Common use of For Default Clause in Contracts

For Default. In the event that either party materially or repeatedly fails to perform any of its material duties or obligations pursuant to this Agreement and such failure is not cured within 30 days after written notice to such party specifying the nature of such material or repeated failure, the other party may terminate this Agreement upon notice of such termination to the defaulting party.

Appears in 1 contract

Samples: Transition Services Agreement (Plainwell Inc)

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For Default. In the event that If either party materially or repeatedly fails to perform any of its material duties or obligations pursuant to this Agreement and such failure is not cured within 30 twenty (20) days after written notice to such party specifying the nature of such material or repeated failure, the other party may terminate this Agreement upon further notice of such termination to the defaulting party.

Appears in 1 contract

Samples: Transition Services Agreement (Ener1 Inc)

For Default. In the event that either party materially or repeatedly fails to perform perform, in any material respect, any of its material duties or obligations pursuant to this Agreement and such failure is not cured within 30 days after written notice to such party specifying the nature of such material or repeated failure, the other party may terminate this Agreement immediately upon further notice of such termination to the defaulting party.

Appears in 1 contract

Samples: Transition Services Agreement (Standard Microsystems Corp)

For Default. In the event that either party materially or repeatedly fails to perform perform, in any material respect, any of its material duties or obligations pursuant to this Agreement and such failure is not cured within 30 days after written notice to such party specifying the nature of such material or repeated failure, the other party may terminate this Agreement immediately upon further notice of such termination to the defaulting party.

Appears in 1 contract

Samples: Transition Services Agreement (Standard Microsystems Corp)

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For Default. In the event that either party materially or repeatedly fails to perform any of its material duties or obligations pursuant to this Agreement and such failure is not cured within 30 days after written notice to such party specifying the nature of such material or repeated failure, the other party may terminate this Agreement upon notice of such termination to the defaulting party.

Appears in 1 contract

Samples: Transition Services Agreement (Plainwell Inc)

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