Early Termination of Agreement. This Agreement may be terminated prior to the Ending Date upon any one of the following events: (i) by Grantee upon 180 days, prior notice to Grantor. (ii) by Grantor upon 90 days, prior notice to Grantee if (x) the Grantee has not provided a bond or letter of credit pursuant to Section 20, and (y) the Grantee has not completed NUNet according to Section 4.4. (iii) by Grantor in the event of a default by Grantee under Section 34. (iv) by Grantor upon 90 days, prior notice in the event of a violation of Section 36. 1. Grantee shall have the right to cure or correct any default specified under clauses (ii) or (iv) above within the time period of the notices set forth above.
Appears in 3 contracts
Samples: Agreement for the Provision of Fiber Optic Facilities and Services (Northeast Optic Network Inc), Agreement for the Provision of Fiber Optic Facilities and Services (Northeast Optic Network Inc), Agreement for the Provision of Fiber Optic Facilities and Services (Globix Corp)
Early Termination of Agreement. This Agreement may be terminated prior to the Ending Date upon any one of the following events:
(i) by Grantee upon 180 days, prior notice to Grantor.
(ii) by Grantor upon 90 days, prior notice to Grantee if (x) the Grantee has not provided a bond or letter of credit pursuant to Section 20, and (y) the Grantee has not completed NUNet according to Section 4.4.
(iii) by Grantor in the event of a default by Grantee under Section 34.
(iv) by Grantor upon 90 days, prior notice in the event of a violation of Section 36.
136.1. Grantee shall have the right to cure or correct any default specified under clauses (ii) or (iv) above within the time period of the notices set forth above.
Appears in 1 contract
Samples: Agreement for the Provision of Fiber Optic Facilities and Services (RCN Corp /De/)