Common use of Managers’ Default Clause in Contracts

Managers’ Default. If the Managers fail to meet their obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, requiring them to remedy it as soon as practically possible. In the event that the Managers fail to remedy it within a reasonable time to the satisfaction of the Owners, the Owners shall be entitled to terminate the Agreement with immediate effect by notice in writing.

Managers’ Default. If the Managers fail Manager fails to meet their its obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the ManagersManager, the Owners Company may give notice in writing to the Managers Manager of the default, requiring them it to remedy it the default as soon as practically possible. In the event that the Managers fail Manager fails to remedy it within a reasonable time to the reasonable satisfaction of the OwnersCompany, the Owners Company shall be entitled to terminate the this Agreement with immediate effect by giving notice in writingwriting to the Manager.

Managers’ Default. If the Managers fail to meet their obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, requiring them to remedy it within as soon as practically possible. In the event that the Managers fail to remedy it within a reasonable time to the satisfaction of the Owners, the Owners shall be entitled to terminate the Agreement with immediate effect by notice in writing.

Managers’ Default. If the Managers fail to meet their obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, requiring them to remedy it as soon as practically possible. In the event that the Managers fail to remedy it within 30 days after a reasonable time written notice to the satisfaction of Managers from the Owners, the Owners shall be entitled to terminate the Agreement with immediate effect by notice in writingwriting without prejudice to any rights of the Owners at such time.

Managers’ Default. If the Managers fail to meet their obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, requiring them to remedy it as within 20 Business Daysas soon as practically possible. In the event that the Managers fail to remedy it within a such perioda reasonable time to the satisfaction of the Owners, the Owners shall be entitled to terminate the Agreement with immediate effect effect by notice in writing.

Managers’ Default. If the Managers fail to meet in any material respect their obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, requiring them to remedy it as soon as practically possible. In the event that the Managers fail to remedy it within a reasonable time to the satisfaction of the Owners, the Owners shall be entitled to terminate the this Agreement with immediate effect by thirty (30) days’ prior notice in writing.

Managers’ Default. If the Managers are in material breach of any of fail to meet their obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, requiring them to remedy it as soon as practically Possible arid in any case within ***** days of such notice whenever practically possible. In the event that the Managers fail to remedy the default within the time permitted it within a reasonable time to the satisfaction of the Owners, the Owners shall shalt be entitled to terminate the Agreement with immediate effect by notice in writing.

Managers’ Default. If the Managers fail to meet their obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, requiring them to remedy it as soon as practically possible. In the event that the Managers fail to remedy it within a reasonable time to the satisfaction of the Owners, Owners the Owners shall be entitled to terminate the Agreement with immediate effect by notice in writing.

Managers’ Default. If the Managers fail to meet their obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, requiring them to remedy it as soon as practically possible. In the event that the Managers fail to remedy it within a reasonable time to the satisfaction of the Owners 30 days after a written notice to the Managers from the Owners, the Owners shall be entitled to terminate the Agreement with immediate effect by notice in writingwriting without prejudice to any rights of the Owners at such time.

Managers’ Default. If the Managers fail to meet their obligations under Clauses 3 and and/or 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, requiring them to remedy it as soon as practically possible. In the event that the Managers fail to remedy it within a reasonable time to the satisfaction of the Ownerssuch time, the Owners shall be entitled to terminate the Agreement with immediate effect by notice in writing.

Managers’ Default. If the Managers fail to meet their obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, requiring them to remedy it as soon as practically possible. In the event that the Managers fail to remedy it within a reasonable time to the satisfaction of the Owners, the Owners Owner shall be entitled to terminate the Agreement with immediate effect by notice in writing.

Managers’ Default. If the Managers fail to meet their obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, requiring them to remedy it as soon as practically possible. In the event that the Managers fail to remedy it within a reasonable time to the satisfaction of the Owners, the Owners shall be entitled to terminate the Agreement with immediate effect by notice in writing.Managers

Managers’ Default. If the Managers fail to meet their obligations under Clauses 3 and 4 of this Agreement for any reason within the control of the Managers, the Owners may give notice to the Managers of the default, default requiring them to remedy it as soon as practically possible. In the event that the Managers fail to remedy it within a reasonable time to the satisfaction of the Owners, the Owners shall be entitled to terminate the Agreement with immediate effect by notice in writing.

Managers’ Default. If the Managers fail to meet their obligations obligation under Clauses 3 and 4 of this Agreement for any reason within the control of the Managersmanagers, the Owners may give notice to the Managers of the default, requiring them to remedy it as soon as practically possible. In the event that the Managers fail to remedy it within a reasonable time to the satisfaction of the Owners, the Owners shall be entitled to terminate the Agreement with immediate effect by notice in writing.