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:

Appears in 24 contracts

Samples: Track Access Contract, Track Access Contract, Track Access Contract

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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:

Appears in 5 contracts

Samples: Track Access Contract, Track Access Contract, Track Access Contract

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

Appears in 1 contract

Samples: Track Access Contract

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Contents of Termination Notice. A Termination Notice shall specify: (a) the nature of the relevant Event of DefaultDefault or other matter entitling termination under paragraphs 3.1 or 3.2 as the case may be; (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 where the Event of Default is capable of remedy, and where the relevant Event of Default is capable of remedy:

Appears in 1 contract

Samples: Facility Track Access Contract

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