Either party may provide Party may, at its option, terminate this Agreement in the other with written notice event of a material breach of this Agreement by the other party and Party. Such termination may be effected only through a written notice to the breaching party shall Party, specifically identifying the breach or breaches on which such notice of termination is based. The breaching Party will have a right to cure such breach or breaches within sixty (60) days from the date on which it receives of receipt of such notice notice, and this Agreement will only terminate pursuant to this Section 12.3 in which to cure such breach. In the event that such breach cure is not cured on a timely basis, the non-breaching party shall have the right to terminate this Agreement upon ten made within such sixty (10) days prior written notice60)-day period.
Appears in 2 contracts
Samples: Manufacturing and Supply Agreement (Isoray, Inc.), Manufacturing Agreement (IsoRay, Inc.)
Termination Upon Breach. Either party may provide the other with written notice of a material breach of this Agreement by the other party and the breaching party shall have sixty (60) days from the date on which it receives such notice in which to cure such breach. In the event that such breach is not cured on a timely basis, the non-breaching Each party shall have the right to terminate this Agreement upon ten provided (10i) such party provides thirty (30) days prior written noticenotice to the other party; (ii) the other party is in a material breach of any of the terms of this Agreement; and (iii) the prior breach is not cured within such thirty (30) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breach.
Appears in 2 contracts
Samples: Software Distribution Agreement (Network 1 Security Solutions Inc), Software Distribution Agreement (Network 1 Security Solutions Inc)
Termination Upon Breach. Either party may provide Unless otherwise provided for herein, if one Party materially breaches any of the other with written notice of a material breach terms of this Agreement by the other party and the breaching party shall have fails to remedy such breach within sixty (60) days from after the date on which other Party has given notice requiring it receives such notice in which to cure such breach. In the event that such breach is not cured on a timely basisdo so, the non-breaching party Party shall have the right to terminate this Agreement upon ten one (101) days months’ prior written notice. For the purpose of this Agreement, non-compliance with payment obligations under this Agreement will be considered a material breach of a material term.
Appears in 1 contract
Termination Upon Breach. Either party may provide the other with written notice of If there exists a material breach of by either party, the other party may terminate this Agreement by the other party and the breaching party shall have providing sixty (60) days from prior written notice to the date on breaching party of such intent to terminate, which it receives such notice in which to cure such must specify the material breach. In the event ; provided, however, that such breach is termination shall not cured on a timely basis, be effective if the non-breaching party shall have cures the right to terminate this Agreement upon ten material breach identified within such sixty (1060) days prior written noticeday period.
Appears in 1 contract
Samples: Warehouse Note Purchase and Security Agreement (Nelnet Inc)