Common use of Purchaser Remedies for Event of Default by Metrolinx Clause in Contracts

Purchaser Remedies for Event of Default by Metrolinx. If an Event of Default by Metrolinx has occurred, as determined by a Steering Committee, a Purchaser shall have the following remedies provided that, in the case of an Event of Default which is curable, as determined by a Steering Committee, the Steering Committee has first given written notice of the Event of Default to Metrolinx and Metrolinx has failed to correct the Event of Default within thirty (30) calendar days of receipt of such notice or such longer period of time as the Steering Committee may consent in writing: a. the Purchaser may, subject to Section 9.8 (Obligations Survive), terminate its participation in this Agreement or in a particular Procurement by giving Metrolinx at least thirty (30) calendar days prior written notice thereof; and b. subject to Article X (Dispute Resolution), each Purchaser may avail itself of any other legal remedies that may be available to it at law or in equity.

Purchaser Remedies for Event of Default by Metrolinx. If an Event of Default by Metrolinx has occurred, as determined by a the Steering Committee, a Purchaser shall have the following remedies provided that, in the case of an Event of Default which is curable, as determined by a the Steering Committee, the Steering Committee has first given written notice of the Event of Default to Metrolinx and Metrolinx has failed to correct the Event of Default within thirty (30) calendar days of receipt of such notice or such longer period of time as the Steering Committee may consent in writing: a. the Purchaser may, subject to Section 9.8 (Obligations Survive), terminate its participation in this Agreement or in a particular Procurement by giving Metrolinx at least thirty (30) calendar days prior written notice thereofof the termination date; and b. subject to Article X (Dispute Resolution), each Purchaser may avail itself of any other legal remedies that may be available to it at law or in equity.

Purchaser Remedies for Event of Default by Metrolinx. If an Event of Default by Metrolinx has occurred, as determined by a the Steering Committee, a Purchaser shall have the following remedies provided that, in the case of an Event of Default which is curable, as determined by a the Steering Committee, the Steering Committee has first given written notice of the Event of Default to Metrolinx and Metrolinx has failed to correct the Event of Default within thirty (30) calendar days of receipt of such notice or such longer period of time as the Steering Committee may consent in writing: a. the Purchaser may, subject to Section 9.8 38 (Obligations Survive), terminate its participation in this Agreement or in a particular Procurement by giving Metrolinx at least thirty (30) calendar days prior written notice thereof; andof the termination date. b. subject to Article X (Dispute Resolutionresolution), each Purchaser may avail itself of any other legal remedies that may be available to it at law or in equity.