Substitution Notice Sample Clauses
A Substitution Notice clause outlines the process by which one party can formally notify the other of the replacement of a person, entity, or item specified in the agreement. Typically, this clause details the required form and timing of the notice, such as providing written communication within a certain period before the substitution takes effect. Its core function is to ensure transparency and maintain continuity by providing clear procedures for substitutions, thereby minimizing confusion or disputes over changes to key participants or components in the contract.
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Substitution Notice. Upon the occurrence and continuation of SPD Default and the failure by the SPD to cure such default within the applicable cure period specified in this Article, the Lender, upon receipt of a written advice from the Buying Entity confirming such failure, shall be entitled to notify the Parties of the intention of the Lender to substitute the SPD by the Selectee for the residual period of this Agreement (the “Substitution Notice”).
Substitution Notice. In the event of failure of the Seller to rectify the Event of Default giving rise to Preliminary Default Notice, the lenders, upon receipt of a written advice from the Procurer confirming such failure, either on their own or through its representative (“the Lenders' Representative”) shall be entitled to notify the Procurer and the Seller of the intention of the Lenders to substitute the Seller by the Selectee for the residual period of this Agreement (the “Substitution Notice”).
Substitution Notice. Customer shall notify Boeing of its intent to exercise the Substitution Right (Substitution Notice) at least:
3.1 prior to the scheduled delivery month of the 787-8 or 787-9 Aircraft for 787-8/787-9 Substitution.
3.2 prior to the scheduled delivery month of the 787-8, 787-9 Aircraft, or 787-10 aircraft, if applicable, for the Substitution to 787-10 or Substitution from 787-10***, or
3.4 Boeing shall work with Customer to *** as the 787-9 *** program*** becomes defined.
Substitution Notice. 16.3.1 In the event of failure of the Power Producer to rectify the Event of Default giving rise to Procurer Preliminary Default Notice, the lenders, upon receipt of a written advice from Procurer confirming such failure, either on their own or through its representative (“the Lenders’ Representative) shall be entitled to notify Procurer and the Power Producer of the intention of the Lenders to substitute the Power Producer by the Selectee, meeting or exceeding eligibility criteria as per PPA or/ and RFP, for the residual period of the PPA (the “Substitution Notice”).
Substitution Notice. In the event of failure of the Corporation to rectify the Event of Default giving rise to Preliminary Default Notice, the lenders, upon receipt of a written advice from the First Party confirming such failure, either on their own or through its representative (“the Lenders’ Representative”) shall be entitled to notify the First Party and the Corporation of the intention of the Lenders to substitute the Corporation by the Selectee for the residual period of this Agreement (the “Substitution Notice”).
Substitution Notice. Landlord must receive from Tenant a written notice ("Substitution Notice") of the intent to exercise the right of substitution at least 90 days prior to the proposed date of substitution. The Substitution Notice shall include all material information concerning the substitution including, but not limited to, the following: [i] the reason for the proposed substitution; [ii] the proposed date of the substitution; [iii] information regarding the proposed Substitute Facility ("Proposed Facility") including name, address, city, state, type, units, beds, current owner, current operator, historical financial statements, proforma financial statements, Medicaid and Medicare cost reports, and rate letters; [iv] copy of acquisition documents, if any; and [v] the proposed Tenant.
Substitution Notice. As defined in Article XXXIII hereof.
Substitution Notice. Unless the engagement of the Contractor under the Material Contract has been terminated previously (and whether or not the Contractor has served notice on the County pursuant to Section 2.1), and if the Project Agreement has been properly terminated in accordance with its terms, the County will be entitled at any time, but subject to Section 2.5 where a notice has been served by the County, to serve upon the Contractor a notice informing the Contractor that the Project Agreement has been terminated and requiring the Contractor to thereafter accept the instructions of the County or its appointee to the exclusion of the Developer under and in connection with the Material Contract and the Contractor shall comply with such notice.
Substitution Notice. In the event of failure of the SPD to rectify the Event of Default giving rise to Procurer Preliminary Default Notice, the lenders, upon receipt of a written advice from Procurer confirming such failure, either on their own or through its representative (“the Lenders’ Representative) shall be entitled to notify Procurer and the SPD of the intention of the Lenders to substitute the SPD by the Selectee, meeting or exceeding eligibility criteria as per PPA or/ and RFP, for the residual period of the PPA (the “Substitution Notice”).
Substitution Notice. 3.3.1 In the event of failure of the SPD to rectify the SPD Event of Default giving rise to Preliminary Default Notice and on receipt of a copy of the Termination Notice by SPD, the Lenders, either on their own or through a representative (the “Lenders’ Representative”) shall be entitled to notify NVVN and the SPD of the intention of the Lenders to substitute the SPD by the Selectee for the residual period of the PPA (the “Substitution Notice”).