Common use of Company Breaches Clause in Contracts

Company Breaches. At DOCTOR's option, in the event COMPANY fails to make timely payments of the obligations it has undertaken, (ii) fails or refuses to account to DOCTOR for collection on amounts for services rendered, or (iii) is in default of any material obligations having an impact upon DOCTOR, then DOCTOR may by written notice to COMPANY terminate this Agreement if COMPANY has failed to cure such default within thirty (30) days of DOCTOR's written notice of such violation, provided if such breach cannot by its nature be reasonably cured within thirty (30) days then COMPANY shall have such time as may be reasonable to cure the breach.

Appears in 5 contracts

Samples: Management Agreement (Dynacq International Inc), Service Facility and Management Agreement (Dynacq International Inc), Management Agreement (Dynacq International Inc)

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