Default Generally. Material default by Seller in any material obligation hereunder owed by Seller to Buyer. Notwithstanding the above, Buyer may terminate pursuant to Subsections (a), (b), (c) or (d) above only if Seller has failed to cure such default within sixty (60) days after written notice thereof has been received by Seller.
Appears in 2 contracts
Sources: Development Agreement (Active Power Inc), Phase Ii Development and Phase Iii Feasibility Study Agreement (Active Power Inc)