Common use of Administrative remedies Clause in Contracts

Administrative remedies. (1) At its sole and absolute discretion, DIR may impose one of the following reme- dies for each Deficiency and/or Material Breach, and will determine the scope and severity of the remedy on a case-by-case basis: (A) Assess Credits in accordance with the terms of this CTSA; (B) Conduct accelerated monitoring of Vendor including more frequent or more extensive monitoring by DIR or its agents; (C) Require additional, more detailed, marketing and/or performance reports to be submitted by Vendor; (D) Decline to extend this CTSA and/or approve any or all new TEX-AN NG Customer Service Agreements or renew of any or all TEX-AN NG Cus- tomer Service Agreements; and/or (E) Terminate this CTSA in accordance with Section 11.03, provided, how- ever, that the right to terminate hereunder shall be limited to those in- stances where: 1) The Deficiency constitutes a Material Breach; 2) DIR gives Vendor written notice of such Material Breach and speci- fies a reasonable cure period; and 3) Vendor does not cure the Material Breach within the applicable cure period. (2) DIR will provide notice to Vendor of the imposition of an administrative remedy in accordance with this Section 11.02, with the exception of accelerated moni- toring, which may be unannounced. DIR may require Vendor to file a written response in accordance with this Section 11.02.