Common use of Uncured Breach Clause in Contracts

Uncured Breach. Contractor fails or refuses to perform any of its obligations under this 1433 Agreement; the Authority Notifies the Contractor in writing that a specific failure or refusal 1434 has occurred which will, unless corrected, in its opinion, give the Authority a right to 1435 terminate this Agreement; and, the Contractor does not correct the breach within twenty 1436 (20) Days of receiving the Authority's Notice thereof. However, if the breach is not capable 1437 of cure within twenty (20) Days, Contractor will promptly initiate the process to cure the 1438 default and provide Authority a Notice explaining why Contractor believes it needs additional 1439 time to effectuate a cure, together with a schedule therefore, and will diligently proceed to 1440 cure the breach within that schedule, whereupon Authority, in its sole discretion, may: (i) 1441 accept Contractor's schedule of cure; (ii) make a written demand that Contractor cure the 1442 default within an alternative time period set by Authority; or (iii) terminate this Agreement 1443 at the end of the twenty- (20-) Day period; 1444

Appears in 1 contract

Samples: Agreement

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Uncured Breach. Contractor fails or refuses to perform any of its obligations under this 1433 1669 Agreement; the Authority Notifies Contract Manager notifies the Contractor in writing that a specific failure or 1670 refusal 1434 has occurred which willshall, unless corrected, in its opinion, give the Authority a right to 1435 1671 terminate this Agreement; and, and the Contractor does not correct the breach within twenty 1436 (20) 1672 Calendar Days of receiving the AuthorityAuthority Contract Manager's Notice thereof. However, if the breach is 1673 not capable 1437 of cure within twenty (20) Calendar Days, Contractor will shall promptly initiate provide the process to cure the 1438 default and provide Authority 1674 Contract Manager a Notice explaining why Contractor believes it needs additional 1439 time to effectuate a 1675 cure, together with a schedule therefore, and will shall diligently proceed to 1440 cure the breach within that 1676 schedule, whereupon Authority, in at its sole discretion, may: may (ia) 1441 accept Contractor's schedule of cure; , or 1677 (iib) make a written demand that Contractor cure the 1442 default within an alternative reasonable time 1678 period set by Authority; or (iii) terminate this Agreement 1443 at the end of the twenty- (20-) Day period; 1444.

Appears in 1 contract

Samples: Agreement

Uncured Breach. Contractor fails or refuses to perform any of its obligations under this 1433 1465 Agreement; the Authority Notifies Contract Manager notifies the Contractor in writing that a specific failure or 1466 refusal 1434 has occurred which willshall, unless corrected, in its opinion, give the Authority a right to 1435 1467 terminate this Agreement; and, and the Contractor does not correct the breach within twenty 1436 (20) 1468 Calendar Days of receiving the AuthorityAuthority Contract Manager's Notice thereof. However, if the breach is 1469 not capable 1437 of cure within twenty (20) Calendar Days, Contractor will shall promptly initiate provide the process to cure the 1438 default and provide Authority 1470 Contract Manager a Notice explaining why Contractor believes it needs additional 1439 time to effectuate a 1471 cure, together with a schedule therefore, and will shall diligently proceed to 1440 cure the breach within that 1472 schedule, whereupon Authority, in at its sole discretion, may: may (ia) 1441 accept Contractor's schedule of cure; , or 1473 (iib) make a written demand that Contractor cure the 1442 default within an alternative reasonable time 1474 period set by Authority; or (iii) terminate this Agreement 1443 at the end of the twenty- (20-) Day period; 1444.

Appears in 1 contract

Samples: Agreement

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Uncured Breach. Contractor fails or refuses to perform any of its obligations under this 1433 1466 Agreement; the Authority Notifies Contract Manager notifies the Contractor in writing that a specific failure or 1467 refusal 1434 has occurred which willshall, unless corrected, in its opinion, give the Authority a right to 1435 1468 terminate this Agreement; and, and the Contractor does not correct the breach within twenty 1436 (20) 1469 Calendar Days of receiving the AuthorityAuthority Contract Manager's Notice thereof. However, if the breach is 1470 not capable 1437 of cure within twenty (20) Calendar Days, Contractor will shall promptly initiate provide the process to cure the 1438 default and provide Authority 1471 Contract Manager a Notice explaining why Contractor believes it needs additional 1439 time to effectuate a 1472 cure, together with a schedule therefore, and will shall diligently proceed to 1440 cure the breach within that 1473 schedule, whereupon Authority, in at its sole discretion, may: may (ia) 1441 accept Contractor's schedule of cure; , or 1474 (iib) make a written demand that Contractor cure the 1442 default within an alternative reasonable time 1475 period set by Authority; or (iii) terminate this Agreement 1443 at the end of the twenty- (20-) Day period; 1444.

Appears in 1 contract

Samples: Franchise Agreement

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