Right to Adequate Assurance. When reasonable grounds for insecurity arise with respect to Subcontractor’s performance, Contractor may in writing demand adequate assurance of due performance. Subcontractor’s failure to provide within fifteen (15) days of the demand such assurance of due performance as is adequate under the circumstances of the particular case is a default under Section 14.1.2 of this Agreement.
Right to Adequate Assurance. Principal reserves the right to request adequate assurance of future performance of obligations arising from this Agreement if there are reasonable grounds for insecurity, or grounds for Principal to believe that Agent may breach the Agreement, or that Agent may be unable to perform the terms as set forth in the Agreement. To exercise this right, Principal must request adequate assurance in writing and Agent must be given at least 10 business days to respond, from the date that the request is sent. If no response is timely received, then the parties hereby agree and acknowledge that such non-response or silence shall be deemed as Agent’s anticipatory repudiation of the Agreement, entitling Principal to claim damages for total breach. In the event that Principal prevails on its claims pursuant to this clause, Agent shall be liable for Principal’s court costs and attorney’s fees.
Right to Adequate Assurance. If, at any time during Subcontractor's performance of the Work under this Agreement, XYZ has what XYZ, in its sole discretion, believes to be reasonable grounds for insecurity with respect to Subcontractor's performance, XYZ may, at its election, give Subcontractor written demand for adequate assurance of due performance. Such demand shall be issued and considered received in accordance with Section 25, Notices, If Subcontractor fails to provide such assurance that is reasonably acceptable to XYZ within ten
