Common use of Remedies and Cure Clause in Contracts

Remedies and Cure. Customer shall notify Metavante in writing of any alleged breach of any Service Level. Metavante shall immediately commence corrective actions and shall have (i) ninety (90) days to demonstrate re-achievement of any Service level that is measured on a monthly basis, (ii) thirty (30) days to demonstrate re-achievement of any Service level measured on a weekly basis, and (iii) five (5) days to demonstrate re-achievement of any Service Level measured on a daily basis. During this time period, Metavante shal1 use reasonable efforts, at its own expense, to remedy the breach. Metavante’s failure to remedy the breach within this time period shall entitle Customer to recover Damages as permitted under the Agreement.