Institution Noncompliance Sample Clauses

Institution Noncompliance. In the event the Institution is not able to meet or maintain any of its obligations under this Agreement or if there is a material change to any of its representations under Section 5.2, the Institution will promptly notify ALCMI in writing. Such written notification will include a description of the breach or material change, and how and by what reasonable date (not to exceed thirty (30) days) such breach or material change will be resolved. Failure to cure any such breach or material change as proposed or failure to provide written notice of such breach or material change to ALCMI will constitute a breach of this Agreement subject to termination according to Section 6.2.