Common use of Notice of Cause Clause in Contracts

Notice of Cause. If the AUTHORIZER becomes aware of circumstances that may provide cause for revocation (other than circumstances set forth in Section 3, for which no Notice of Cause is required) (an “Action”) of this Agreement and the Charter granted hereby as set forth under this Section, AUTHORIZER shall provide SPONSOR with written notice (the “ Notice of Cause”) of such circumstances including (i) the grounds for issuing the notice, (ii) a date, which shall not be less than fifteen (15) days from the date of such notice, by which time the Sponsor must respond in writing in accordance with Section 5.2 and (iii) a date by which corrective actions must be completed to cure the cause for revocation.

Appears in 5 contracts

Samples: Charter School Agreement, Charter School Agreement, Charter School Agreement

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