Common use of Contents of Suspension Notice Clause in Contracts

Contents of Suspension Notice. A Suspension Notice shall specify: (a) the nature of the relevant Event of Default; (b) the date and time at which suspension is to take effect; (c) in the case of a Suspension Notice served on the Train Operator, reasonable restrictions imposed on the permission to use the Facility or any parts of it while the Suspension Notice is in force; (d) in the case of a Suspension Notice served on ABP, details of any necessary suspension of the Services while the Suspension Notice is in force; (e) the steps reasonably required to remedy the Event of Default; and (f) a reasonable grace period for the defaulting party to remedy it (where the Event of Default is a failure by the Train Operator to pay any part of the Charges or other amounts due under this contract, seven days shall be a reasonable grace period).

Contents of Suspension Notice. A Suspension Notice shall specify: (a) the nature of the relevant Event of Default; (b) the date and time at which suspension is to take effect; (c) in the case of a Suspension Notice served on the Train Operator, reasonable restrictions imposed on the permission to use the Facility or any parts of it while the Suspension Notice is in force; (d) in the case of a Suspension Notice served on ABPthe Facility Owner, details of any necessary suspension of the Train Services while the Suspension Notice is in force; (e) the steps reasonably required to remedy the Event of Default; and (f) a reasonable grace period for the defaulting party to remedy it (where the Event of Default is a failure by the Train Operator to pay any part of the Charges or other amounts due under this contract, seven days shall be a reasonable grace period).

Contents of Suspension Notice. A Suspension Notice shall specify: (a) the nature of the relevant Event of Default; (b) the date and time at which suspension is to take effect; (c) in the case of a Suspension Notice served on the Train OperatorRail for London, reasonable restrictions imposed on the permission to use the Facility or any parts of it while the Suspension Notice is in force; (d) in the case of a Suspension Notice served on ABPDBCi, details of any necessary suspension of the Services while the Suspension Notice is in force; (e) the steps reasonably required to remedy the Event of Default; and (f) a reasonable grace period for the defaulting party to remedy it (where the Event of Default is a failure by the Train Operator Rail for London to pay any part of the Charges or other amounts due under this contract, seven days shall be a reasonable grace period).