Common use of Process for Termination Clause in Contracts

Process for Termination. If the material breach is so cured within the remainder of the cure period, whether without or after the procedure set forth in Section 12.3(b), then this Agreement will remain in full force and effect. If the material breach is not cured within the remainder of the cure period or settled pursuant to Section 12.3(b), then, within thirty (30) days after the end of such cure period, the Non-Breaching Party shall send written notice to the Breaching Party advising of the termination of this Agreement in the applicable country in accordance with this Section 12.3(c).

Appears in 2 contracts

Sources: Assignment, License, and Collaboration Agreement (Journey Medical Corp), Assignment, License, and Collaboration Agreement (Journey Medical Corp)