Construction Default. Upon the failure, refusal or neglect of Grantee to undertake or complete any construction, reconstruction, repair, relocation or other necessary work as required by this Agreement, thereby creating an adverse impact upon the public health, welfare or safety, Grantor may (but is not required to) cause that work to be completed, in whole or in part, and upon so doing will submit to Grantee an itemized statement of costs. Grantee will be given reasonable advance notice of ▇▇▇▇▇▇▇’s intent to exercise this power, and 30 days to cure the default. Grantee must, within 30 days of billing, pay to Grantor the actual costs incurred.
Appears in 1 contract
Sources: Franchise Agreement
Construction Default. Upon the failure, refusal or neglect of Grantee to undertake or complete any construction, reconstruction, repair, relocation or other necessary work as required by this Agreement, thereby creating an adverse impact upon the public health, welfare or safety, Grantor may (but is not required to) cause that work to be completed, in whole or in part, and upon so doing will submit to Grantee an itemized statement of costs. Grantee will be given reasonable advance notice of ▇▇▇▇▇▇▇’s Grantor's intent to exercise this power, and 30 15 days to cure the default. Grantee must, within 30 days of billing, pay to Grantor the actual costs incurred.
Appears in 1 contract
Sources: Franchise Agreement