Time to Correct Sample Clauses

Time to Correct. Termination upon a declared default or breach may be exercised only after service of formal written notice as specified in paragraph (4), and the subsequent failure of the defaulting party within 15 calendar days of receipt of that notice to provide evidence, satisfactory to the aggrieved party, showing that the declared default or breach has been corrected.
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Time to Correct. Unless the breach is not curable, or unless circumstances do not permit an opportunity to cure, termination upon declared breach may be exercised only after service of formal written notice as specified in Section 2, Notice, and the subsequent failure of the breaching party within fifteen (15) calendar days of receipt of that notice to provide evidence, satisfactory to the aggrieved party, showing that the declared breach has been corrected. Upon a notice of breach, the time to correct and the time for termination of the contract upon breach under subsection 7C, above, shall run concurrently, unless the notice expressly states otherwise.
Time to Correct. Ter­mina­tion upon a declared de­fault or breach may be exer­cised only after ser­vice of for­mal writ­ten no­tice as specified in paragraph four (4), and the subsequent failure of the defaulting party within fifteen (15) calen­dar days of receipt of that notice to provide evidence, satisfac­tory to the ag­grie­ved party, showing that the declared de­fault or breach has been corrected.
Time to Correct. The reasonableness of the time afforded to the Party or Parties alleged to have breached this Settlement Agreement pursuant to Section 11.02 of this Settlement Agreement to cure the alleged breach and engage in dispute resolution processes shall be determined by considering the circumstances, including the potential harm, injury, or damages that are or may result from the alleged breach and the extent to which such harm, injury, or damages has the potential to worsen with the passage of time.‌
Time to Correct. Termination upon a declared default or breach may be exercised only after service of formal written notice as specified in paragraph (4), and the subsequent failure of the defaulting party within 15 calendar days of receipt of written notice of such default or to provide evidence, satisfactory to the aggrieved party, showing that the declared default or breach has been corrected (“Cure Period”) or if the default cannot be reasonably cured within the Cure Period, the failure of the defaulting part to commence such cure within the Cure Period and diligently proceed to effectuate such cure.
Time to Correct. Termination, and the exercise of any other remedies, upon a declared default or breach may be exercised only after service of formal written notice as specified in subparagraph C of this paragraph, and the subsequent failure of the defaulting party within thirty (30) calendar days after receipt of that notice to provide evidence, satisfactory to the aggrieved party, showing that the declared default or breach has been corrected, or, if additional time is required for correction, showing the amount of time reasonably required, together with a description of the actions to be taken and the time by which the default or breach shall be corrected.

Related to Time to Correct

  • Amendments to Clarify and Correct Errors and Defects The parties may amend this Agreement to clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this Agreement, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders or any other Person.

  • Information True and Correct All information heretofore or hereafter furnished by or on behalf of the Borrower in writing to any Lender, any Agent, the Paying Agent or the Facility Agent in connection with this Agreement or any transaction contemplated hereby is and will be true and complete in all material respects and does not and will not omit to state a material fact necessary to make the statements contained therein not misleading.

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