Common use of Xxxxxxx’s Right to Cure or Respond Clause in Contracts

Xxxxxxx’s Right to Cure or Respond. The Grantee shall have forty-five (45) days from the receipt of the Grantor's written notice: (A) to respond to the Grantor, contesting the assertion of noncompliance or default; or (B) to cure such default; or (C) in the event that, by nature of the default, such default cannot be cured within the forty-five (45) day period, initiate reasonable steps to remedy such default and notify the Grantor of the steps being taken and the projected date that the cure will be completed.

Xxxxxxx’s Right to Cure or Respond. The Grantee shall have forty-five thirty (4530) days from the receipt of the Grantor's written notice: Violation Notice to (Ai) to respond to the Grantor, contesting the assertion of noncompliance or default; noncompliance, or (Bii) to cure such default; , or (Ciii) in the event thatif, by the nature of the default, such default cannot be cured within the forty-five thirty (4530) day period, initiate reasonable steps to remedy such default and notify the Grantor of the steps being taken and the projected date that the cure they will be completed.