TERMINATION AND RULES POST TERMINATION. (a) In the event either Party is in breach of any material obligation hereunder (the “Breaching Party”), the non breaching Party may give written notice to the Breaching Party specifying the claimed particulars of such breach, and in the event such material breach is not cured, within sixty (60) days following the date of such written notification, without prejudice to any other rights and remedies available at any time to the non breaching Party, the non breaching Party shall have the right thereafter to terminate this Agreement by giving thirty (30) days prior written notice to the Breaching Party to such effect.
Appears in 2 contracts
Samples: License Agreement (Regenerx Biopharmaceuticals Inc), License Agreement (Regenerx Biopharmaceuticals Inc)
TERMINATION AND RULES POST TERMINATION. (a) 15.1 In the event either Party is party shall be in breach of any material obligation hereunder (the “Breaching Party”)hereunder, the non breaching Party party may give written notice to the Breaching Party other party specifying the claimed particulars of such breach, and in the event such material breach is not cured, or effective steps to cure such material breach have not been initiated or are not thereafter diligently pursued, within sixty (60) days following the date of such written notification, without prejudice to any other rights and remedies available at any time to the non breaching Party, the non breaching Party party shall have the right thereafter to terminate this Agreement the AGREEMENT by giving thirty (30) days prior written notice to the Breaching Party other party to such effect.
Appears in 1 contract
Samples: Collaboration and Supply Agreement (Dor Biopharma Inc)
TERMINATION AND RULES POST TERMINATION. (a) 12.1 In the event either Party is party shall be in breach of any material obligation hereunder (the “Breaching Party”)hereunder, the non non-breaching Party party may give written notice to the Breaching Party other party specifying the claimed particulars of such breach, and in the event such material breach is not cured, or effective steps to cure such material breach have not been initiated or are not thereafter diligently pursued, within sixty (60) days following the date of such written notification, without prejudice to any other rights and remedies available at any time to the non breaching Party, the non breaching Party party shall have the right thereafter to terminate this Agreement by giving thirty (30) days prior written notice to the Breaching Party other party to such effect.
Appears in 1 contract
Samples: Licensing Agreement (Biodelivery Sciences International Inc)