MUTUAL BREACH Sample Clauses
The Mutual Breach clause defines the rights and obligations of both parties in the event that either side fails to fulfill their contractual duties. Typically, this clause outlines the procedures for notifying the breaching party, providing an opportunity to remedy the breach within a specified period, and the consequences if the breach is not cured, such as termination or damages. Its core practical function is to ensure fairness and balance by holding both parties equally accountable for non-performance, thereby promoting trust and reducing the risk of unresolved disputes.
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MUTUAL BREACH. On thirty (30) days written notice, for material breach of the terms by the other party hereof unless the breach is cured in the said thirty (30) days; or
MUTUAL BREACH. Without limiting the generality of the ------------- foregoing, or any applicable law, (i) Insight may not rely on the failure of any condition precedent set forth in Article VII of this Agreement and (ii) the Company may not rely on the failure of any condition precedent set forth in Article VIII of this Agreement, in the case of (i) or (ii) above to be satisfied as a ground for termination of this Agreement by such party if such failure was caused by such party's (or parties') failure to act in good faith, or a breach of or failure to perform its representations, warranties, covenants or other obligations in accordance with the terms hereof.