Common use of Termination for Defaults Not Cured Clause in Contracts

Termination for Defaults Not Cured. The City may terminate this Agreement for defaults that are not cured within the time allowed by this section by providing 30 days’ notice to Franchisee of its intent to terminate. Franchisee may avoid termination by completely curing the default(s), including payment of the penalty required by Subsection B of this section, unless the notice of termination is the third notice of termination within a 12 month period for unrelated defaults. Franchisee may challenge a notice of termination by providing a written protest to the City Manager within 10 business days of the date of the notice of termination. The City Manager, on receipt of the protest shall either grant the protest, in which case the Agreement will remain in place, or refer the matter to the City Council for a decision. The termination will not become final until after the decision by the City Manager or City Council.

Termination for Defaults Not Cured. The City may terminate this Agreement Franchise for defaults that are not cured within the time allowed by this section by providing 30 days’ notice to Franchisee of its intent at least 30 days prior to terminatetermination. Franchisee may avoid termination by completely curing the default(s)default, including payment of the penalty required by Subsection B of this section, unless the notice of termination is the third notice of termination within a 12 month period for unrelated defaults. Franchisee may challenge a notice of termination by providing a written protest to the City Manager within 10 business days of the date of the notice of termination. The City Manager, on receipt of the protest shall either grant the protest, in which case the Agreement franchise will remain in place, or refer the matter to the City Council for a decision. The termination will not become final until after the decision by the City Manager or City Council.

Termination for Defaults Not Cured. The City Town may terminate this Agreement Franchise for defaults that are not cured within the time allowed by this section by providing 30 days’ notice to Franchisee of its intent Xxxxx Comm at least 30 days prior to terminatetermination. Franchisee Xxxxx Comm may avoid termination by completely curing the default(s)default, including payment of the penalty amounts required by Subsection B of this section, unless the notice of termination is the third notice of termination within a 12 12-month period for unrelated defaults. Franchisee Xxxxx Comm may challenge a notice of termination by providing a written protest to the City Manager Town Administrator within 10 business days of the date of the notice of termination. The City ManagerTown Administrator, on receipt of the protest shall either grant the protest, in which case the Agreement Franchise will remain in place, or refer the matter to the City Council Town Board of Trustees for a decision. The termination will not become final until after the decision by the City Manager or City CouncilTown Board of Trustees.