Common use of Termination upon Material Breach Clause in Contracts

Termination upon Material Breach. This Agreement may be terminated at the option of either party to this Agreement upon the other party's material breach of any provision of this Agreement or of any representation made in this Agreement, unless such breach has been cured within 10 days after receipt of notice of breach from the non-breaching party.

Appears in 6 contracts

Samples: Distribution Agreement (Price T Rowe Variable Annuity Account), Distribution Agreement (Price T Rowe Var an Acct of Fir Sec Ben Lif Ins&ann Co of Ny), Distribution Agreement (Price T Rowe Var an Acct of Fir Sec Ben Lif Ins&ann Co of Ny)

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Termination upon Material Breach. This Agreement may be terminated at the option of either party to this Agreement upon the other party's material breach of any provision of this Agreement or of any representation made in this Agreement, unless such breach has been cured within 10 30 days after receipt of notice of breach from the non-breaching party.

Appears in 5 contracts

Samples: Distribution Agreement (Variable Annuity Account A), Distribution Agreement (Variable Annuity Account A), Distribution Agreement (Variable Annuity Account A)

Termination upon Material Breach. This Agreement may be terminated at the option of either party to this Agreement upon the other party's ’s material breach of any provision of this Agreement or of any representation made in this Agreement, unless such breach has been cured within 10 30 days after receipt of notice of breach from the non-breaching party.

Appears in 2 contracts

Samples: Distribution Agreement (SBL Variable Annuity Account Xiv), Distribution Agreement (SBL Variable Annuity Account Xi)

Termination upon Material Breach. This Agreement may be terminated at the option of either party Party to this Agreement by notice of termination to the other Party upon the other partyParty's material breach of any provision of this Agreement or of any representation made in this Agreement, unless such breach has been cured within 10 days after receipt of notice of breach from the non-breaching partyParty or some other reasonable time as may be proposed by the breaching Party and consented to in writing by the non-breaching Party in its sole discretion.

Appears in 1 contract

Samples: Distribution Agreement (Commonwealth Sel Acct of Commonwealth Annuity & Life Insurance Co)

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Termination upon Material Breach. This Agreement may be he terminated at the option of either party to this Agreement upon the other party's material breach of any provision of this Agreement or of any representation made in this Agreement, unless such breach has been cured within 10 30 days after receipt of notice of breach from the non-breaching party.

Appears in 1 contract

Samples: Distribution Agreement (Variflex Ls)

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