Common use of Termination for Event of Default Clause in Contracts

Termination for Event of Default. Either DURA or ▇▇▇▇▇▇ Corp. II shall have the right to terminate this Agreement, effective as set forth in a written notice to the othe party of the occurrence of an Event of Default with respect to such other party.

Appears in 4 contracts

Sources: Development Agreement (Dura Pharmaceuticals Inc/Ca), Development Agreement (Spiros Development Corp Ii Inc), Development Agreement (Dura Pharmaceuticals Inc/Ca)