Contents of Termination Notice. A Termination Notice shall specify:
Contents of Termination Notice. A Termination Notice shall specify: the nature of the relevant Event of Default; a date and time, which shall be reasonable in the circumstances, at which termination is to take effect; and whether the party serving the Termination Notice reasonably considers that the Event of Default is capable of remedy, and where the relevant Event of Default is capable of remedy: the steps which the party serving the Termination Notice believes are reasonably required to remedy the Event of Default; and a reasonable grace period within which such steps may be taken (where the Event of Default is a failure of the Train Operator to pay Track Charges or other amounts due, 7 days is a reasonable grace period).
Contents of Termination Notice. The notice must specify:
Contents of Termination Notice. A Termination Notice shall specify: the nature of the relevant Event of Default;
Contents of Termination Notice. A Termination Notice shall specify: the nature of the relevant Event of Default; a date and time, which shall be reasonable in the circumstances, at which termination is to take effect; and whether the party serving the Termination Notice reasonably considers that the Event of Default is capable of remedy, and where the relevant Event of Default is capable of remedy: the steps which the party serving the Termination Notice believes are reasonably required to remedy the Event of Default; and a reasonable grace period within which such steps may be taken (where the Event of Default is a failure of the Freight Customer to procure the payment of Track Charges, or pay any other amounts due, 7 days is a reasonable grace period).
Contents of Termination Notice. A Termination Notice shall specify: the nature of the relevant Event of Default or other matter entitling termination under Clause 6.4.1 or 6.4.2 as the case may be; the date and time at which termination is to take effect, which in the case of any notice shall not be earlier than the expiry of any relevant grace period under Clause 6.4.3(c)(ii); and
Contents of Termination Notice. Any Termination Notice shall specify the nature of the Fundamental Breach, requiring that the Fundamental Breach shall be cured, and stating Company’s intention to terminate this Agreement if such Fundamental Breach is not cured or disputed within six (6) months from the date of receipt termination notice by the Transferee (the “Cure Period”).
