Common use of Curable and Incurable Defaults Clause in Contracts

Curable and Incurable Defaults. Time-sensitive defaults (e.g., failure to meet deadlines) are not curable unless the Institution, in its sole and absolute discretion, extends the deadline. Such extension, however, does not relieve Company of liability for any damages the Institution may suffer. Company shall cure any default that is not time-sensitive with ten (10) calendar days after Company is given notice of the default.

Appears in 16 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Professional Services Agreement

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