Common use of ALTISOURCE’S RIGHT TO CURE Clause in Contracts

ALTISOURCE’S RIGHT TO CURE. For the avoidance of doubt, with respect to all termination rights granted Residential in this Section 6.2 except for those in Section 6.2.2.1, if Altisource has cured the underlying event or circumstance giving rise to written notice of the same, within the time period specified above, Residential may not terminate this Agreement or the applicable Service or SOW. Furthermore, if Altisource is unable to effect a cure of the event or circumstance occurring under Section 6.2 within the time period specified, despite a good faith effort to effect such cure, Residential shall allow Altisource such additional time as reasonably required to effect such cure without termination of this Agreement or the applicable Service or SOW, but in no event shall such additional time exceed ninety (90) days unless otherwise agreed by the Parties.

Appears in 5 contracts

Samples: Master Services Agreement (Altisource Portfolio Solutions S.A.), Master Services Agreement (Altisource Residential Corp), Master Services Agreement (Altisource Residential Corp)

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