Common use of Failure to achieve a Milestone Clause in Contracts

Failure to achieve a Milestone. If Company fails to timely achieve any of the diligence milestones set forth on Schedule C (as it may be duly amended pursuant to Section 4.1.4), University may terminate this Agreement and the license(s) granted under this Agreement upon written notice to the Company, if the failure is not cured within thirty (30) days of receiving written notice thereof from University.

Failure to achieve a Milestone. If Company fails to timely achieve any of the diligence milestones set forth on Schedule C (as it may be duly amended pursuant to Section 4.1.44.1.5), University may terminate this Agreement and the license(s) granted under this Agreement upon written notice to the Company, if the failure is not cured within thirty (30) days of receiving written notice thereof from University.