Examples of Default Termination Notice in a sentence
After receipt of a Default Termination Notice, Mesa and the Affiliated Service Providers shall continue to provide the Flight Services and Other Services in accordance with this Agreement until the termination date set forth in the Default Termination Notice.
Each Standby Letter of Credit shall contain a provision authorizing the Issuing Bank that issued such Letter of Credit to deliver to the beneficiary of such Letter of Credit, upon the occurrence and during the continuance of an Event of Default, a notice (a "Default Termination Notice") terminating such Letter of Credit and giving such beneficiary 15 days to draw such Letter of Credit.
The Borrower may deliver the termination notice to the Seller so long as the RUS has not notified the Borrower within the later of 29 days of receipt of the Default Termination Notice or one business day prior to the Borrower's delivery of a notice of termination to Seller that the RUS objects to the Borrower terminating the Purchase Agreement.
Until the Arbitration Panel issues a decision finding that the Default Termination Notice was properly and justifiably issued based upon the terms of this Agreement (a “Finding For Termination”), this Agreement shall not terminate, in which case the Parties agree that there shall be no disruption or disturbance in the operation of the Hotel in accordance with the terms of this Agreement.
After receipt of a Default Termination Notice, CAI shall continue to provide the Flight Services in accordance with this Agreement until the termination date set forth in the Default Termination Notice.