Examples of Party In Breach in a sentence
A default of this Agreement (“Default”) shall occur upon the failure of a Party in Breach of this Agreement to cure such Breach in accordance with Section 21.4.
In the event that the alleged breach is not cured by the Party in Breach within the Cure Period, the parties shall commence a mandatory mediation regarding the alleged breach within thirty calendar days of the end of the Cure Period.
Default of this Agreement ("Default") shall occur upon the failure of a Party in Breach of this Agreement to cure such Breach in accordance with the provisions of Section 16.4 of this Agreement.
The party who obey this Agreement (the “Observant Party”) has the right to notify the Party in Breach in written to correct its action within 10 days from the date it get the notice.
The Party in Breach shall be entitled to 30 days from the date of the Notice to rectify or cure the breach which is the subject of the Notice.
Notwithstanding the foregoing, if such Breach is not reasonably susceptible to correction within such sixty-day period, then a Termination Event shall not be deemed to have occurred if the Party in Breach commences and diligently pursues corrective action within such sixty-day period, and the Breach is cured within a reasonable time thereafter.
The Party in Breach shall then have thirty calendar days after the receipt of such written notice cure the alleged breach (the “Cure Period”).
If the Party in Breach does not meet that demand, the Injured Party shall be entitled to bring to arbitration a claim to see the Concession as having come to an end.
If the Injured Party alleges that the non-fulfillment or the non-performance by the Party in Breach is so severe in nature that it touches on the very foundation of the Concession, the Injured Party may demand of the Party in Breach, in a written notice, that it correct the non- fulfillment within a time that seems reasonable in the circumstances.
The party who obeys this Agreement (the “Observant Party”) has the right to notify the Party in Breach in writing to correct its action within 10 days from the date of receipt of the notice.