Default – Notice and Opportunity to Cure Sample Clauses

Default – Notice and Opportunity to Cure. If any Party fails to perform any obligation or make any payment in the required amount when due under this Agreement, any other Party may, without prejudice to any other right or remedy it may have under this Agreement, provide written notice of default to the nonperforming Party. If written notice of default is provided to a nonperforming Party, a copy of said notice will also be provided to every other Party. The nonperforming Party has 60 days from receipt of the notice within which to remedy the default.
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Default – Notice and Opportunity to Cure. Prior to declaring either Party in default of this Master Development Agreement under Section 5.1 above, the non-defaulting Party shall deliver to the defaulting Party written notice (herein referred to as the “Default Notice”) in sufficient detail to enable a reasonable person to determine the nature of the default and the steps necessary to cure the default. The defaulting Party shall have a period of (i) fifteen
Default – Notice and Opportunity to Cure. The default provisions of Sections 319 and 501 of the DDA are hereby incorporated in full into this Section 12. City shall give Owner and any Mortgagee and Tax Credit Equity Investors notice of such default and opportunity to cure in accordance with the terms of Sections 319 and 501 of the DDA.
Default – Notice and Opportunity to Cure. If any Party fails to perform any obligation or make any payment in the required amount when due under this Funding Contract, the other Party may, without prejudice to any other right or remedy it may have under this Funding Contract, provide written notice of default to the nonperforming Party. The nonperforming Party has 60 days from receipt of the notice within which to remedy the default.

Related to Default – Notice and Opportunity to Cure

  • Opportunity to Cure The COUNTY may, at its sole discretion, provide the AGENCY with a Notice to Cure a breach of this Contract. If the AGENCY fails to cure the breach to the COUNTY’S satisfaction within the time provided in the Notice to Cure, the COUNTY may terminate this Contract for cause.

  • Opportunity to Remedy If the Funder considers that it is appropriate to allow the HSP an opportunity to remedy a breach of this Agreement, the Funder may give the HSP an opportunity to remedy the breach by giving the HSP Notice of the particulars of the breach and of the period of time within which the HSP is required to remedy the breach. The Notice will also advise the HSP that the Funder may terminate this Agreement: at the end of the Notice period provided for in the Notice if the HSP fails to remedy the breach within the time specified in the Notice; or prior to the end of the Notice period provided for in the Notice if it becomes apparent to the Funder that the HSP cannot completely remedy the breach within that time or such further period of time as the Funder considers reasonable, or the HSP is not proceeding to remedy the breach in a way that is satisfactory to the Funder.

  • Default Notice As soon as possible and in any event within two days after the occurrence of each Default or any event, development or occurrence reasonably likely to have a Material Adverse Effect continuing on the date of such statement, a statement of the chief financial officer of the Borrower setting forth details of such Default and the action that the Borrower has taken and proposes to take with respect thereto.

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