Common use of Termination for Cause by Either Party Clause in Contracts

Termination for Cause by Either Party. In the event that either party shall materially breach its obligations under this Agreement (other than a breach subject to Section 10.02(b) hereof) and shall fail to cure such breach within thirty (30) days after written notice and demand for such cure, or in the event that any representation or warranty of such party contained herein was materially incorrect when given, then the other party may, upon thirty (30) days' written notice, terminate this Agreement.

Appears in 3 contracts

Samples: Master Servicing Agreement (First Marblehead Corp), Marketing Services Agreement (First Marblehead Corp), Marketing Services Agreement (First Marblehead Corp)

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Termination for Cause by Either Party. In the event that either party shall materially breach its obligations under this Agreement (other than a breach subject to Section 10.02(b) hereofunless Force Majeure has been invoked through written notice by either party) and shall fail to cure such breach within thirty (30) days after written notice and demand for such cure, or in the event that any representation or warranty of such party contained herein was materially incorrect when given, then the other party may, upon thirty (30) days' written notice, terminate this Agreement.

Appears in 1 contract

Samples: Informed K12 Agreement

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