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Common use of Termination for Event of Default Clause in Contracts

Termination for Event of Default. If an Event of Default shall occur the non-defaulting party may by notice in writing terminate this Agreement immediately. For the purposes of this Agreement, each of the following shall be an Event of Default:

Appears in 4 contracts

Sources: Exclusive Ip License Agreement, Exclusive Ip License Agreement, Material Transfer Agreement, Contract Research Agreement, Sponsored Research Agreement, Collaborative Research Agreement, Consultancy Agreement, Exclusive Ip License Agreement, Copyright License Agreement

Related Clauses

  • Termination for Default
  • Actions following an Event of Default
  • Notification of Event of Default
  • Termination of Default
  • SUSPENSION & TERMINATION FOR DEFAULT

Parent Clauses

  • Term and Termination
  • Termination
  • Breach Event of Default and Termination
  • Termination Defaults Remedies
  • Default by Developer

Sub-Clauses

  • Event of Default
  • Put Option
  • Cure Period
  • Call Option
  • Adequate Assurance
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