Common use of Failure to Remedy Clause in Contracts

Failure to Remedy. If the Funder has provided the HSP with an opportunity to remedy the breach, and: the HSP does not remedy the breach within the time period specified in the Notice; it becomes apparent to the Funder that the HSP cannot completely remedy the breach within the time specified in the Notice or such further period of time as the Funder considers reasonable; or the HSP is not proceeding to remedy the breach in a way that is satisfactory to the Funder, then the Funder may immediately terminate this Agreement by giving Notice of termination to the HSP.

Appears in 142 contracts

Samples: Service Accountability Agreement, Service Accountability Agreement, Service Accountability Agreement

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Failure to Remedy. If the Funder has provided the HSP with an opportunity to remedy the breach, and: : (1) the HSP does not remedy the breach within the time period specified in the Notice; ; (2) it becomes apparent to the Funder that the HSP cannot completely remedy the breach within the time specified in the Notice or such further period of time as the Funder considers reasonable; or or (3) the HSP is not proceeding to remedy the breach in a way that is satisfactory to the Funder, then the Funder may immediately terminate this Agreement by giving Notice of termination to the HSP.

Appears in 3 contracts

Samples: Service Accountability Agreement, Multi Sector Service Accountability Agreement (Msaa) Amendment, Multi Sector Service Accountability Agreement (Msaa) Amendment

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