Early Termination by Penn. Penn may terminate this Agreement if: (a) Company is more than ninety (90) days late in paying to Penn any amounts owed under this Agreement and does not immediately pay Penn in full upon demand; (b) Company or its Affiliates breaches this Agreement and does not cure the breach within ninety (90) days after written notice by Penn to Company of the breach; or (c) Company experiences a Trigger Event.
Appears in 2 contracts
Samples: License Agreement (eXegenics Inc), License Agreement (eXegenics Inc)
Early Termination by Penn. Penn may terminate this Agreement if: (a) Company is more than ninety thirty (9030) days late in paying to Penn any amounts owed under this Agreement and does not immediately pay Penn in full full, including accrued interest, upon demand; (b) Company or its Affiliates Affiliate or sublicensee breaches this Agreement and does not cure the breach within ninety forty five (9045) days after written notice by Penn to Company of the breach; or (c) Company or its Affiliate experiences a Trigger Event.
Appears in 1 contract
Early Termination by Penn. Penn may terminate this Agreement if: (a) Company is more than ninety sixty (9060) days late in paying to Penn any amounts owed under this Agreement and does not immediately pay Penn in full upon demand; (b) Company or its Affiliates breaches this Agreement and does not cure the breach within ninety sixty (9060) days after written notice by Penn to Company of the breach; or (c) Company experiences a Trigger Event.
Appears in 1 contract
