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

Grantee’s Right to Cure or Respond. The Grantee shall have thirty (30) days from receipt of the Violation Notice to (i) respond to the Grantor, contesting the assertion of noncompliance, or (ii) to cure such default, or (iii) if, by the nature of default, such default cannot be cured within the thirty (30) day period, initiate reasonable steps to remedy such default and notify the Grantor of the steps being taken and the projected date that they will be completed.

Appears in 30 contracts

Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement

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Grantee’s Right to Cure or Respond. The Grantee shall have thirty (30) days from receipt of the Violation Notice to (i) respond to the Grantor, contesting the assertion of noncompliance, or (ii) to cure such default, or (iii) if. If, by the nature of default, such default cannot be cured within the thirty (30) day period, Grantee shall initiate reasonable steps within the thirty (30) day period to remedy such default and notify the Grantor of the steps being taken and the projected date that they will be completed.

Appears in 1 contract

Samples: Franchise Agreement

Grantee’s Right to Cure or Respond. The Grantee shall have thirty (30) days from receipt of the Violation Notice to (i) respond to the GrantorDirector, contesting the assertion of noncompliance, or (ii) to cure such default, or (iii) if, by the nature of default, such default cannot be cured within the thirty (30) day period, initiate reasonable steps to remedy such default and notify the Grantor Director of the steps being taken and the projected date that they will be completed.

Appears in 1 contract

Samples: Franchise Agreement

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Grantee’s Right to Cure or Respond. The Grantee shall have thirty (30) days from receipt of the Violation Noncompliance Notice described in subsection 14.1 to (i) respond to the Grantor, contesting the assertion of noncompliance, or (ii) to cure such default, or (iii) if, by the nature of default, such default cannot be cured within the thirty (30) day period, initiate reasonable steps to remedy such default and notify the Grantor of the steps being taken and the projected date that they will be completed.

Appears in 1 contract

Samples: Charter Franchise Agreement

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