Common use of Repayment notice Clause in Contracts

Repayment notice. (a) The Trustee may give the Grant Recipient a notice requiring the Grant Recipient to repay to the Trustee an amount which the Trustee is entitled to recover under clause 2.2 or 2.3 (or to deal with such an amount as specified by the Trustee). (b) If the Trustee gives a notice under clause 2.4(a), the Grant Recipient must: (i) repay the amount specified in the notice in full (or deal with it as specified by the Trustee) within 30 days of the date of the notice; or (ii) within 5 days of the date of the notice, contact the SIEF Manager to discuss the circumstances that have given rise to the notice. If the Grant Recipient and the SEIF Manager do not reach agreement regarding the notice, the Trustee and a senior executive officer of the Grant Recipient, or their delegates who have appropriate authority to resolve the dispute, will meet in Melbourne (or such other place as may reasonably be nominated by the Trustee) in an effort to resolve the dispute within 30 days of the date of the notice. If the dispute is not resolved at that meeting, the Grant Recipient must comply with clause 2.4(b)(i).

Repayment notice. (a) The Trustee may give the Grant Recipient a notice requiring the Grant Recipient to repay to the Trustee an amount which the Trustee is entitled to recover under clause 2.2 or 2.3 (or to deal with such an amount as specified by the Trustee). (b) If the Trustee gives a notice under clause 2.4(a), the Grant Recipient must: (i) repay the amount specified in the notice in full (or deal with it as specified by the Trustee) within 30 days of the date of the notice; or (ii) within 5 days of the date of the notice, contact the SIEF Manager to discuss the circumstances that have given rise to the notice. If the Grant Recipient and the SEIF SIEF Manager do not reach agreement regarding the notice, the Trustee and a senior executive officer of the Grant Recipient, or their delegates who have appropriate authority to resolve the dispute, will meet in Melbourne (or such other place as may reasonably be nominated by the Trustee) in an effort to resolve the dispute within 30 days of the date of the notice. If the dispute is not resolved at that meeting, the Grant Recipient must comply with clause 2.4(b)(i).

Repayment notice. (a) The Trustee may give the Grant Recipient a notice requiring the Grant Recipient to repay to the Trustee an amount which the Trustee is entitled to recover under clause 2.2 or 2.3 (or to deal with such an amount as specified by the Trustee, acting reasonably). (b) If the Trustee gives a notice under clause 2.4(a), the Grant Recipient must: (i) repay the amount specified in the notice in full (or deal with it as specified by the Trustee) within 30 days of the date receipt of the notice; or (ii) within 5 days of the date of the notice, contact the SIEF Manager to discuss the circumstances that have given rise to the notice. If the Grant Recipient and the SEIF SIEF Manager do not reach agreement regarding the notice, the Trustee and a senior executive officer of the Grant Recipient, or their delegates who have appropriate authority to resolve the dispute, will meet in Melbourne (or such other place as may reasonably be nominated by the Trustee) in an effort to resolve the dispute within 30 days of the date receipt of the notice. If the dispute is not resolved at that meeting, the Grant Recipient must comply with clause 2.4(b)(i).