Examples of Notice and Cure in a sentence
Notice and Cure: Company will inform Executive, in writing, grounds for termination and Executive will be allowed by Company a period of 30 days to cure.
In the event that a Department Default occurs and it has not been cured within any relevant cure period set out in Section 23.2 (Initial Notice and Cure Periods), the Development Entity may terminate this PPA in accordance with Section 24.2 (Termination for Department Default).
Notice and Cure shall mean (i) Executive shall give Employer a notice of termination within sixty (60) days following the event giving rise to Executive’s Good Reason termination and (ii) Employer shall have a period of thirty (30) days after receiving the notice of termination to remedy the action or inaction on which Good Reason is based.
The Line of Credit Loan may be extended for one additional one (1) year period if (a) Borrower notifies Bank in writing of its election to extend at least ninety (90) days prior to the Due Date as set forth in the Line of Credit Note, (b) no Event of Default exists (excluding any Notice and Cure), and (c) Borrower and Obligors execute such documents and instruments as the Bank may reasonably require to evidence such extension.
DEFAULT 122 23.1 Authority Default 122 23.2 Initial Notice and Cure Periods 123 23.3 Right of Termination 123 ARTICLE 24.
If Contractor is in breach under any provision of this Agreement, the Commonwealth shall have all of the remedies listed in this section in addition to all other remedies set forth in other sections of this Agreement following the notice and cure period set forth in the Breach, Notice and Cure section.
In the event that a Development Entity Default occurs and it has not been cured within any relevant cure period set out in Section 22.3 (Initial Notice and Cure Periods) or (if relevant) in accordance with any remedial plan accepted by the Department pursuant to Section 22.4(a) (Remedial Plan), the Department may terminate this PPA in accordance with, and subject to the terms of, Section 24.5 (Termination for Development Entity Default).
If such termination is for Cause, the Notice of termination shall meet the Notice and Cure requirements provided in Section 21(f).
A copy of the executed Agreement to Provide Notice and Cure Rights shall be submitted by the RC to the Department no later than fifteen (15) days after close of escrow.
Contractor shall allow a reasonable amount of time for Audited Agency to provide the requested information and responses.B. Notice and Cure PeriodIn the event of a breach, notice specifying the nature of such breach shall be given in writing by the aggrieved Party to the other Party in the manner provided in §17 (Notices and Representatives).