Notice of Default and Termination Sample Clauses

Notice of Default and Termination. If and whenever the Subtenant defaults in the observance or performance of any obligation in favour of the Sublandlord or the Lessor under this Sublease on the Subtenant’s part to be observed or performed, the Sublandlord may give the Subtenant written notice of the default, specifying the particulars of the default. If the Sublandlord gives the Subtenant a notice of default pursuant to this section and:
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Notice of Default and Termination. If an Event of Default shall occur, Lessor, at any time thereafter, may at its option give notice thereof to Lessee stating that this Lease and the term hereby demised shall expire and terminate on the date specified in such notice, and upon the date specified in such notice, this Lease and the term hereby demised, and all rights of Lessee under this Lease shall expire and terminate as if that date were the date herein definitely fixed for the termination of the term of this Lease. Lessee shall thereupon quit and surrender the Leased Premises but shall remain liable as hereinafter provided. After any such termination Lessor may at its option file a written declaration of termination in the official records of the county in which the Leased Premises are located, which written declaration shall be deemed a conclusive termination of this Lease.
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Notice of Default and Termination. If the Contractor fails to perform any of its obligations under the Contract, the Director, Purchasing at his or her sole discretion may notify the Contractor in writing that the Contractor is in default. The notice may allow a cure period of up to fourteen (14) days. If the default cannot be cured within the cure period, and the Contractor requests additional time to cure, the Director, Purchasing may extend the cure period in writing. If the Contractor fails to cure within the cure period (or if extended, the extended cure period), the Director, Purchasing may terminate the Contract by sending a notice of termination for default. Termination for default will be effective upon Contractor’s receipt of the written notice of termination. The Director’s, Purchasing declaration of termination will be final.
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Notice of Default and Termination. If and whenever the Homeowner defaults in the observance or performance of any obligation in favour of the Lessor, Her Majesty or the Homeowners' Association under this Agreement on the Homeowner's part to be observed or performed, the Lessor may give the Homeowner written notice of the default, specifying the particulars of the default. If the Lessor gives the Homeowner a notice of default pursuant to this section and:
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Notice of Default and Termination 
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Related to Notice of Default and Termination

  • Default and Termination A. In the event of substantial failure by PROVIDER to perform in accordance with the terms hereof, A&M System may terminate this Agreement upon fifteen (15) days written notice of termination setting forth the nature of the failure (the termination shall not be effective if the failure is fully cured prior to the end of the fifteen-day period), provided that said failure is through no fault of A&M System.

  • Notice of Default The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default unless the Administrative Agent has received notice from a Lender or the Borrower referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice of default”. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give notice thereof to the Lenders. The Administrative Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders (or, if so specified by this Agreement, all Lenders); provided that unless and until the Administrative Agent shall have received such directions, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default or Event of Default as it shall deem advisable in the best interests of the Lenders.

  • Notice of Defaults If a Default or Event of Default occurs and is continuing and if it is known to the Trustee, the Trustee shall mail to Holders of Notes a notice of the Default or Event of Default within 90 days after it occurs. Except in the case of a Default or Event of Default in payment of principal of, premium, if any, or interest on any Note, the Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of the Holders of the Notes.

  • Notice of Default or Event of Default promptly, and in any event within five days after a Responsible Officer becoming aware of the existence of any Default or Event of Default or that any Person has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(f), a written notice specifying the nature and period of existence thereof and what action the Company is taking or proposes to take with respect thereto;

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