Common use of Metrolinx Remedies for Event of Default by Purchaser Clause in Contracts

Metrolinx Remedies for Event of Default by Purchaser. Notwithstanding any other rights which Metrolinx may have under this Agreement, if an Event of Default by a Purchaser has occurred, Metrolinx shall have the following remedies provided that, in the case of an Event of Default which is curable, as determined by Metrolinx, Metrolinx has first given written notice of the Event of Default to the defaulting Purchaser and the defaulting Purchaser has failed to correct the Event of Default within thirty (30) calendar days of receipt of such notice or such longer period of time as Metrolinx may consent in writing:

Appears in 5 contracts

Samples: Agreement, Governance Agreement, Governance Agreement

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