Common use of Cure Defaults Clause in Contracts

Cure Defaults. Notwithstanding anything in this Agreement to the contrary, if either Party (a “Defaulting Party”) is in default of any requirement herein set forth, the Party affected by such default shall give written notice to the Defaulting Party specifying the default and the Defaulting Party shall not lose any rights under this Agreement, unless 30 days after the giving of notice of default by the affected Party, the Defaulting Party has failed to take reasonable steps to cure the default by the appropriate performance, and if the Defaulting Party fails within such period to take reasonable steps to cure any such default, the affected Party shall be entitled to seek any remedy it may have on account of such default including, without limitation, termination of this Agreement.

Cure Defaults. Notwithstanding anything in this Agreement to the contrary, contrary if either Party any party (a “Defaulting Party”) is in default of any requirement herein set forth, the Party affected by such default shall give written notice to the Defaulting Party specifying the default and the Defaulting Party shall not lose any rights under this Agreement, unless 30 days after the giving of notice of default by the affected Partyparty, the Defaulting Party has failed to take reasonable steps to cure the default by the appropriate performance, and if the Defaulting Party fails within such period to take reasonable steps to cure any such default, the affected Party party shall be entitled to seek any remedy it may have on account of such default including, without limitation, termination of this Agreement.