Common use of Initial Notice and Cure Periods Clause in Contracts

Initial Notice and Cure Periods. The Development Entity shall provide written notice to the Department of the occurrence of a Department Default. Upon receipt of the Development Entity’s notice, the Department shall have the following cure periods with respect to the following Department Defaults:

Initial Notice and Cure Periods. The Development Entity Department shall provide written notice to the Department Development Entity of the occurrence of a Department Development Entity Default. Upon receipt of the Development EntityDepartment’s noticenotice (if required), the Department Development Entity shall have the following cure periods with respect to the following Department Defaultsperiods: