– Events of Default; Cure; Termination. (a) A failure by either VDOT or Participant to fulfill their respective material responsibilities and obligations set forth herein will give rise to an event of default, respectively. Following the provision of notice of default by the non-defaulting party to the defaulting party, and the failure to cure the event of default within the period agreed upon pursuant to Section 12.1(b), the Agreement may be terminated in accordance with Section 12.1(c).
Appears in 9 contracts
Samples: Electronic Toll Collection Agreement, Electronic Toll Collection Agreement, Electronic Toll Collection Agreement
– Events of Default; Cure; Termination. (a) A failure by either VDOT or Participant to fulfill their respective material responsibilities and obligations set forth herein will give rise to an event of default, respectively. Following the provision of notice of default by the non-defaulting party to the defaulting party, and the failure to cure the event of default within the period agreed upon pursuant to Section 12.1(b10.1(b), the Agreement may be terminated in accordance with Section 12.1(c10.1(c).
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Samples: Violations Processing Services Agreement, Violations Processing Services Agreement, Violations Processing Services Agreement
– Events of Default; Cure; Termination. (a) A failure by either VDOT or Participant to fulfill their respective material responsibilities and obligations set forth herein will give rise to an event of default, respectively. Following the provision of notice of default by the non-defaulting party to the defaulting party, and the failure to cure the event of default within the period agreed upon pursuant to Section 12.1(b), the Agreement may be terminated in accordance with Section 12.1(c10.1(c).
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– Events of Default; Cure; Termination. (a) A failure by either VDOT or Participant to fulfill their respective material responsibilities and obligations set forth herein will give rise to an event of default, respectively. Following the provision of notice of default by the non-defaulting party to the defaulting party, and the failure to cure the event of default within the period agreed upon pursuant to Section 12.1(b10.1(b), the Agreement may be terminated in accordance with Section 12.1(c10.1(c).
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