Common use of Contents of Termination Notice Clause in Contracts

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).

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 7 days is a reasonable grace period).

Contents of Termination Notice. A Termination Notice shall specify: (a) the nature of the relevant Event of DefaultDefault or other matter entitling termination under Clause 6.4.1 or 6.4.2 as the case may be; (b) a the date and time, which shall be reasonable in the circumstances, time at which termination is to take effect, which in the case of any notice shall not be earlier than the expiry of any relevant grace period under Clause 6.4.3(c)(ii); 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 (and where the Event of Default is a failure of the Train Operator Beneficiary to pay Track Charges or other amounts duethe Access Charge, seven days is shall be a reasonable grace periodperiod unless otherwise agreed).

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 Freight Customer to procure the payment of Track Charges, or pay Track Charges or any other amounts due, seven days is a reasonable grace period).

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 Freight Customer to procure the payment of Track Charges, or pay Track Charges or any other amounts due, seven 7 days is a reasonable grace period).

Contents of Termination Notice. A Termination Notice shall specify: (a) the nature of the relevant Event of Default;Default;‌ (b) a date and time, which shall be reasonable in the circumstances, at which termination is to take effect; andand‌ (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:remedy:‌ (i) the steps which the party serving the Termination Notice believes are reasonably required to remedy the Event of Default; andand‌ (ii) a reasonable grace period within which such steps may be taken (where the Event of Default is a failure of the Train Train‌ Operator to pay Track Charges or other any amounts due, seven 7 days is a reasonable grace period).

Contents of Termination Notice. A Termination Notice shall specify: (a) the nature of the relevant Event of Default;Default;‌ (b) a date and time, which shall be reasonable in the circumstances, at which termination is to take effect; andand‌ (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:remedy:‌ (i) the steps which the party serving the Termination Notice believes are reasonably required to remedy the Event of Default; andand‌‌ (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 7 days is a reasonable grace period).period).‌

Contents of Termination Notice. ‌ A Termination Notice shall specify: (a) the nature of the relevant Event of Default;Default or other matter entitling termination under Clause 6.4.1 or 6.4.2 as the case may be;‌ (b) a the date and time, which shall be reasonable in the circumstances, time at which termination is to take effect, which in the case of any notice shall not be earlier than the expiry of any relevant grace period under Clause 6.4.3(c)(ii); andand‌ (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:remedy:‌ (i) the steps which the party serving the Termination Notice believes are reasonably required to remedy the Event of Default; andand‌‌ (ii) a reasonable grace period within which such steps may be taken (and where the Event of Default is a failure of the Train Operator Beneficiary to pay Track Charges or other amounts duethe Access Charge, seven days is shall be a reasonable grace period).period unless otherwise agreed).‌

Contents of Termination Notice. A Termination Notice shall specify: (a) the nature of the relevant Event of Default;Default;‌ (b) a date and time, which shall be reasonable in the circumstances, at which termination is to take effect; andand‌ (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:remedy:‌ (i) the steps which the party serving the Termination Notice believes are reasonably required to remedy the Event of Default; andand‌ (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).period).‌

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 7 days is a reasonable grace period).

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 CRL to pay Track Charges or other amounts due, seven days is a reasonable grace period).