Notice and Opportunity to Cure definition

Notice and Opportunity to Cure means that, before any right of termination or other remedy authorized hereunder may be exercised (i) the Party who intends to exercise such right or remedy must deliver to the other Party a written notice which specifies the reason(s) for the intended exercise and the action(s) necessary to avoid it, and (ii) the other Party fails to cure, within thirty (30) days after receipt of such written notice, the specified problem(s) that would justify the intended exercise.
Sample 1

Examples of Notice and Opportunity to Cure in a sentence

  • Any such liquidated damages shall be assessed as of the date that the Licensee receives written notice, by certified mail, pursuant to Section 9.8 (Notice and Opportunity to Cure) above, of the provision(s) which the Issuing Authority believes to be in default, unless cured pursuant to Section 9.8 (Notice and Opportunity to Cure) above.

  • For the violation of any of the following material provisions of this Renewal License, liquidated damages shall be paid by the Licensee to the Town, subject to Section 9.8 (Notice and Opportunity to Cure) above.

  • Upon reasonable notice and opportunity to cure, AT&T-13STATE may limit, terminate or refuse access if Attaching Party violates this provision.12.4 Notice and Opportunity to Cure Breach.

  • If after Notice and Opportunity to Cure, the defaulting party fails to cure the Deadline Default, the non-defaulting party may elect to cease further performance under this Agreement.

  • The administrative citation shall be issued on a form prescribed by the Office of Labor Standards Enforcement.(b) Notice and Opportunity to Cure.

  • After Notice and Opportunity to Cure Except as provided in the foregoing paragraphs and of this Section, Licensee shall have sixty (60) days after its receipt from Licensor of a written notice of termination within which to remedy any default hereunder (or, if the default cannot reasonably be cured within such sixty (60) days, to initiate within that time substantial and continuing action to cure the default), and to provide evidence thereof to Licensor.

  • The parties expressly agree that notwithstanding anything to the contrary contained in this Agreement, no condition, failure, breach or event shall be a deemed an Event of Default (“Event of Default”) under this Agreement until and unless the defaulting/breaching party shall have been given the required Written Notice and Opportunity to Cure which shall be at least thirty (30) days as provided above.

  • Remedies [I/T/U] Notice and Opportunity to Cure In the event of a breach of the Contract, the non-breaching party must notify the breaching party of the breach in writing.

  • Heirloom’s Notice and Motion make only the general recitations necessary to support a summary judgment filing and thereafter rely upon the South Carolina Notice and Opportunity to Cure Construction Dwelling Defects Act, S.C. Code Ann.

  • Following up that agreement signed on July 5, 1983, the attorney for the bank requested the City enter into an Agreement as to Notice and Opportunity to Cure.

Related to Notice and Opportunity to Cure

  • Notice of Intent to Cure has the meaning assigned to such term in Section 6.15(b).

  • Company Cure Period has the meaning specified in Section 10.01(b).

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Arbitration Notice has the meaning set forth in Section 9.13.

  • Valuation Notice means the notice given by the Partnership pursuant to Section 8.5(b) or Section 8.6(a) and stating the Initial Value at which a Purchase Right is to be exercised or at which a Repurchase Obligation is to be effected.

  • Reference Notice means a notice given to the Water Services Regulation Authority under paragraph 11 or 14 of Condition B;

  • Opportunity Cost means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6.

  • Renewal Notice As defined in Section 1.4(a).

  • Mediation Notice is defined in Section 6.2(b).

  • Termination Warning Notice means a notice sent by the Secretary of State to the Academy Trust, stating his intention to terminate this Agreement.

  • Minimum Extension Condition has the meaning specified in Section 2.15(b).

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Litigation Conditions has the meaning set forth in Section 11.3.

  • Dispute Period shall have the meaning specified in Section 9.3(a).

  • Notice of Extension has the meaning specified in Section 2.20.

  • TIA Applicability Determination As defined in Section 12.12.

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • compliance notice means a notice served in accordance with regulation 21(2); “conformity assessment procedure” means any procedure referred to in regulation 6;

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Submission Deadline means 1:00 P.M., New York City time, on any Auction Date or such other time on any Auction Date as may be specified by the Auction Agent from time to time as the time by which each Broker-Dealer must submit to the Auction Agent in writing all Orders obtained by it for the Auction to be conducted on such Auction Date.

  • Initial Cure Period As defined in Section 2.03(b).

  • Notice of Dispute has the meaning provided in Section 2.1(f)(iii) of this Commercial Shared-Loss Agreement.

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • Applicable Period See Section 2(b) hereof.

  • Due Diligence Period has the meaning set forth in Section 4.1.

  • Put Notice has the meaning provided in Section 3.4.