Common use of Termination Upon Breach Clause in Contracts

Termination Upon Breach. Each party shall have the right to terminate this Agreement provided (i) such party provides sixty (60) days prior notice to the other party; (ii) the other party is in a material breach of any of the terms of this Agreement; and (iii) the prior breach is not cured within such sixty (60) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breach.

Appears in 2 contracts

Samples: Assignment Agreement (Network 1 Security Solutions Inc), License and Distribution Agreement (Network 1 Security Solutions Inc)

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Termination Upon Breach. Each party shall have the right to terminate Notwithstanding Section 5.1, this Agreement provided (i) such may be terminated by either party provides sixty (60) days prior upon written notice to the other party; (ii) , in the event the other party is in a material breach of materially breaches any obligation hereunder and the breaching party fails to cure within 30 days after written notice of the terms of this Agreement; and (iii) the prior breach is not cured within such sixty (60) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breach.

Appears in 2 contracts

Samples: Master Services Agreement, Master Services Agreement

Termination Upon Breach. Each party shall have the right to Either Party may, at its option, terminate this Agreement provided (i) in the event of a material breach by the other Party. Such termination may be effected only through a written notice to the breaching Party, specifically identifying the breach or breaches on which such party provides notice of termination is based. The breaching Party will have a right to cure such breach or breaches within sixty (60) days prior notice of receipt of such notice, and this Agreement will only terminate pursuant to this Section 12.3 in the other party; (ii) the other party is in a material breach of any of the terms of this Agreement; and (iii) the prior breach event that such cure is not cured made within such sixty (60) day 60)-day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breach.

Appears in 2 contracts

Samples: Manufacturing and Supply Agreement (IsoRay, Inc.), Manufacturing and Supply Agreement (Isoray, Inc.)

Termination Upon Breach. Each party shall have the right to terminate this Agreement provided (i) such party provides sixty thirty (6030) days prior notice to the other party; (ii) the other party is in a material breach of any of the terms of this Agreement; and (iii) the prior breach is not cured within such sixty thirty (6030) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breach.

Appears in 2 contracts

Samples: Software Distribution Agreement (Network 1 Security Solutions Inc), Software Distribution Agreement (Network 1 Security Solutions Inc)

Termination Upon Breach. Each In the event either party gives written notice to the other that such party has substantially and materially breached the terms of this Agreement, and such breach shall not have been cured within 10 calendar days of the giving of such notice, the party giving such notice shall have the right to terminate this Agreement provided (i) such party provides sixty (60) days prior notice to the other party; (ii) the other party is in a material breach of at any of the terms of this Agreement; and (iii) the prior breach is not cured within such sixty (60) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breachtime thereafter.

Appears in 1 contract

Samples: Sponsorship Agreement for Sports Medicine Services

Termination Upon Breach. Each Prior to the First Closing, if any party shall be in material breach hereunder (understood to mean a breach which would allow one or more of the other parties to decline to close), and such breach shall not have the right been cured within 30 days of written notice thereof, then any party who shall be entitled to decline to close shall be entitled to terminate this Agreement provided (i) such party provides sixty (60) days prior by notice to the other party; (ii) the other party is in a material breach of any of the terms of this Agreement; and (iii) the prior breach is not cured within such sixty (60) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breachparties hereto.

Appears in 1 contract

Samples: Investment Agreement (Motient Corp)

Termination Upon Breach. Each Either party shall have the right to may terminate this Agreement provided (i) such party provides sixty (60) upon 30 days prior written notice to the other party; (ii) party upon the material breach by the other party is in a material breach of any of the terms of its material representations, warranties, covenants or agreements contained in this Agreement; and (iii) . Upon the prior breach is not cured within such sixty (60) day period. Any expiration of such notice period, this Agreement shall provideterminate without the need for further action by either party; provided however, in reasonable detail, a description that if the breach upon which such notice of the alleged breach and the requested cure of that breach.termination is based shall:

Appears in 1 contract

Samples: Manufacturing, Marketing and Distribution Agreement (DM Products, Inc.)

Termination Upon Breach. Each This Agreement may be terminated by either party shall have in the right to terminate this Agreement provided (i) such party provides sixty (60) days prior notice to the other party; (ii) the other party is in event of a material breach of any this Agreement by the other party, by written notice to the breaching party; provided, however, that the party in breach shall have twenty (20) days from the date such notice is delivered to cure such breach to the reasonable satisfaction of the terms of this Agreement; and (iii) the prior breach is not cured within such sixty (60) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breachnon-breaching party.

Appears in 1 contract

Samples: Agreement (Bikers Dream Inc)

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Termination Upon Breach. Each Either party shall have the right to may terminate this Agreement provided (i) such party provides sixty (60) upon 30 days prior written notice to the other party; (ii) party upon the material breach by the other party is in a material breach of any of the terms of its material representations, warranties, covenants or agreements contained in this Agreement; and (iii) . Upon the prior breach is not cured within such sixty (60) day period. Any expiration of such notice period, this Agreement shall provideterminate without the need for further action by either party; provided, in reasonable detailhowever, a description that if the breach upon which such notice of the alleged breach and the requested cure of that breach.termination is based shall:

Appears in 1 contract

Samples: Manufacturing, Marketing and Distribution Agreement (DM Products, Inc.)

Termination Upon Breach. Each If there exists a material breach by either party, the other party shall have the right to may terminate this Agreement provided (i) such party provides by providing sixty (60) days prior written notice to the other partybreaching party of such intent to terminate, which notice must specify the material breach; (ii) provided, however, that such termination shall not be effective if the other breaching party is in a cures the material breach of any of the terms of this Agreement; and (iii) the prior breach is not cured identified within such sixty (60) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breach.

Appears in 1 contract

Samples: Custodian Agreement (Nelnet Inc)

Termination Upon Breach. Each This Agreement may be terminated by either party shall have the right to terminate this Agreement provided by giving thirty (i) such party provides sixty (6030) days prior written notice to the other party; (ii) of a breach by such other party of its obligations hereunder. Any such termination shall be effective if the other party is in a material has failed to cure the breach within thirty (30) days following receipt of any of the terms of this Agreement; and (iii) the prior breach is not cured within such sixty (60) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breachwritten notice.

Appears in 1 contract

Samples: Value Behavioral

Termination Upon Breach. Each In the event either party gives written notice to the other that such other party has substantially and materially breached the terms of this Agreement, and such breach shall not have been cured within 30 calendar days of the giving of such notice, the party giving such notice shall have the right to terminate this Agreement provided (i) at any time thereafter upon written notice of such party provides sixty (60) days prior notice termination to the other party; (ii) the other party is in a material breach of any of the terms of this Agreement; and (iii) the prior breach is not cured within such sixty (60) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breach.

Appears in 1 contract

Samples: Purchase Agreement

Termination Upon Breach. Each Either party shall have the right to may terminate this Agreement provided (i) such party provides sixty (60) days prior notice agreement and, in addition to all other rights and remedies it may have under law or equity, be relieved of all further obligations hereunder, in the other party; (ii) the other party is in event of a material breach of any of the terms of this Agreement; and (iii) agreement by the prior other party if the breach is not cured within thirty (30) days from receipt of notice of such sixty (60) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breach.

Appears in 1 contract

Samples: Telecommuting Agreement

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