Common use of Notice of Breach or Default Clause in Contracts

Notice of Breach or Default. Participant shall promptly, but in no event later than two (2) Business Days after Participant knows that a breach of or default under this Agreement, including any Attachments hereto, by Participant or any user has occurred, deliver to FINRA Notice describing the same in reasonable detail. For purposes of this Agreement, a “Business Day” means any day when the Service is collecting quotations and/or trade reports from Participants.

Appears in 3 contracts

Samples: Finra Transparency Services Participation Agreement, Finra Transparency Services Participation Agreement, Finra Transparency Services Participation Agreement

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Notice of Breach or Default. Participant shall promptly, but in no event later than two (2) Business Days after Participant knows that a breach of or default under this Agreement, including any Attachments hereto, by Participant or any user userUser has occurred, deliver to FINRA Notice Noticenotice describing the same in reasonable detail. For purposes of this Agreement, a “Business Day” means any day when the Service is collecting quotations and/or trade reports from Participants.

Appears in 1 contract

Samples: Participation Agreement

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