Common use of Upon Breach Clause in Contracts

Upon Breach. Any party may terminate this Agreement upon 30 days notice to the other parties upon the material breach by another party of any of its material representations, warranties, covenants or obligations under this Agreement. Upon the expiration of such notice period, this Agreement shall terminate without the need for further action by any party, provided, however, that if the breach upon which such notice of termination is based shall have been fully cured to the reasonable satisfaction of the non-breaching party within such 30-day notice period, then such notice of termination shall be deemed rescinded. Such right of termination shall be in addition to such other rights and remedies as the terminating party may have under applicable law.

Appears in 1 contract

Sources: International Marketing and Distribution Agreement (Genius Products Inc)

Upon Breach. Any Either party may terminate this Agreement upon 30 days notice to the other parties party upon the material breach by another the other party of any of its material representations, warranties, covenants or obligations under this Agreement. Upon the expiration of such notice period, this Agreement shall terminate without the need for further action by any either party, provided, however, that if the breach upon which such notice of termination is based shall have been fully cured to the reasonable satisfaction of the non-breaching party within such 30-day notice period, then such notice of termination shall be deemed rescinded. Such right of termination shall be in addition to such other rights and remedies as the terminating party may have under applicable law.

Appears in 1 contract

Sources: Marketing and Distribution Agreement (Cirtran Corp)

Upon Breach. Any Either party may terminate this Agreement upon 30 45 days notice to the other parties party upon the material breach by another the other party of any of its material representations, warranties, covenants or obligations under this Agreement. Upon the expiration of such notice period, this Agreement shall terminate without the need for further action by any either party, provided, however, that if the breach upon which such notice of termination is based shall have been fully cured to the reasonable satisfaction of the non-breaching party within such 30-day notice period, then such notice of termination shall be deemed rescinded. Such right of termination shall be in addition to such other rights and remedies as the terminating party may have under applicable law.such

Appears in 1 contract

Sources: Marketing and Distribution Agreement (Cirtran Corp)