Common use of Legal Violation Clause in Contracts

Legal Violation. Residential may terminate a particular Service or SOW if Altisource materially violates an applicable law or regulation to which Altisource is subject to governing the performance of a Service, which violation cannot be or has not been cured by the 60th day following Altisource’s receipt of written notice of such violation given by Residential, which such notice shall be given no later than forty five (45) days following the later of the occurrence of such violation or the date upon which Residential should have known of such violation.

Appears in 5 contracts

Samples: Master Services Agreement (Altisource Residential Corp), Master Services Agreement (Altisource Portfolio Solutions S.A.), Master Services Agreement (Altisource Residential Corp)

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