Common use of CANCELLATION FOR BREACH Clause in Contracts

CANCELLATION FOR BREACH. If either party shall willfully violate any of the covenants undertaken, or any of the duties imposed upon it by this Agreement, or otherwise breaches or fails to perform a material duty or obligation under this Agreement, such willful violation, breach or failure to perform, shall entitle the other party to terminate this Agreement, provided the party desiring to terminate for such cause shall give the other party at least sixty (60) days written notice, specifying the particulars wherein it is claimed that there has been a violation; and if at the end of such time the party notified does not remove the cause of complaint, or remedy the purported violation, then the termination of this Agreement shall be deemed complete.

Appears in 4 contracts

Samples: Rac Benefits Plus Agreement (Alliance Healthcard Inc), Rac Benefits Plus Agreement (Alliance Healthcard Inc), Rac Benefits Plus Agreement (Alliance Healthcard Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.