Common use of Termination by Programmer Clause in Contracts

Termination by Programmer. Unless terminated pursuant to the provisions of Section 1.2, this Agreement may be terminated by Programmer by written notice to Owner, if Programmer is not then in material default or breach hereof, upon the occurrence of either of the following: (a) five (5) days following the date of termination of the Purchase Agreement; or (b) Owner is in material breach of Owner's representations or Owner's material obligations hereunder or under the Purchase Agreement and has failed to cure such breach within thirty (30) days of written notice from Programmer.

Appears in 1 contract

Sources: Purchase Agreement (Sinclair Broadcast Group Inc)

Termination by Programmer. Unless terminated pursuant to the provisions of Section 1.2, this Agreement may be terminated by Programmer by written notice to Owner, if Programmer is not then in material default or breach hereof, upon the occurrence of either of the following: (a) five (5) days following the date of termination of the Asset Purchase Agreement; or (b) Owner is in material breach of Owner's representations or Owner's material obligations hereunder or under the Asset Purchase Agreement and has failed to cure such breach within thirty (30) days of written notice from Programmer.

Appears in 1 contract

Sources: Asset Purchase Agreement (Sinclair Broadcast Group Inc)