Common use of Default of Licensor Clause in Contracts

Default of Licensor. (a) Licensee shall provide Licensor with a detailed written notice of any violation of this Agreement, and a thirty (30) day period within which Licensor may: (a) demonstrate that a violation does not exist, (b) cure the alleged violation, or (c) if the nature of the alleged violation prevents correction thereof within thirty (30) days, to initiate a reasonable corrective action plan to correct such alleged violation, including a projected completion date; provided, however, that such plan shall be subject to Licensee’s written approval where Licensee’s Equipment or operations will be affected by the corrective action, which approval will not be unreasonably withheld.

Appears in 3 contracts

Samples: Master License Agreement, Master License Agreement, Agreement

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Default of Licensor. (a) a. Licensee shall provide Licensor with a detailed written notice of any violation of this Agreement, and a thirty (30) day period within which Licensor may: (a) demonstrate that a violation does not exist, (b) cure the alleged violation, or (c) if the nature of the alleged violation prevents correction thereof within thirty (30) 30 days, to initiate a reasonable corrective action plan to correct such alleged violation, including a projected completion date; provided, however, that such plan shall be subject to Licensee’s written approval where Licensee’s Equipment or operations will be affected by the corrective action, which approval will not be unreasonably withheld.

Appears in 2 contracts

Samples: Agreement, Agreement

Default of Licensor. (a) Licensee a)Licensee shall provide Licensor with a detailed written notice of any violation of this Agreement, and a thirty (30) day period within which Licensor may: (a) demonstrate that a violation does not exist, (b) cure the alleged violation, or (c) if the nature of the alleged violation prevents correction thereof within thirty (30) days, to initiate a reasonable corrective action plan to correct such alleged violation, including a projected completion date; provided, however, that such plan shall be subject to Licensee’s written approval where Licensee’s Equipment or operations will be affected by the corrective action, which approval will not be unreasonably withheld.

Appears in 1 contract

Samples: Agreement

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Default of Licensor. (a) a. Licensee shall provide Licensor with a detailed written notice of any violation of this Agreement, and a thirty (30) day period within which Licensor may: (a) demonstrate that a violation does not exist, (b) cure the alleged violation, or (c) if the nature of the alleged violation prevents correction thereof within thirty (30) days, to initiate a reasonable corrective action plan to correct such alleged violation, including a projected completion date; provided, however, that such plan shall be subject to Licensee’s written approval where Licensee’s Equipment or operations will be affected by the corrective action, which approval will not be unreasonably withheld.

Appears in 1 contract

Samples: Master License Agreement

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