Issue of Termination Notice. On the occurrence of any Event of Default, the non- defaulting Party may initiate termination of this Agreement by issuing a termination Notice to the defaulting Party setting out in detail the underlying Event of Default and the estimated payment on termination, including the details of computation thereof. A notice period of 3 (three) months should be provided when issuing the termination Notice.
Appears in 5 contracts
Samples: Lease Cum Development Agreement, Lease Cum Development Agreement, Lease Cum Development Agreement