Disputed Breach. If the alleged breaching Party disputes in good faith the existence or materiality of a breach specified in a written notice given under Section 11.7.1, and such alleged breaching Party provides the other Party written notice of such dispute within forty-five (45) days after receipt of such written notice, then the other Party shall not have the right to terminate this License Agreement under Section 11.7.1 unless and until the arbitrators, in accordance with ARTICLE 12, have determined that the alleged breaching Party has materially breached this Agreement and, if the breach is then curable, such Party fails to cure such breach within the applicable Cure Period set forth above following such decision.
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Sources: License Agreement (Merus N.V.), License Agreement (Merus N.V.)
Disputed Breach. If the alleged breaching Party disputes in good faith the existence or materiality of a breach specified in a written notice given under Section 11.7.1provided by the other Party, and such alleged breaching Party provides the other Party written notice of such dispute within forty-five (45) days after receipt of such written notice[***] days, then the other Party shall not have the right to terminate this License Agreement under Section 11.7.1 12.2(a) unless and until the a panel of arbitrators, in accordance with ARTICLE 12Article 13, have has determined that the alleged breaching Party has materially breached this Agreement and, if the breach is then curable, and such Party fails to cure such breach within the applicable Cure Period cure period set forth above in Section 12.2(a) following such decisiondetermination.
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Disputed Breach. If the alleged breaching Party disputes in good faith the existence or materiality of a breach specified in a written notice given under Section 11.7.1provided by the other Party, and such alleged breaching Party provides the other Party written notice of such dispute within forty-five (45) days after receipt of such written notice[*****], then the other Party shall not have the right to terminate this License Agreement under Section 11.7.1 12.3.1 unless and until the arbitratorsan arbitration panel, in accordance with ARTICLE 12Section 14.6, have has determined that the alleged breaching Party has materially breached this a material obligation of the Agreement and, if the breach is then curable, such Party fails to cure such breach within the applicable Cure Period cure period set forth above following such decision.
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Disputed Breach. If the alleged breaching Party disputes in good faith the existence or materiality of a breach specified in a written notice given under Section 11.7.1provided by the other Party, and such alleged breaching Party provides the other Party written notice of such dispute within forty-five (45) days after receipt of such written notice[***], then the other Party shall not have the right to terminate this License Agreement under Section 11.7.1 12.2(a) unless and until the a panel of arbitrators, in accordance with ARTICLE 12Article 13, have has determined that the alleged breaching Party has materially breached this Agreement and, if the breach is then curable, and such Party fails to cure such breach within the applicable Cure Period cure period set forth above following such decision.
Appears in 1 contract
Sources: License Agreement (Rallybio Corp)
Disputed Breach. If the alleged breaching Party disputes in good faith the existence or materiality of a breach specified in a written notice given under Section 11.7.1provided by the other Party, and such alleged breaching Party provides the other Party written notice of such dispute within forty-five (45) days after receipt of such written notice[***], then the other Party shall not have the right to terminate this License Agreement under Section 11.7.1 13.2(a) unless and until the a panel of arbitrators, in accordance with ARTICLE 12Article 14, have has determined that the alleged breaching Party has materially breached this the Agreement and, if the breach is then curable, such Party fails to cure such breach within the applicable Cure Period cure period set forth above following such decision.
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