Common use of Right to suspend Clause in Contracts

Right to suspend. (a) The Station Facility Owner may serve a Suspension Notice where a Beneficiary Event of Default has occurred and is continuing, provided the relevant Event of Default is reasonably capable of remedy.

Appears in 39 contracts

Samples: Independent Station Access Agreement, Station Access Agreement, Station Access Agreement

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Right to suspend. (a) The Station Depot Facility Owner may serve a Suspension Notice where a Beneficiary Event of Default has occurred and is continuing, provided the relevant Event of Default is reasonably capable of remedy.

Appears in 8 contracts

Samples: Depot Access Agreement, Access Agreement, www.orr.gov.uk

Right to suspend. (ai) The Station Facility Owner may serve a Suspension Notice where a Beneficiary Event of Default has occurred and is continuing, provided the relevant Event of Default is reasonably capable of remedy.remedy.‌

Appears in 1 contract

Samples: Agreement

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Right to suspend. (i) (a) The Station Facility Owner may serve a Suspension Notice where a Beneficiary Event of Default has occurred and is continuing, provided the relevant Event of Default is reasonably capable of remedy.. (ii) (b) The Beneficiary may serve a Suspension Notice where a Station Facility Owner Event of Default has occurred and is continuing, provided the relevant Event of Default is reasonably capable of remedy. (b) 5.3.2 Contents of a Suspension Notice A Suspension Notice shall specify:

Appears in 1 contract

Samples: Station Access Agreement

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