Common use of Notice to CONTRACTOR and Right to Cure Clause in Contracts

Notice to CONTRACTOR and Right to Cure. (i) If a Material Event of Default as provided for in this Section occurs, then within thirty (30) calendar days of discovery of the Material Event of Default, DCAMM shall issue to CONTRACTOR a written “Notice of Material Event of Default.” (ii) CONTRACTOR shall cure or remedy the subject Material Event of Default within thirty (30) days from the receipt of the Notice of Material Event of Default, or if a cure for the Material Event of Default cannot be completed in such thirty (30) days, then CONTRACTOR shall commence good faith efforts to cure in that period with diligent subsequent performance to cure such Material Event of Default. CONTRACTOR shall respond via written notice within thirty (30) days of receipt of the Notice of Event of Material Default that such Material Event of Default has been cured or describe good faith efforts to cure. (iii) If CONTRACTOR fails to make reasonable efforts to cure the Material Event of Default or commence good faith efforts to cure within thirty

Appears in 2 contracts

Samples: Energy Services Agreement, Energy Services Agreement

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Notice to CONTRACTOR and Right to Cure. (i) If a Material Event of Default as provided for in this Section 50.6(a) occurs, then within thirty (30) calendar days of discovery of the Material Event of Default, DCAMM shall issue to CONTRACTOR a written “Notice of Material Event of Default.” (ii) CONTRACTOR shall cure or remedy the subject Material Event of Default within thirty (30) days from the receipt of the Notice of Material Event of Default, or if a cure for the Material Event of Default cannot be completed in such thirty (30) days, then CONTRACTOR shall commence good faith efforts to cure in that period with diligent subsequent performance to cure such Material Event of Default. CONTRACTOR shall respond via written notice within thirty (30) days of receipt of the Notice of Event of Material Default that such Material Event of Default has been cured or describe good faith efforts to cure. (iii) If CONTRACTOR fails to make reasonable efforts to cure the Material Event of Default or commence good faith efforts to cure within thirty

Appears in 2 contracts

Samples: Energy Services Agreement, Energy Services Agreement

Notice to CONTRACTOR and Right to Cure. (i) If a Material Event of Default as provided for in this Section 40.6(a) occurs, then within thirty (30) calendar days of discovery of the Material Event of Default, DCAMM CUSTOMER shall issue to CONTRACTOR a written “Notice of Material Event of Default.” (ii) CONTRACTOR shall cure or remedy the subject Material Event of Default within thirty (30) days from the receipt of the Notice of Material Event of Default, or if a cure for the Material Event of Default cannot be completed in such thirty (30) days, then CONTRACTOR shall commence good faith efforts to cure in that period with diligent subsequent performance to cure such Material Event of Default. CONTRACTOR shall respond via written notice within thirty (30) days of receipt of the Notice of Event of Material Default that such Material Event of Default has been cured or describe good faith efforts to cure. (iii) If CONTRACTOR fails to make reasonable efforts to cure the Material Event of Default or commence good faith efforts to cure within thirty

Appears in 1 contract

Samples: Energy Services Agreement

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Notice to CONTRACTOR and Right to Cure. (i) If a Material Event of Default as provided for in this Section 41.6(a) occurs, then within thirty (30) calendar days of discovery of the Material Event of Default, DCAMM CUSTOMER shall issue to CONTRACTOR a written “Notice of Material Event of Default.” (ii) CONTRACTOR shall cure or remedy the subject Material Event of Default within thirty (30) days from the receipt of the Notice of Material Event of Default, or if a cure for the Material Event of Default cannot be completed in such thirty (30) days, then CONTRACTOR shall commence good faith efforts to cure in that period with diligent subsequent performance to cure such Material Event of Default. CONTRACTOR shall respond via written notice within thirty (30) days of receipt of the Notice of Event of Material Default that such Material Event of Default has been cured or describe good faith efforts to cure. (iii) If CONTRACTOR fails to make reasonable efforts to cure the Material Event of Default or commence good faith efforts to cure within thirtythirty (30) days of receipt of the Notice of Material Event of Default, then CUSTOMER may issue a “Notice of Default” to CONTRACTOR. If within seven (7) calendar days of receipt of such Notice of Default, CONTRACTOR still fails to cure the Event of Default then CUSTOMER may proceed in accordance with Section 41.7.

Appears in 1 contract

Samples: Energy Services Agreement

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