Opportunity to Cure definition

Opportunity to Cure means that if Key Employee intends to terminate employment for Good Reason, then Key Employee shall give thirty (30) days written notice to Employer of Key Employees' intention to terminate employment for Good Reason. During such thirty (30) day period Employer may, at Employer's option, correct the occurrence of a Good Reason by compensating Employee or by taking such other action as would eliminate the existence of Good Reason as defined above.
Opportunity to Cure or “Opportunity to Correct” shall mean ten (10) calendar days unless some other time period is contained in this chapter, the Franchise Agreement, or is agreed to between Grantor and Grantee.

Examples of Opportunity to Cure in a sentence

  • DISTRICT may terminate performance under the AGREEMENT, in whole or in part and subject to the cure language in Section 8.4 Opportunity to Cure, should CONSULTANT commit a material breach.

  • Opportunity to Cure (General Provision) The City of Charlottesville, in its sole discretion may, in the case of a termination for breach or default, allow the Contractor [an appropriately short period of time] in which to cure the defect.

  • DISTRICT may terminate performance under the AGREEMENT, in whole or in part and subject to the cure language in Section 8.4 Opportunity to Cure, should VENDOR commit a material breach.

  • Opportunity to Cure (General Provision) The AGENCY, in its sole discretion may, in the case of a termination for breach or default, allow the Contractor [an appropriately short period of time] in which to cure the defect.

  • Opportunity to Cure (General Provision)The Duluth Transit Authority, in its sole discretion may, in the case of a termination for breach or default, allow the Contractor ten (10) days in which to cure the defect.

  • Opportunity to Cure - The Owner, in its sole discretion may, in the case of a termination for breach or default, allow the Contractor [an appropriately short period of time] in which to cure the defect.

  • 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.

  • Opportunity to Cure The purchasing agency in its sole discretion may, in the case of a termination for breach or default, allow the Contractor [an appropriately short period of time] in which to cure the defect.

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