Common use of Termination by Either Party upon an Event of Default Clause in Contracts

Termination by Either Party upon an Event of Default. (a) In the event of a breach of a nonmonetary provision of this Agreement by either party remaining uncured for more than thirty (30) days after receipt of written notification of such default by the nondefaulting party, or in the case of a breach requiring more than thirty (30) days notice to cure, the defaulting party does not begin and pursue with due diligence a method of cure within thirty (30) days after receipt of written notification specifying in reasonable detail the nature of such default from the nondefaulting party, then the nondefaulting party may terminate this Agreement at its sole option.

Appears in 3 contracts

Samples: Ground Handling Agreement (Pinnacle Airlines Corp), Family Assistance Services Agreement (Pinnacle Airlines Corp), Assistance Services Agreement (Pinnacle Airlines Corp)

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Termination by Either Party upon an Event of Default. (a) A. In the event of a breach of a nonmonetary provision of this Agreement by either party remaining uncured for more than thirty (30) days after receipt of written notification of such default by the nondefaulting party, or in the case of a breach requiring more than thirty (30) days notice to cure, the defaulting party does not begin and pursue with due diligence a method of cure within thirty (30) days after receipt of written notification specifying in reasonable detail the nature of such default from the nondefaulting party, then the nondefaulting party may terminate this Agreement at its sole option.

Appears in 2 contracts

Samples: Information Technology Services Agreement (Pinnacle Airlines Corp), Technology Support Agreement (Pinnacle Airlines Corp)

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Termination by Either Party upon an Event of Default. (a) In the event of a breach of a nonmonetary provision of this Agreement by either party remaining uncured for more than thirty (30) days after receipt of written notification of such default by the nondefaulting party, or in the case of a breach requiring more than thirty (30) days notice to cure, the defaulting party does not begin and pursue with due diligence a method of cure within thirty (30) days after receipt of written notification specifying in reasonable detail the nature of such default from the nondefaulting party, then the nondefaulting party may terminate this Agreement at its sole option.

Appears in 1 contract

Samples: Preferential Hiring Agreement (Pinnacle Airlines Corp)

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