Defaults Remedies and Termination. .. 6 Section 6.1 Xxxxx R&M's Right to Terminate.................................. 6 Section 6.2 Xxxxx Company's Right to Terminate.............................. 6 Section 6.3 Right to Terminate and Other Remedies of the Xxxxx Company...... 6 Section 6.4
Defaults Remedies and Termination. 14.1 Either party may terminate this Agreement immediately by sending written notice if the other party becomes insolvent, or becomes the subject of any proceeding seeking relief, reorganization, or rearrangement under any laws relating to bankruptcy or insolvency, or upon any assignment for the benefit of creditors, or upon the appointment of a receiver, liquidator, or trustee of any of its property or assets, or upon the liquidation, dissolution, or winding up of its business.
Defaults Remedies and Termination. A. [s501] Defaults - General Subject to the extensions of time set forth in Section 604, failure or delay by either party to perform any term or provision of this Agreement constitutes a default under this Agreement. The party who so fails or delays must immediately commence to cure, correct or remedy such failure or delay and shall complete such cure, correction or remedy with reasonable diligence and during any period of curing shall not be in default. The injured party shall give written notice of default to the party in default specifying the default complained of by the injured party. Except as required to protect against further damages, and except as otherwise expressly provided in Sections 507 and 508 of this Agreement, the injured party may not institute proceedings against the party in default until thirty (30) days after giving such notice. Failure or delay in giving such notice shall not constitute a waiver of any default nor shall it change the time of default. Except as otherwise expressly provided in this Agreement, any failure or delay by either party in asserting any of its rights or remedies as to any default shall not operate as a waiver' of any default or of any such rights or remedies or deprive such party of its right to institute and maintain any actions or proceedings which it may deem necessary to protect, assert or enforce any such rights or remedies.
Defaults Remedies and Termination. Section 6.1 Xxxxx R&M's Right to Terminate. A material failure of ------------------------------ the Xxxxx Company to deliver the Products substantially in accordance with the terms contained herein, which remains uncured for a period of sixty (60) consecutive days, shall constitute a Xxxxx Company default hereunder. If a Xxxxx Company default occurs and is continuing, Xxxxx R&M after having given the Xxxxx Company and the Financing Parties ninety (90) days prior written notice may terminate this Product Purchase Agreement upon Xxxxx Company's and/or the Financing Parties' subsequent failure to cure such default within such ninety (90) day cure period.
Defaults Remedies and Termination. 9.1 The Distributor may terminate this Agreement at any time by sending written notice to the Company, but under no circumstances will any money be refunded.
Defaults Remedies and Termination. 701. Defaults. Occurrence of any of the following (a “Breach”) shall, after the giving of the notice required by Section 702, constitute a default (“Default(s)”) under this Agreement by the non-performing Party:
Defaults Remedies and Termination. SECTION 401. DEFAULTS - GENERAL Subject to the extensions of time set forth in Section 505, failure or delay by any party to perform any term or provision of this Agreement constitutes a default under this Agreement. Except as provided in Section 201 above, the party who so fails or delays must immediately commence to cure, correct, or remedy such failure or delay, and shall complete such cure, correction or remedy with reasonable diligence. A nondefaulting party shall give written notice of default to the party in default, specifying the default complained of by the injured party. Failure or delay in giving such notice shall not constitute a waiver of any default, nor shall it change the time of default. Except as otherwise expressly provided in this Agreement, any failure or delay by any party in asserting any of its rights or remedies as to any default, shall
Defaults Remedies and Termination. SECTION 1001 DEFAULT
Defaults Remedies and Termination. 8.1 The Region Owner may terminate this Agreement at any time by sending written notice to the Company.
Defaults Remedies and Termination. 38 Section 11.1. Events of Default . . . . . . . . . . . . . . . . . . . . .38 SECTION 12. INTERPRETATION OF AGREEMENT . . . . . . . . . . . . . . . . . . . .40
