Common use of Termination by Breach Clause in Contracts

Termination by Breach. Upon the breach or default in the performance or observance of any of the material provisions of this Agreement by either Party, when such breach or default is not cured by the responsible Party within sixty (60) days after written notice by the other Party, the other Party may terminate this Agreement upon an additional thirty (30) days written notice to the other Party. Termination will be without prejudice to either Party to recover any and all damages to which it may be entitled, or to exercise any other remedies.

Appears in 4 contracts

Samples: Manufacturing and License Agreement (Elite Pharmaceuticals Inc /Nv/), Manufacturing and License Agreement (Elite Pharmaceuticals Inc /Nv/), Manufacturing and License Agreement (Elite Pharmaceuticals Inc /Nv/)

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Termination by Breach. Upon the breach or default in the performance or observance of any of the material provisions of this Agreement by either Party, when such breach or default is not cured by the Party responsible Party for the breach or default within sixty (60) days after written notice by the other non-breaching Party, the other non-breaching Party may terminate this Agreement upon an additional thirty (30) days written notice to the other breaching Party. Termination termination will be without prejudice to either Party to recover any and all damages to which it may be entitled, or to exercise any other remedies.

Appears in 2 contracts

Samples: License Agreement (Elite Pharmaceuticals Inc /Nv/), License Agreement (Elite Pharmaceuticals Inc /Nv/)

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