Common use of Termination Upon Default Clause in Contracts

Termination Upon Default. In the event either party defaults in the performance of their respective obligations under this Agreement, the non-defaulting party may terminate this Agreement by delivering written notice to the defaulting party specifying the nature of such default and notifying the defaulting party that the default must be cured within the following thirty (30) days. If the defaulting party fails to cure the default within the prescribed 30-day period, the Agreement shall be deemed terminated forthwith without further notice.

Termination Upon Default. In Either Party may terminate this Agreement in whole or in part in the event either party defaults in of a default by the performance of their respective obligations under this Agreementother Party; provided however, that the non-defaulting party may terminate this Agreement by delivering written notice to Party notifies the defaulting party specifying in writing of the nature of such alleged default and notifying that the defaulting party that the default must be cured within the following thirty (30) days. If the defaulting party fails to Party does not cure the alleged default within the prescribed 30-day period, the Agreement shall be deemed terminated forthwith without further notice.sixty (60) calendar days of receipt of written notice thereof. Default is defined to include:

Termination Upon Default. In the event Unless otherwise specified, if either party Party defaults in the performance of their respective obligations any material obligation under this Agreement, and the default has not been remedied to the other Party's reasonable satisfaction within sixty (60) days after the date of written notice of that default, the non-defaulting party Party may terminate this Agreement by delivering written notice to the defaulting party specifying the nature of such default and notifying the defaulting party that the default must be cured within the following thirty (30) days. If the defaulting party fails to cure the default within the prescribed 30-day periodParty terminate this Agreement, the Agreement shall be deemed terminated forthwith without further noticeeffective immediately.

Termination Upon Default. In the event either party defaults in the performance of their respective obligations under this Agreement, the non-defaulting party Either Party may terminate this Agreement in whole or in part in the event of a default by delivering written notice to the other Party; provided however, that the non- defaulting Party notifies the defaulting party specifying in writing of the nature of such alleged default and notifying that the defaulting party that the default must be cured within the following thirty (30) days. If the defaulting party fails to Party does not cure the alleged default within the prescribed 30-day period, the Agreement shall be deemed terminated forthwith without further notice.sixty (60) calendar days of receipt of written notice thereof. Default is defined to include:

Termination Upon Default. In the event either If a party defaults in the performance of their respective obligations any material obligation under this Agreement, and the default has not been remedied to the other parties’ reasonable satisfaction within sixty (60) days after the date of written notice of that default, the non-defaulting party parties may terminate this Agreement by delivering written notice to the defaulting party specifying the nature of such default and notifying the defaulting party that the default must be cured within the following thirty (30) days. If the defaulting party fails to cure the default within the prescribed 30-day period, the terminate this Agreement shall be deemed terminated forthwith without further noticeeffective immediately.

Termination Upon Default. In the event either party defaults in the performance of their respective obligations under this Agreement, the non-defaulting Either party may terminate this Agreement by delivering written notice at any time if the other party defaults in a material manner in the performance of its obligations under this Agreement; provided, however, that the defaulting party shall have sixty (60) days after its receipt of such written notice to cure the defaulting party specifying the nature of such default and notifying the defaulting party that the default must be cured within the following thirty (30) daysdefault. If the defaulting party fails to cure the default within the prescribed 30-day foregoing time period, the other party may terminate this Agreement by written notice to the defaulting party, which notice shall be deemed terminated forthwith without further noticeeffective upon receipt.

Termination Upon Default. In the event If either party defaults shall default in fulfilling any of its material obligations hereunder, and such default is not cured within sixty (60) days after Notice from the performance of their respective obligations under this Agreementparty not in default, the non-defaulting party may not in default shall thereafter have the right to terminate this Agreement at once by delivering written notice to the defaulting party specifying the nature of Notice. Upon giving such default and notifying the defaulting party that the default must be cured within the following thirty (30) days. If the defaulting party fails to cure the default within the prescribed 30-day period, the Notice this Agreement shall be deemed terminated forthwith without further noticeterminated.

Termination Upon Default. In the event If either party Party materially defaults in the due and timely performance of their respective any of its obligations under this Agreement, the non-defaulting party Party or Parties may terminate this Agreement by delivering written after ten days’ notice to the defaulting party specifying Party, which specifies with particularity the nature of default or defaults, and such default and notifying the defaulting party that the default must be is not cured within the following thirty (30) days. If the defaulting party fails to cure the default within the prescribed 30such ten-day period, the Agreement . The remedies set forth in this Section 11.2 shall be deemed terminated forthwith without further noticethe sole and exclusive remedy of the Parties for any default prior to Closing.

Termination Upon Default. In the event If either party defaults in the performance of their respective any of its material obligations hereunder or defaults under this Agreementany agreement with any Affiliate of the other party and if such default is not corrected within thirty (30) days after written notice thereof by the other party, then the non-defaulting party party, at its option, may, in addition to any other remedies it may have, terminate this Agreement by delivering giving written notice of termination to the defaulting party specifying the nature of such default and notifying the defaulting party that the default must be cured within the following thirty (30) days. If the defaulting party fails to cure the default within the prescribed 30-day period, the Agreement shall be deemed terminated forthwith without further noticeparty.

Termination Upon Default. In Either Party may terminate this Agreement in whole or in part in the event either party defaults in of a default by the performance of their respective obligations under this Agreementother Party, provided however, that the non-defaulting party may terminate this Agreement by delivering written notice to Party notifies the defaulting party specifying Party in writing of the nature of such alleged default and notifying that the defaulting party that Party does not cure the alleged default must be cured within the following thirty (30) days. If the defaulting party fails to cure the default within the prescribed 30-day period, the Agreement shall be deemed terminated forthwith without further noticecalendar days of receipt of written notice thereof.

Termination Upon Default. In The non-defaulting Party may terminate this Agreement in whole or in part in the event either party defaults in of a default by the performance of their respective obligations under this Agreementother Party, provided however, that the non-defaulting party may terminate this Agreement by delivering written notice to Party notifies the defaulting party specifying Party in writing of the nature of such alleged default and notifying that the defaulting party that Party does not cure the alleged default must be cured within the following thirty (30) days. If the defaulting party fails to cure the default within the prescribed 30-day period, the Agreement shall be deemed terminated forthwith without further noticecalendar days of receipt of written notice thereof.

Termination Upon Default. In Either Party may terminate this Agreement in whole or in part in the event either party defaults in of a default by the performance of their respective obligations under this Agreementother Party; provided however, that the non-defaulting party may terminate this Agreement by delivering written notice to Party notifies the defaulting party specifying Party in writing of the nature of such alleged default and notifying that if the defaulting party that Party does not cure the alleged default must be cured within the following thirty (30) dayscalendar days of receipt of written notice thereof. If the defaulting party fails Default is defined to cure the default within the prescribed 30-day periodinclude, the Agreement shall but not be deemed terminated forthwith without further notice.limited to:

Termination Upon Default. In Either Party may terminate this Agreement in whole or in part in the event either party defaults in of a default by the performance of their respective obligations under this Agreementother Party; provided however, that the non-defaulting party may terminate this Agreement by delivering Party notifies the defaulting Party in writing of the alleged default and that the defaulting Party does not cure the alleged default within sixty (60) calendar days of receipt of written notice thereof. Default is defined to the defaulting party specifying the nature of such default and notifying the defaulting party that the default must be cured within the following thirty (30) days. If the defaulting party fails to cure the default within the prescribed 30-day period, the Agreement shall be deemed terminated forthwith without further notice.include: