Liability for Default. 11.1 The Parties agree and acknowledge that if any Party (“Defaulting Party”) breaches any provision of this Agreement, or fails to perform or delays in performing any obligation under this Agreement, it shall constitute a default under this Agreement (“Default”) and the non-defaulting party shall be entitled to request the Defaulting Party to cure such Default or take remedies within a reasonable time period. If the Defaulting Party fails to cure such Default or take remedies within such reasonable time period or within ten (10) days after the Non-Defaulting Party notifies the Defaulting Party in writing and requests it to cure such Default, then the non-defaulting party is entitled to decide at its discretion:
Appears in 6 contracts
Samples: Option Agreement (OneSmart International Education Group LTD), Option Agreement (OneSmart International Education Group LTD), Exclusive Purchase Right Agreement (OneSmart International Education Group LTD)
Liability for Default. 11.1 The Parties agree and acknowledge that if any Party (“Defaulting Party”) breaches any provision of this Agreement, or fails to perform or delays in performing any obligation under this Agreement, it shall constitute a default under this Agreement (“Default”) and the non-defaulting party Party shall be entitled to request the Defaulting Party to cure such Default or take remedies within a reasonable time period. If the Defaulting Party fails to cure such Default or take remedies within such reasonable time period or within ten (10) days after the Nonnon-Defaulting Party notifies the Defaulting Party in writing and requests it to cure such Default, then the non-defaulting party Party is entitled to decide at its discretion:
Appears in 6 contracts
Samples: Technology and Consultation Service Agreement (OneSmart International Education Group LTD), Exclusive Technology and Consultation Service Agreement (OneSmart International Education Group LTD), Exclusive Technology and Consultation Service Agreement (OneSmart International Education Group LTD)