Common use of Franchisee’s Right to Cure or Respond Clause in Contracts

Franchisee’s Right to Cure or Respond. The Franchisee shall have forty-five (45) days from the receipt of the Franchise Authority’s written notice: (i) to respond to the Franchise Authority, contesting the assertion of non- compliance or default; or (ii) to cure such default; or (iii) in the event that, by nature of the default, such default cannot be cured within the forty-five (45) day period, initiate commercially reasonable steps to diligently remedy such default and notify the Franchise Authority of the steps being taken and the projected date that the cure will be completed.

Appears in 2 contracts

Samples: Franchise Agreement, Franchise Agreement

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Franchisee’s Right to Cure or Respond. The Franchisee shall have forty-five (45) days from the receipt of the Franchise Franchising Authority’s written notice: (i) to respond to the Franchise Franchising Authority, contesting the assertion of non- non-compliance or default; or (ii) to cure such default; or (iii) in the event that, by nature of the default, such default cannot be cured within the forty-forty- five (45) day period, initiate commercially reasonable steps to diligently remedy such default and notify the Franchise Franchising Authority of the steps being taken and the projected date that the cure will be completed.

Appears in 1 contract

Samples: Cable Franchise Agreement

Franchisee’s Right to Cure or Respond. The Franchisee shall have forty-five (45) days from the receipt of the Franchise Authority’s written notice: (i) to respond to the Franchise Authority, contesting the assertion of non- non-compliance or default; or (ii) to cure such default; or (iii) in the event that, by nature of the default, such default cannot be cured within the forty-five (45) day period, initiate commercially reasonable steps to diligently remedy such default and notify the Franchise Authority of the steps being taken and the projected date that the cure will be completed.

Appears in 1 contract

Samples: Franchise Agreement

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Franchisee’s Right to Cure or Respond. The Franchisee shall have forty-five thirty (4530) days from the receipt of the Franchise Franchising Authority’s written notice: (i) to respond to the Franchise Franchising Authority, contesting the assertion of non- non-compliance or default; or (ii) to cure such default; or (iii) in the event that, by nature of the default, such default cannot be cured within the forty-five thirty (4530) day period, initiate commercially reasonable steps to diligently remedy such default and notify the Franchise Franchising Authority of the steps being taken and the projected date that the cure will be completed.

Appears in 1 contract

Samples: Cable Franchise Agreement

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