Common use of Default Provisions and Remedies Clause in Contracts

Default Provisions and Remedies. 14.1 Each of the following shall be deemed an Event of Default by LICENSEE under this Agreement: 14.1.1 Failure of LICENSEE to pay the license fee or any other sum required to be paid under the terms of this Agreement and such default continues for a period of fourteen (14) days after written notice thereof to LICENSEE; 14.1.2 Failure by LICENSEE to perform or observe any other terms, covenant, agreement or condition of this Agreement on the part of LICENSEE to be performed and such default continues for a period of thirty

Appears in 1 contract

Sources: Master Service Agreement for Dark Fiber Licensing

Default Provisions and Remedies. 14.1 18.1 Each of the following shall be deemed an Event of Default by LICENSEE under this Agreement: 14.1.1 18.1.1 Failure of LICENSEE to pay the license fee or any other sum required to be paid under the terms of this Agreement and such default continues for a period of fourteen (14) days after written notice thereof to LICENSEE; 14.1.2 18.1.2 Failure by LICENSEE to perform or observe any other terms, covenant, agreement or condition of this Agreement on the part of LICENSEE to be performed and such default continues for a period of thirty

Appears in 1 contract

Sources: Master Service Agreement for Dark Fiber Licensing