Common use of Termination by System Clause in Contracts

Termination by System. If CERES materially breaches this Agreement, SYSTEM may give CERES written notice of the breach. CERES shall have a period of thirty (30) days from receipt of the notice to cure the breach. If CERES does not cure the breach within this period, SYSTEM may terminate this Agreement by giving written notice of termination with immediate effect.

Appears in 2 contracts

Sources: Material Transfer and Evaluation Agreement (Ceres, Inc.), Material Transfer and Evaluation Agreement (Ceres, Inc.)