Common use of Breach Notice Clause in Contracts

Breach Notice. If any Event of Default occurs as described in Section 2.4 hereof (other than an Event of Default specified in paragraph (f) of Section 2.4), the Seller shall provide written notice of such Event of Default and shall permit the Purchaser thirty (30) days after dispatch of such notice in which to cure such Event of Default. If the Seller breaches any obligation under this Agreement, the Purchaser shall provide written notice of such breach and shall permit the Seller thirty (30) days in which to cure such breach.

Appears in 4 contracts

Samples: Asset Purchase and Trademark Assignment Agreement, Asset Purchase and Trademark Assignment Agreement (Targacept Inc), Asset Purchase and Trademark Assignment Agreement (Targacept Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.