Common use of Notice and Remedy Clause in Contracts

Notice and Remedy. In such event the non-performing party shall be excused from further performance or observance of the obligation(s) so affected for as long as such circumstances prevail and such party continues to use commercially reasonable efforts to recommence performance or observance whenever and to whatever extent possible without delay. The non-performing party shall immediately notify the other party by telephone (to be confirmed in writing within two (2) business days of the inception of such delay) and describe at a reasonable level of detail the Force Majeure Event causing such delay and the expected duration of the Force Majeure Event. The non-performing party will provide the other party prompt written notice of the cessation or termination of the Force Majeure Event.

Appears in 5 contracts

Samples: Iru Agreement (Winstar Communications Inc), Iru Agreement (Williams Communications Group Inc), Iru Agreement (Winstar Communications Inc)

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