Common use of NOTICE TO COMPLETE AND REMEDIES ON DEFAULT Clause in Contracts

NOTICE TO COMPLETE AND REMEDIES ON DEFAULT. 13.1 If the sale is not settled on the Settlement Date either party may at any time thereafter serve on the other party notice (“a Settlement Notice”) to settle in accordance with this clause, but the Settlement Notice shall be effective only if the party serving it is at the time of service either in all material respects ready, able and willing to proceed to settle in accordance with the notice or is not so ready, able and willing to settle only by reason of the default or omission of the other party.

Appears in 5 contracts

Samples: Cash Settlement Agreement, Cash Settlement Agreement, Cash Settlement Agreement

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