Breach and Opportunity to Cure Sample Clauses

Breach and Opportunity to Cure. AACS LA, but not a Licensor, may terminate this Agreement on behalf of itself and the Licensors for any material breach by Adopter, and Adopter may terminate this Agreement for any material breach by AACS LA or Licensors, subject to the following provisions regarding whether the Party in breach is entitled to an opportunity to cure.
AutoNDA by SimpleDocs
Breach and Opportunity to Cure. If any party shall breach the terms of this Agreement or default in the performance of its obligations hereunder, the nondefaulting party shall have the right to provide the defaulting party with notice specifying in reasonable detail the nature of such breach or default. If such breach or default has not been cured by the earlier of (a) the Closing Date and (b) thirty (30) days after delivery of such notice, then the party giving such notice may (i) terminate this Agreement by giving written notice to the defaulting party hereunder, (ii) extend the Closing Date if such default has not been cured by the Closing Date (but no such extension shall constitute a waiver of such nondefaulting party's right to terminate as a result of such default), (iii) exercise the remedies available to such party pursuant to Sections 11.2 or 11.3, subject to the right of the other party to contest such action through appropriate proceedings, and/or (iv) proceed to Closing, but which shall not constitute a waiver of such breach or default.
Breach and Opportunity to Cure. If either party believes the other to be in default hereunder, the non-defaulting party shall provide the defaulting party with notice specifying in reasonable detail the nature of such default. If such default has not been cured by the earlier of: (i) the Closing Date, or (ii) within FIFTEEN (15) days after delivery of such notice, then the party giving such notice may (x) terminate this Agreement, (y) extend the Closing Date under Section 11.1 (but no such extension shall constitute a waiver of such non-defaulting party's right to terminate as a result of such default), and/or (z) exercise the remedies available to such party pursuant to Section 13.4 or 13.5, subject to the right of the other party to contest such action through appropriate proceedings.
Breach and Opportunity to Cure. 6.1 In the event that either party breaches any of its obligations under this Agreement, the party claiming breach shall give notice in writing to the other party. If the breach is curable, the party claimed to have breached the Agreement shall have 45 days to cure the breach before the party claiming the breach may bring legal action. Any statute of limitation governing such claim shall be tolled pending the cure period. Notwithstanding the foregoing, where a party reasonably believes that a breach of an obligation under this Agreement may result in immediate, irreparable harm, the party shall be entitled to seek injunctive relief first.
Breach and Opportunity to Cure. If either party believes the other to be in default hereunder, the nondefaulting party shall provide the defaulting party with notice specifying in reasonable detail the nature of such default. If such default has not been cured by the earlier of: (i) the Closing Date, or (ii) within twenty (20) days after delivery of such notice (a "Default Notice"), then the party giving such notice may (x) terminate this Agreement, (y) extend the Closing Date under
Breach and Opportunity to Cure. If any party materially breaches any part of this Agreement, the non-breaching party shall provide to the breaching party written notice of such breach within ten (10) business days. Thereafter, the breaching party shall have a reasonable opportunity to cure the breach. If the breach is not cured within thirty (30) days or such longer period as may be mutually agreed upon, the non-breaching party may terminate this Agreement upon written notice to the breaching party, such written notice being effective upon dispatch.
Breach and Opportunity to Cure. The parties expressly covenant and agree that in the event any party is in default of its obligations under this Agreement, the party not in default shall provide to the defaulting party thirty (30) days written notice before exercising any of its rights.
AutoNDA by SimpleDocs
Breach and Opportunity to Cure. If any party shall breach the terms of this Agreement or default in the performance of its obligations to be performed hereunder prior to Closing (a "Pre-Closing Default"), the nondefaulting party shall have the right to provide the applicable Seller and Seller Representative, or Buyer, as applicable, with notice specifying in reasonable detail the nature of such breach or default. If such breach or default has not been cured within the time period specified in section 10 above, or by two (2) business days prior to the Closing Date, if earlier, then the party giving such notice may (i) terminate this Agreement by giving written notice to the defaulting party hereunder, (ii) extend the Closing Date for a period not in excess of ten (10) days, if such default has not been cured by the Closing Date (but no such extension shall constitute a waiver of such nondefaulting party's right to terminate as a result of such default), (iii) exercise the remedies available to such party pursuant to sections 12(b) or 12(c), as applicable, subject to the right of the other party to contest such action through appropriate proceedings, and/or (iv) proceed to Closing.
Breach and Opportunity to Cure a) If either party breaches this Agreement and fails to cure such breach within thirty (30) days after receipt of written notice of that breach, then the non-breaching party may terminate this Agreement effective as of the end of such thirty (30) day period. Additionally, either party may terminate this Agreement immediately if the other party (i) ceases to do business in the ordinary course; or (ii) either voluntarily or involuntarily files a bankruptcy petition which is not vacated within thirty (30) days of filing. No such termination will be deemed a waiver of any claim for damages by the non-terminating party.
Breach and Opportunity to Cure. If either party believes the other to be in default hereunder, the nondefaulting party shall provide the defaulting party with notice specifying in reasonable detail the nature of such default. If such default has not been cured by the earlier of: (i) the Closing Date or (ii) within twenty (20) days after delivery of such notice, then the party giving such notice may (1) terminate this Agreement (but no such termination shall constitute a waiver of its rights arising out of such default), (2) extend the Closing Date under Section 4 (but no such extension shall constitute a waiver of such nondefaulting party's right to terminate as a result of such default) and/or (3) exercise the remedies available to such party pursuant to Section 14(b) or 14(c) or otherwise available by contract, at law or in equity, subject to the right of the other party to contest such action through appropriate proceedings.
Time is Money Join Law Insider Premium to draft better contracts faster.