Common use of RIGHT TO TERMINATE ON DEFAULT Clause in Contracts

RIGHT TO TERMINATE ON DEFAULT. In the event either Party breaches any material provision of this Agreement, the other Party may, at its option, provide written notice to the Party in breach to remedy such breach. If the said breach is not remedied within two (2) weeks after receipt of the written notice or such further time as may be reasonably required by the Party in breach using best efforts on a commercially reasonable basis, the Party not in breach may give six (6) months notice in writing to the other Party of its intent to terminate this Agreement, and unless such breach is remedied to the satisfaction of the Party not in breach acting reasonably this Agreement will terminate six (6) months from the date such written notice is given, subject to prior Commission approval.

RIGHT TO TERMINATE ON DEFAULT. In the event either Party breaches any material provision of this Agreement, the other Party may, at its option, provide written notice to the Party in breach to remedy such breach. If the said breach is not remedied within two (2) weeks after receipt of the written notice or such further time as may be reasonably required by the Party in breach using best efforts on a commercially reasonable basisbasis to remedy the breach, the Party not in breach may give six (6) months notice in writing to the other Party of its intent to terminate this Agreement, and unless such breach is remedied to the satisfaction of the Party not in breach breach, acting reasonably reasonably, this Agreement will shall terminate six (6) months from the date such written notice is given, subject to prior Commission approval.

RIGHT TO TERMINATE ON DEFAULT. In the event either Party party breaches any material provision of this Agreement, the other Party party may, at its option, provide written notice to the Party party in breach to remedy such breach. If the said breach is not remedied within two (2) weeks after receipt of the written notice or such further time as may be reasonably required by the Party party in breach using best efforts on a commercially reasonable basisbasis to remedy the breach, the Party party not in breach may give six (6) months notice in writing of the termination of this Agreement to the other Party of its intent to terminate this Agreementparty, and unless such breach is remedied to the satisfaction of the Party party not in breach acting reasonably this Agreement will shall terminate six (6) months from the date such written notice is given, subject to prior Commission Board approval.

RIGHT TO TERMINATE ON DEFAULT. ‌ In the event either Party breaches any material provision of this Agreement, the other Party may, at its option, provide written notice to the Party in breach to remedy such breach. If the said breach is not remedied within two (2) weeks after receipt of the written notice or such further time as may be reasonably required by the Party in breach using best efforts on a commercially reasonable basis, the Party not in breach may give six (6) months notice in writing to the other Party of its intent to terminate this Agreement, and unless such breach is remedied to the satisfaction of the Party not in breach acting reasonably this Agreement will terminate six (6) months from the date such written notice is given, subject to prior Commission approval.

RIGHT TO TERMINATE ON DEFAULT. In the event either Party breaches any material provision of this Agreement, the other Party may, at its option, provide written notice to the Party in breach to remedy such breach. If the said breach is not remedied within two (2) weeks after receipt of the written notice or such further time as may be reasonably required by the Party in breach using best efforts on a commercially reasonable basis, the Party not in breach may give six (6) months months’ notice in writing to the other Party of its intent to terminate this Agreement, and unless such breach is remedied to the satisfaction of the Party not in breach acting reasonably this Agreement will terminate six (6) months from the date such written notice is given, subject to prior Commission approval.

RIGHT TO TERMINATE ON DEFAULT. In the event either Party party breaches any material provision of this Agreement, the other Party party may, at its option, provide written notice to the Party party in breach to remedy such breach. If the said breach is not remedied within two (2) weeks after receipt of the written notice or such further time as may be reasonably required by the Party party in breach using best efforts on a commercially reasonable basisbasis to remedy the breach, the Party party not in breach may give six (6) months notice in writing of the termination of this Agreement to the other Party of its intent to terminate this Agreementparty, and unless such breach is remedied to the satisfaction of the Party party not in breach acting reasonably this Agreement will shall terminate six (6) months from the date such written notice is given, subject to prior Commission approval.

RIGHT TO TERMINATE ON DEFAULT. ‌ In the event either Party breaches any material provision of this Agreement, the other Party may, at its option, provide written notice to the Party in breach to remedy such breach. If the said breach is not remedied within two (2) weeks after receipt of the written notice or such further time as may be reasonably required by the Party in breach using best efforts on a commercially reasonable basisbasis to remedy the breach, the Party not in breach may give six (6) months notice in writing to the other Party of its intent to terminate this Agreement, and unless such breach is remedied to the satisfaction of the Party not in breach breach, acting reasonably reasonably, this Agreement will shall terminate six (6) months from the date such written notice is given, subject to prior Commission approval.

RIGHT TO TERMINATE ON DEFAULT. In the event either Party party breaches any material provision of this Agreement, the other Party party may, at its option, provide written notice to the Party party in breach to remedy such breach. If the said breach is not remedied within two (2) weeks after receipt of the written notice or such further time as may be reasonably required by the Party party in breach using best efforts on a commercially reasonable basis, to remedy the Party breach, the party not in breach may give six (6) months notice in writing of the termination to the other Party of its intent to terminate this Agreementparty, and unless such breach is remedied to the satisfaction of the Party party not in breach acting reasonably this Agreement will shall terminate six (6) months from the date such written notice is given, subject to prior Commission Board approval.