Common use of Correction of Violations Clause in Contracts

Correction of Violations. Notwithstanding any provisions in this Agreement to the contrary, if Licensee violates Applicable Law or the Rules and Regulations, Licensee shall immediately cure any and all violations and immediately pay any and all costs, fines and/or penalties attributable to all such violation(s). If Licensee fails to cure said violation(s), the University may, at its sole discretion and in addition to any other remedy provided for default by Licensee hereunder, cure the violation(s) and be reimbursed by Licensee upon demand for the reasonable costs of such cure. The University's election to cure one or more of such violations shall not in any way relieve Licensee of paying any and all costs, fines, and/or penalties attributable to any such violation.

Correction of Violations. Notwithstanding any provisions in this Agreement to the contrary, if Licensee violates Applicable Law or the University Rules and Regulations, Licensee shall immediately cure any and all violations and immediately pay any and all costs, fines and/or penalties attributable to all such violation(s). If Licensee fails to cure said violation(s), the University may, at its sole discretion and in addition to any other remedy provided for default by Licensee hereunder, cure the violation(s) and be reimbursed by Licensee upon demand for the reasonable costs of such cure. The University's election to cure one or more of such violations shall not in any way relieve Licensee of paying any and all costs, fines, and/or penalties attributable to any such violation.