Licensor Default. Licensor shall be in default if Licensor breaches any term, covenant, or condition of this Agreement. Angel shall give Licensor written notice of any claimed default and if the default is capable of cure, then Licensor shall have thirty (30) days after its receipt to cure any default. If the default is incapable of cure, or if Licensor fails to cure within the time provided, then Angel may terminate this Agreement upon written notice to Licensor. Without limiting the foregoing, in the event Licensor is in breach of the representations and warranties given in Paragraph 9, Angel shall have the right to terminate this Agreement. Any claim arising out of or related to this Agreement or the interpretation, performance, or breach hereof, including but not limited to alleged violations of state or federal statutory or common law rights or duties shall be resolved solely and exclusively by final and binding arbitration in accordance to the JAMS Arbitration Rules and Procedures.
Appears in 2 contracts
Sources: Services Agreement (Angel Studios 024, Inc.), Picture Services Agreement (Angel Studios 024, Inc.)