Common use of For Material Breach Clause in Contracts

For Material Breach. Aptein may terminate the License Rights in the event Genzyme shall have materially breached or defaulted in the performance of any of its material obligations hereunder relating to the License Rights, including without limitation the failure to make when due a payment required under Sections 4.5 or 4.6, and such default is not cured within [***] after written notice thereof was received by Genzyme from Aptein. Any termination shall become effective at the end of such [***] period unless Genzyme (or any other party on its behalf) shall have cured any such breach or default prior to the expiration of the [***].

For Material Breach. Aptein may terminate the License ------------------- Rights in the event Genzyme shall have materially breached or defaulted in the performance of any of its material obligations hereunder relating to the License Rights, including without limitation the failure to make when due a payment required under Sections 4.5 or 4.6, and such default is not cured within with [***] after written notice thereof was received by Genzyme from Aptein. Any termination shall become effective at the end of such [***] period unless Genzyme (or any other party on its behalf) shall have cured any such breach or default prior to the expiration of the [***].