Common use of Failure to Fulfil Contractual Obligations Clause in Contracts

Failure to Fulfil Contractual Obligations. Should any Participant fail to fulfil its obligations under this Agreement, the Executive Committee shall give that Participant written notice, specifying the failure and invoking this Article. If, 60 days after receipt of such notice, the Participant remains in default of its obligations, the Executive Committee (not including the Participant said to be in default), acting by unanimous vote, may deem the Participant to have withdrawn from this Agreement and shall so notify the Participant in writing.

Failure to Fulfil Contractual Obligations. Should any Participant fail to fulfil its obligations under this Agreement, the Executive Committee shall will give that Participant written notice, specifying the failure and invoking this ArticleParagraph. If, 60 sixty (60) days after receipt of such notice, the Participant remains in default of its obligations, the Executive Committee Committee, upon unanimous vote (not including the Participant said to be in default), acting by unanimous vote, may deem the Participant to have withdrawn from this Agreement and shall will so notify the Participant in writing.

Failure to Fulfil Contractual Obligations. Should any Participant fail which fails to fulfil its obligations under this Agreement, the Executive Committee shall give that Participant written notice, specifying the failure and invoking this Article. If, 60 days after its receipt of such notice, the Participant remains in default of its obligations, the Executive Committee (not including the representative of the Participant said to be in default), acting by unanimous vote, may deem the Participant participant to have withdrawn from this Agreement and shall so notify the Participant in writing.

Failure to Fulfil Contractual Obligations. Should any Participant fail to fulfil its obligations under this Agreement, the Executive Committee shall give that Participant written notice, specifying the failure and invoking this Article. If, 60 sixty days after receipt of such notice, the Participant remains in default of its obligations, the Executive Committee (not including the Participant said to be in default), acting by unanimous vote, may deem the Participant to have withdrawn from this Agreement and shall so notify Agreement, or deem the Participant as inactive in writing.accordance with Article 10.9