Common use of MATERIAL BREACH OR DEFAULT Clause in Contracts

MATERIAL BREACH OR DEFAULT. If either Party commits a material breach or default in the performance of such Party’s obligations under this Agreement, the aggrieved Party shall have the right to give the breaching or defaulting Party written notice of breach or default, including a statement of the facts relating to the material breach or default. If the material breach or default is not cured within thirty (30) days after the breaching or defaulting Party’s receipt of such notice (or such later date as may be specified in such notice), the aggrieved non-breaching and non-defaulting Party, at its option, shall have the right to elect to terminate this Agreement on written notice to the other Party at any time thereafter while the breach or default remains uncured. In addition, Internet2 shall have the right to terminate this Agreement on thirty

MATERIAL BREACH OR DEFAULT. If either Party commits a material breach or of default in the performance of such Party’s obligations under this Agreement, the aggrieved Party shall have the right to give the breaching or defaulting Party written notice of breach or default, including a statement of the facts relating to the material breach or default. If the material breach or default is not cured within thirty (30) days after the defaulting or breaching or defaulting Party’s receipt of such notice (or such later date as may be specified in such notice), the aggrieved non-breaching non‐defaulting and non-defaulting non‐breaching Party, at its option, shall have the right to elect to terminate this Agreement on written notice to the other Party at any time thereafter while the breach or default remains uncured. In addition, Internet2 shall have the right to terminate this Agreement on thirty.