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Consultation Notice Sample Clauses

Consultation Notice. Either Party exercising its right under Section 15.2, shall issue to the other Party a notice in writing specifying in reasonable detail the underlying Event of Default(s) and proposing consultation amongst the Parties and the Lenders to consider possible measures of curing or otherwise dealing with the underlying Event of Default (the “Consultation Notice”).
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Consultation Notice. Remedial Process .............................................................................................................................
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Consultation Notice. Either Party exercising its right under Article 15.2, shall issue to the other Party a notice in writingspecifying in reasonabledetailtheunderlying Event of Default(s) andproposingconsultation amongstthe Parties and the SeniorLendersto considerpossiblemeasuresof curing or otherwisedealingwiththeunderlying Event of Default (“Consultation Notice”).
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Consultation Notice. (a) Following receipt of the Restructuring Notice, the ECA Facility Agent shall consult with the Export Credit Agencies and the National Agents. (b) If any Party intends to discuss further the Restructuring Plan with the Head Lessee following the Restructuring Notice, such Party shall notify the ECA Facility Agent (any such notice a Consultation Notice). (c) No Party or Export Credit Agency shall be under any obligation to agree or incur any liability for failure to agree, to any course of action or inaction recommended or proposed by, any Party or Export Credit Agency.
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Consultation Notice. A. In the event that the EMPLOYER determines that layoffs are necessary, the EMPLOYER agrees to meet with the ASSOCIATION Local President and representatives prior to effectuating layoffs and discuss alternatives, such as but not limited to, voluntary leave, job sharing, sabbatical leaves, and early retirement to such layoffs, and the effects of the layoffs. Failure of the ASSOCIATION to provide at least eight (8) work days' notice of its desire to meet for the purpose stated above, shall absolve the EMPLOYER of its requirement to meet. The Human Resources Director shall notify the ASSOCIATION Local President and ASSOCIATION Attorney and/or Business Agent as soon as practicable of final layoffs. However, nothing shall preclude the EMPLOYER from laying off employees. B. The laid off employee and the Local President and General Counsel and Business Agent shall be given at least ten (10) work days' prior notice of the layoff. Notice will be given to the employee in writing or sent by certified mail to the employee's last known address in the personnel file. This ten (10) work days' prior notice shall not apply to employees being laid off due to being bumped. The layoff notice shall include notice to the employee of persons with less seniority in his/her seniority group.
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Consultation Notice. In case of any event of defaults as stated above on either party, the same shall be communicated through a consultation notice detailing wherever there was breach of the terms of this agreement, the remedial period as explained below shall be detailed therein and the consultation meeting within 15 days of such communication of event of default. The parties agree to communicate such event of default if any traced during the course of continuity of business, within a week of the date of such trace.
Sample 1
Consultation Notice. If, pursuant to Clause 4.3(c) (First Notice), a Consultation Notice is received within the Request Period, then: (i) the Majority Senior Creditors desiring to take the relevant Enforcement Action, shall request a meeting or conference call with the Stream Purchasers which gave the Consultation Notice, with that meeting or conference call to be held within 14 calendar days after the Consultation Notice is received; (ii) the Majority Senior Creditors and the relevant Stream Purchasers (the "Consulting Parties") shall, at the meeting or conference call and for a period of ten (10) Business Days thereafter, strive to develop a plan for any enforcement of the Transaction Security (including, among other things, bidder selection, documentation to be shared with bidders and bid valuation methodology) that is acceptable to all those present; (iii) if the Consulting Parties fail to agree on a plan for taking the relevant Enforcement Action by the end of such ten (10) Business Day period, they shall negotiate in good faith for a further period of 30 calendar days, and if the Consulting Parties fail to reach agreement at the end of that further period, the relevant Majority Senior Creditors shall be entitled to take the relevant Enforcement Action as originally proposed; and (iv) in any event and notwithstanding the outcome of the aforementioned consultation, the Senior Creditors shall additionally consult with: (A) prior to the Stream Security Release Date having occurred in respect of all Initial Stream Agreements, the Stream Purchaser(s) in respect of each Initial Stream Agreement; or
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Consultation Notice. 4.3(n) Disposed Businesses....................................... 2.15
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Consultation Notice. 14.5.1. Either Party exercising its right under Clause 14.4, shall issue to the other Party a notice in writing specifying in reasonable detail the underlying Event of Default(s) and proposing consultation amongst the Parties, the Lenders, if any, to consider possible measures of curing or otherwise dealing with the underlying Event of Default (“Consultation Notice”) 14.6. Remedial Process 14.6.1. Following the issue of Consultation Notice by either Party, within a period of 15 (fifteen) Days or extended period thereafter or such extended period as the Parties may agree (“Remedial Period”) the Parties shall endeavour to arrive at an agreement as to the manner of rectifying or remedying the underlying Event of Default.
Sample 1

Related to Consultation Notice

  • Termination Notice If either Party, having become entitled to do so, decides to terminate this Agreement pursuant to the preceding Clause 8.2 (a) (i) or 8.2 (a) (ii), it shall issue Termination Notice setting out: (i) in sufficient detail the underlying Force Majeure Event; (ii) the Termination Date which shall be a date occurring not earlier than 60 (sixty) days from the date of Termination Notice; (iii) the estimated Termination Payment including the details of computation thereof and; (iv) any other relevant information.

  • Legal Action Notice A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and

  • Dispute Notice If there is a dispute between the parties, then either party may give a notice to the other succinctly setting out the details of the dispute and stating that it is a dispute notice given under this clause 17.1.

  • Termination Warning Notice B The Secretary of State may serve a Termination Warning Notice where he considers that:

  • Negotiation Period The Parties shall negotiate in good faith and attempt to resolve any dispute, controversy or claim arising out of or relating to this Agreement (a “Dispute”) within 30 days after the date that a Party gives written notice of such Dispute to the other Party.

  • CAFA Notice Pursuant to 28 U.S.C. § 1715, not later than ten (10) days after the Agreement is filed with the Court, the Settlement Administrator shall cause to be served upon the Attorneys General of each U.S. State in which Settlement Class members reside, the Attorney General of the United States, and other required government officials, notice of the proposed settlement as required by law, subject to Paragraph 5.1 below.

  • Termination Event; Notice (a) The Purchase Contracts and all obligations and rights of the Company and the Holders thereunder, including the Holders’ obligation and right to purchase and receive shares of Common Stock and to receive accrued and unpaid Contract Adjustment Payments (including any deferred Contract Adjustment Payments (including Compounded Contract Adjustment Payments thereon)), shall immediately and automatically terminate, without the necessity of any notice or action by any Holder, the Purchase Contract Agent or the Company, if, prior to or on the Purchase Contract Settlement Date, a Termination Event shall have occurred. In the event of such a termination of the Purchase Contracts as a result of a Termination Event, Holders of such Purchase Contracts will not have a claim in bankruptcy under the Purchase Contract with respect to the Company’s issuance of shares of Common Stock or the right to receive Contract Adjustment Payments. (b) Upon and after the occurrence of a Termination Event, the Units shall thereafter represent the right to receive the Notes (or security entitlements with respect thereto) underlying the Applicable Ownership Interests in Notes, the Treasury Securities or the Applicable Ownership Interests in the Treasury Portfolio, as the case may be, forming part of such Units, and any other Collateral, in each case, in accordance with the provisions of Section 3.15. Upon the occurrence of a Termination Event, (i) the Company shall promptly thereafter give written notice to the Purchase Contract Agent, the Collateral Agent and the Holders, at their addresses as they appear in the Security Register and (ii) the Collateral Agent shall, in accordance with Section 3.15, release the Notes (or security entitlements with respect thereto) underlying the Pledged Applicable Ownership Interests in Notes or the Applicable Ownership Interests in the Treasury Portfolio (as specified in clause (i) of the definition of Applicable Ownership Interest in the Treasury Portfolio) forming a part of each Corporate Unit or the Treasury Securities forming a part of each Treasury Unit, as the case may be, and any other Collateral from the Pledge.

  • Contents of Termination Notice A Termination Notice shall specify: (a) the nature of the relevant Event of Default; (b) a date and time, which shall be reasonable in the circumstances, at which termination is to take effect; and (c) whether the party serving the Termination Notice reasonably considers that the Event of Default is capable of remedy, and where the relevant Event of Default is capable of remedy: (i) the steps which the party serving the Termination Notice believes are reasonably required to remedy the Event of Default; and (ii) a reasonable grace period within which such steps may be taken (where the Event of Default is a failure of the Train Operator to pay Track Charges or other amounts due, seven days is a reasonable grace period).

  • Arbitration Notice BY INITIALING IN THE SPACE BELOW YOU ARE AGREEING TO HAVE ANY DISPUTE ARISING OUT OF THE MATTERS INCLUDED IN THE "ARBITRATION OF DISPUTES" PROVISION DECIDED BY NEUTRAL ARBITRATION AS PROVIDED BY CALIFORNIA LAW AND YOU ARE GIVING UP ANY RIGHTS YOU MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN COURT OR JURY TRIAL. BY INITIALING IN THE SPACE BELOW YOU ARE GIVING UP YOUR JUDICIAL RIGHTS TO DISCOVERY AND APPEAL, UNLESS SUCH RIGHTS ARE SPECIFICALLY INCLUDED IN THE "ARBITRATION OF DISPUTES" PROVISION. IF YOU REFUSE TO SUBMIT TO ARBITRATION AFTER AGREEING TO THIS PROVISION, YOU MAY BE COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE CALIFORNIA CODE OF CIVIL PROCEDURE. YOUR AGREEMENT TO THIS ARBITRATION PROVISION IS VOLUNTARY.

  • Termination Notice and Procedure Any Covered Termination by the Company or the Executive (other than a termination of the Executive’s employment that is a Covered Termination by virtue of Section 2(b)) shall be communicated by a written notice of termination (“Notice of Termination”) to the Executive, if such Notice is given by the Company, and to the Company, if such Notice is given by the Executive, all in accordance with the following procedures and those set forth in Section 23: (a) If such termination is for disability, Cause or Good Reason, the Notice of Termination shall indicate in reasonable detail the facts and circumstances alleged to provide a basis for such termination. (b) Any Notice of Termination by the Company shall have been approved, prior to the giving thereof to the Executive, by a resolution duly adopted by a majority of the directors of the Company (or any successor corporation) then in office. (c) If the Notice is given by the Executive for Good Reason, the Executive may cease performing his duties hereunder on or after the date fifteen days after the delivery of Notice of Termination and shall in any event cease employment on the Termination Date. If the Notice is given by the Company, then the Executive may cease performing his duties hereunder on the date of receipt of the Notice of Termination, subject to the Executive’s rights hereunder. (d) The Executive shall have thirty days, or such longer period as the Company may determine to be appropriate, to cure any conduct or act, if curable, alleged to provide grounds for termination of the Executive’s employment for Cause under this Agreement pursuant to Section 1(f)(iii). (e) The recipient of any Notice of Termination shall personally deliver or mail in accordance with Section 23 written notice of any dispute relating to such Notice of Termination to the party giving such Notice within fifteen days after receipt thereof; provided, however, that if the Executive’s conduct or act alleged to provide grounds for termination by the Company for Cause is curable, then such period shall be thirty days. After the expiration of such period, the contents of the Notice of Termination shall become final and not subject to dispute.

Most Referenced Clauses

Most Referenced Definitions