Default Procedures. Upon the occurrence of an Event of Default which can be cured by the immediate payment of money to the City or a third party, the Franchisee shall have thirty (30) days from written notice of the occurrence of the Event of Default from the Director to cure the Default before the City may exercise any of the default remedies provided for in Section X. Upon the occurrence of an Event of Default by the Franchisee which cannot be cured by the immediate payment of money to the City or a third party, the Franchisee shall have thirty (30) days from the date of written notice from the City to the Franchisee of the occurrence of the Event of Default to cure the Event of Default before the City may exercise any of its rights or remedies provided for in Section X, unless the Director, the City Manager, or the Council authorizes a longer cure period upon a showing of good cause to extend the cure period. If an Event of Default is not cured within the time period allowed for curing the Event of Default, as provided above, the Event of Default becomes, without additional notice, an Uncured Event of Default, which shall entitle the City to exercise the remedies provided for in Section X.
Default Procedures. In the occurrence of a Default Event, as that term is defined below, Zero Hash, in its sole discretion, shall take the actions described in this section and in accordance with the document governing the Transaction, if applicable, which some Participants of Zero Hash may be required to enter into in order to participate on a Transaction Platform.
Default Procedures. 2.1. If for any reason whatsoever the Company:
Default Procedures. If a party believes a default has occurred, it may notify the other party in writing of such alleged default, specifying its nature. The parties shall meet within thirty (30) days to attempt to agree in whether there is such a default and, if so, on an appropriate remedy. If the parties are unable to agree, the complaining party may, within sixty (60) days after giving notice of such default, begin arbitration proceedings as provided for in this Exploration Agreement.
Default Procedures. If Rich Dad chooses to declare Licensee in default after the occurrence of any event under Section 7.1 or for any other material breach, then Rich Dad shall provide to Licensee a written notice of default (“NOD”). Licensee shall have the right to cure such default within 30 days of receipt of the NOD, unless such default event cannot be cured in such 30-day period in which case Licensee must demonstrate to Rich Dad’s satisfaction within such 30-day period that it has taken reasonable steps to cure such default event. If Licensee fails to cure the default event within the allotted time, Rich Dad may, at its sole and absolute discretion, declare a material breach of this Agreement and terminate this Agreement effective immediately. Notwithstanding the foregoing, any default under Section 7.1 (a) though (e) are not subject to any cure period, and create an immediate option to terminate for Rich Dad or deem this Agreement terminated for purposes of terminating the Escrow Account created pursuant to the Account Agreement.
Default Procedures. If Lessee defaults in any of the following particulars: Fails to pay the fees prescribed in this Agreement with reasonable promptness as the same shall become due following no less than ten (10) days written notice from City of such delinquency; or Breaches any other term or condition of this Agreement; then City shall give Lessee written notice, either by mail or personal service, setting forth the nature of the default and a demand that said default be cured and remedied. If Lessee fails, neglects or refuses within thirty (30) days after the giving of said notice to cure or remedy the default, or commence and diligently continue such cure, then City, upon notice and without suit or other proceedings, may terminate this Agreement and cancel and annul the rights and privileges granted herein.
Default Procedures. 1) The transactions conducted by the Member in the Market shall become due and payable in the following situations.
Default Procedures. The following procedures shall be used by Lender for a Default and Workout. The performance of the procedures shall be a condition precedent to USBGI’s further obligations for a Participation or on a Guarantee:
Default Procedures. Lender shall undertake the following procedures for a Loan in Default:
Default Procedures. If Lessee defaults in any of the following particulars:
