Examples of Alleging Party in a sentence
During such period, a senior officer of (which shall be, as applicable, the chief executive officer or another senior officeofficer of Licensee and the Chair of the Licensor) of each of the Alleging Party and the Breaching Party, and, in their discretion, CCG Representatives for the Operational Communities 2 Note to Draft: It is possible that either Party may breach its obligations under this Agreement.
Alleging Party to accept any proposed or actual cure of such breach was reasonable.
If either Party to this Agreement (the “Alleging Party”) determines that the other Party (the “Breaching Party”)2 has materially breach this Agreement, then the Alleging Party shall provide the written notification of such alleged breach to the Breaching Party, which notification shall specify in reasonable detail the facts and circumstances of such alleged breach.
In the event that the arbitration referred to in Section 7.4 results in a finding that the Breaching Party materially breached this Agreement and such breach was not cured to the reasonable satisfaction of the Alleging Party (as determined by the arbitrator) prior to the date of the decision of the arbitrator pursuant to Section 7.4, then the Alleging Party shall have the right to terminate this Agreement upon written notice to Breaching Party.
Such monetary damages and specific performance shall be the sole and exclusive remedies available to the Alleging Party.
Following the Alleging Party’s notification to the Breaching Party of such alleged breach pursuant to Section 7.1, the Breaching Party shall have a period of sixty (60) days to cure such breach or, if such breach cannot reasonably be cured within sixty (60) days, within a reasonableor such longer period for such cure to beas agreed betweenby the Alleging Party and the Breaching Party.(“Cure Period”) to cure such breach .