Common use of Contractor Event of Default Clause in Contracts

Contractor Event of Default. Any non-performance by the Contractor, which is not cured within a specified period after receipt of written notice thereof by the State may constitute a default. At the State’s exclusive discretion, the period afforded for cure may be extended so long as Contractor institutes satisfactory performance and thereafter diligently and continuously pursues satisfactory performance.

Contractor Event of Default. Any non-performance by the Contractor, which is not cured within a specified period at least 30 days after receipt of written notice thereof by the State State, may constitute a default. At the State’s exclusive discretion, the period afforded for cure may be extended so long as Contractor institutes satisfactory performance and thereafter diligently and continuously pursues satisfactory performance.