Common use of Expiration and Termination Clause in Contracts

Expiration and Termination. The Agreement shall terminate upon its expiration or upon a default not otherwise cured if a default by one party occurs, the other party may also terminate this Agreement by giving written notice of termination to the other party based upon that party’s failure to cure the default as herein provided.

Expiration and Termination. The Agreement shall terminate upon its expiration or upon a default not otherwise cured if cured. If a default by one party occurs, the other party may also terminate this Agreement by giving written notice of termination to the other party based upon that party’s failure to cure the default as herein provided.