General Right to Cure. In the event of any Event of Default of this Agreement, or any of its terms or conditions, by any Party hereto, the defaulting Party will, upon written notice from the other, proceed, as soon as reasonably possible, to cure or remedy such Event of Default within forty- five (45) days after receipt of such notice. In the event such Event of Default is of such nature that it cannot be cured or remedied within said forty-five (45) day period, then in such event the defaulting Party will upon written notice from the other commence its actions to cure or remedy said breach within said forty-five (45) day period, and proceed diligently thereafter to cure or remedy said breach.
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Samples: Tax Increment Financing Agreement, Tax Increment Financing Agreement, Tax Increment Financing Agreement
