Common use of District’s Request for Assurances Clause in Contracts

District’s Request for Assurances. If District at any time reasonably believes Developer is or may be in default under this Contract, District may in its sole discretion notify Developer of this fact and request written assurances from Developer of performance of Work and a written plan from Developer to remedy any potential default under the terms of this Contract that the District may advise Developer of in writing. Developer shall, within ten (10) calendar days of District’s request, deliver a written cure plan that meets the District’s requirements in its request for assurances. Developer’s failure to provide such written assurances of performance and the required written plan, within ten (10) calendar days of request, will constitute a material breach of this Contract sufficient to justify termination for cause.

Appears in 42 contracts

Samples: Facilities Lease, Facilities Lease, Facilities Lease

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District’s Request for Assurances. If District at any time reasonably believes Developer Construction Manager is or may be in default under this ContractAgreement, District may in its sole discretion notify Developer Construction Manager of this fact and request written assurances from Developer Construction Manager of performance of Work Services and a written plan from Developer Construction Manager to remedy any potential default under the terms of this Contract Agreement that the District may advise Developer Construction Manager of in writing. Developer Construction Manager shall, within ten (10) calendar days of District’s request, deliver a written cure plan that meets the District’s requirements in its request for assurances. DeveloperConstruction Manager’s failure to provide such written assurances of performance and the required written plan, within ten (10) calendar days of request, will constitute a material breach of this Contract Agreement sufficient to justify termination for cause.

Appears in 3 contracts

Samples: go.boarddocs.com, go.boarddocs.com, Agreement for Construction Management Services

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District’s Request for Assurances. If District at any time reasonably believes Developer is or may be in default under this ContractAgreement, District may in its sole discretion notify Developer of this fact and request written assurances from Developer of performance of Work and a written plan from Developer to remedy any potential default under the terms of this Contract that the District may advise Developer of in writing. Developer shall, within ten (10) calendar days of District’s request, deliver a written cure plan that meets the District’s requirements in its request for assurances. Developer’s failure to provide such written assurances of performance and the required written plan, within ten (10) calendar days of request, will constitute a material breach of this Contract Agreement sufficient to justify termination for cause.

Appears in 1 contract

Samples: Facilities Lease

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