A Notice. If a party believes that a breach, default or failure of a condition precedent under this Agreement has occurred (hereafter referred to as an “offense”), before rescinding or terminating this Agreement, the party shall give written notice to the other party of the offense and what would be required to cure the offense.
A Notice. (a) given by facsimile shall be deemed to be given on the business day following it is sent
A Notice of Drawdown issued by the Borrower shall be irrevocably binding on the Borrower to act in compliance with such notice. In case the Borrower issues a Notice of Drawdown to the Facility Agent and there is no drawdown on the date specified as Utilization Date due to the reason that the Borrower fails to drawdown or the reason that the Borrower fails to comply with any conditions specified in Clause 3 in full, the Borrower will pay the money to the Long Term Creditor upon request to remedy the damage, loss and expenses as a result of the failure to drawdown on such date including the loss, interest margin, costs and expenses incurred from the reallocation of the amount prepared for the providing of such Long Term Facility to the Borrower.
A Notice consent, approval or other communication (each a *Notice") under this MOU must be in writing signed by or on behalf of the person giving it, addressed to the person to whom it is to be given and: