Common use of Department Events of Default Clause in Contracts

Department Events of Default. Any one (1) or more of the following events shall, after the required Notice(s) and opportunity to cure, except as otherwise provided below, constitute an Event of Default on the part of the Department: The Department fails to timely pay all non-disputed amounts. The cure period for failure to pay shall be forty-five (45) Calendar Days from receipt of Notice of failure to pay, unless State law allows a longer period to pay; or The Department breaches any other material obligations under this Contract. The cure period for a material breach by the Department shall be forty-five (45) Calendar Days from receipt of Notice of material breach. Contractor Remedies in the Event of Default Upon occurrence of an “Event of Default” on the part of the Department, Contractor is entitled to any one (1) or all of the following remedies.

Department Events of Default. Any one (1) or more of the following events shall, after the required Notice(s) and opportunity to cure, except as otherwise provided below, constitute constitutes an Event of Default on the part of the Department: The Department fails to timely pay all non-disputed amounts. The cure period for failure to pay shall be forty-five (45) Calendar Days from receipt of Notice of failure to pay, unless State law allows a longer period to pay; or The Department breaches any other material obligations under this Contract. The cure period for a material breach by the Department shall be forty-five (45) Calendar Days from receipt of Notice of material breach. Contractor Remedies in the Event of Default Upon occurrence of an “Event of Default” on the part of the Department, Contractor is entitled to any one (1) or all of the following remedies.