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

Termination for Cause by Either Party. Except as provided in Sections (b) and (c) below, either party may terminate this Agreement for cause upon written notice to the other party specifying the nature of the alleged breach of this Agreement. For purposes of this Agreement, “cause” shall be construed to mean a material breach of an obligation to be performed hereunder, that is not cured within thirty (30) days or for which reasonable steps to cure are not undertaken and diligently and continuously pursued if such cure cannot reasonably be achieved during such thirty (30) day period.

Appears in 3 contracts

Samples: Services Agreement, Services Agreement (Praxsyn Corp), Marketing Company Agreement (Praxsyn Corp)

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Termination for Cause by Either Party. Except as provided in Sections (b) 6.2 and (c) below6.3, either party may terminate this Agreement for cause upon written notice to the other party specifying the nature of the alleged breach of this Agreement. For purposes of this Agreement, “cause” shall be construed to mean a material breach of an obligation to be performed hereunder, that is not cured within thirty (30) days or for which reasonable steps to cure are not undertaken and diligently and continuously pursued if such cure cannot reasonably be achieved during such thirty (30) day period.

Appears in 1 contract

Samples: Marketing Services Agreement (Praxsyn Corp)

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