Common use of For Material Breach Clause in Contracts

For Material Breach. Termination of this Agreement by either party will be permitted in the event of a Material Breach that if possible, to cure, remains uncured sixty (60) days after written notice by the non-breaching party to the alleged breaching party. A “Material Breach” is defined as (a) the failure of a party to fully comply with its obligations under this Agreement; (b) the making of assignment for the benefit of creditors by a party; (c) the institution of bankruptcy, reorganization, liquidation or receivership proceedings by or against a party; and (d) insolvency of a party.

For Material Breach. Termination of this Agreement by either party will be permitted in the event of a Material Breach (as defined below) that if possible, possible to cure, remains uncured sixty ninety (6090) days after written notice specifying the breach is given, by the non-breaching party party, to the alleged breaching party. A “Material Breach” is defined as (a) the failure of a party to fully comply with its obligations under this Agreement; (b) the making of assignment for the benefit of creditors by a party; (c) the institution of bankruptcy, reorganization, liquidation or receivership proceedings by or against a party; and (d) insolvency of a party.

For Material Breach. Termination of this Agreement by either party will be permitted in the event of a Material Breach that if possible, possible to cure, remains uncured sixty (60) days after written notice by the non-breaching party to the alleged breaching party. A “Material Breach” is defined as (a) the failure of a party to fully comply with its obligations under this Agreement; (b) the making of assignment for the benefit of creditors by a party; (c) the institution of bankruptcy, reorganization, liquidation or receivership proceedings by or against a party; and (d) insolvency of a partyaparty.