Common use of Causes of Termination Clause in Contracts

Causes of Termination. 15.1 The LESSOR can terminate this AGREEMENT, regardless of the causes established by the law, due to the causes established in section 15.2 below; provided however in the event of default, the LESSOR shall notify LESSEE in writing that it is not complying with an obligation of LESSEE under this AGREEMENT and LESSEE will have a term of 30 (thirty) calendar days as of the day in which it received such notice to remedy such default.

Appears in 3 contracts

Samples: Lease Agreement (Gaming Partners International CORP), Lease Agreement (Gaming Partners International CORP), Lease Agreement (Gaming Partners International CORP)

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Causes of Termination. 15.1 15.1. The LESSOR can terminate this AGREEMENT, regardless of the causes established by the law, due to the causes established in section Section 15.2 below; provided however provided, however, in the event of default, the LESSOR shall notify LESSEE in writing that it is not complying with an obligation of LESSEE under this AGREEMENT and LESSEE will have a term of 30 (thirty) calendar days as of the day in which it received such notice to remedy such default.

Appears in 1 contract

Samples: Lease Agreement (Paul Son Gaming Corp)

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