Common use of Default by BNPPLC Clause in Contracts

Default by BNPPLC. If BNPPLC should default in the performance of any of its obligations under this Lease, BNPPLC will have the time reasonably required, but in no event less than thirty days, to cure such default after receipt of notice from NAI specifying such default and specifying what action NAI believes is necessary to cure the default.

Appears in 9 contracts

Samples: Lease Agreement (Network Appliance Inc), Participation Agreement (Network Appliance Inc), Lease Agreement (NetApp, Inc.)

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Default by BNPPLC. If BNPPLC should default in the performance of any of its obligations under this Lease, BNPPLC will have the time reasonably required, but in no event less than thirty days or more than sixty days, to cure such default after receipt of notice from NAI ChoicePoint specifying such default and specifying what action NAI ChoicePoint believes is necessary to cure the default.

Appears in 2 contracts

Samples: Lease Agreement (Choicepoint Inc), Lease Agreement (Choicepoint Inc)

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