Common use of Concurrent Notices Clause in Contracts

Concurrent Notices. If IFA and Developer deliver concurrent Notices of conditional election to terminate under this Section 20.2, Developer’s Notice shall prevail. Notices shall be deemed to be concurrent if each Party sends its Notice before actually receiving the Notice from the other Party. Knowledge of the other Party’s Notice obtained prior to actual receipt of the Notice shall have no effect on determining whether concurrent Notice has occurred.

Appears in 1 contract

Samples: Public Private Agreement

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Concurrent Notices. If IFA the Department and Developer deliver concurrent Notices written notices of conditional election to terminate under this Section 20.2terminate, Developer’s Notice notice shall prevail. Notices shall be deemed to be concurrent if each Party sends its Notice written notice before actually receiving the Notice written notice from the other Party. Knowledge of the other Party’s Notice written notice obtained prior to actual receipt of the Notice notice shall have no effect on determining whether concurrent Notice notice has occurred.

Appears in 1 contract

Samples: Concession Agreement

Concurrent Notices. If In the event IFA and Developer deliver concurrent written Notices of conditional election to terminate under this Section 20.2, Developer’s Notice shall prevail. Notices shall be deemed to be concurrent if each Party sends its written Notice before actually receiving the written Notice from the other Party. Knowledge of the other Party’s written Notice obtained prior to actual receipt of the Notice shall have no effect on determining whether concurrent Notice has occurred.

Appears in 1 contract

Samples: Public Private Agreement

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Concurrent Notices. If IFA and Developer deliver concurrent Notices of conditional election to terminate under this Section 20.2, Developer’s Notice shall prevail. Notices shall be deemed to be concurrent if each Party sends its Notice before actually receiving the Notice from the other Party. Knowledge of the other Party’s Notice obtained prior to actual receipt of the Notice shall have no effect on determining whether concurrent Notice has occurred.

Appears in 1 contract

Samples: Public Private Agreement

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