Common use of Notice of Default and Opportunity to Cure Clause in Contracts

Notice of Default and Opportunity to Cure. Upon the occurrence of an Event of Default, the non-defaulting party shall give notice of such default to the defaulting party and, in the event of a monetary default, the defaulting party shall have ten (10) days from the date of such notice within which to cure such default or, in the event of a non-monetary default, the defaulting party shall have twenty (20) days within which to cure such default. In the event such default is not cured within the time required herein, this Agreement may then be terminated.

Notice of Default and Opportunity to Cure. Upon the occurrence of an Event of Default, the non-defaulting party shall give notice of such default to the defaulting party and, in the event of a monetary default, the defaulting party shall have ten (10) business days from the date of such notice within which to cure such default or, in the event of a non-monetary default, the defaulting party shall have twenty (20) business days within which to cure such default. In the event such default is not cured within the time required herein, this Agreement may then be terminated.

Notice of Default and Opportunity to Cure. Upon the occurrence of an Event of Default, the non-defaulting party shall give notice of such default to the defaulting party and, in the event of a monetary default, the defaulting party shall have ten (10) days from the date of such notice within which to cure such default or, in the event of a non-monetary default, the defaulting party shall have twenty (20) days within which to cure such default. In the event such default is not cured within the time required herein, this Agreement may then be terminated.event