STEP-IN PERIOD Sample Clauses

STEP-IN PERIOD. OPPORTUNITY TO CURE OR TO TRANSFER
STEP-IN PERIOD. 6.1 Without prejudice to clause 3 (Notice of Termination and Existing Liabilities), but subject to clause 6.2 (Step-In Period), the Authority shall not terminate the Project Agreement during the Step-In Period on grounds:-
STEP-IN PERIOD. During a Step-In Period:
STEP-IN PERIOD. (i) Client may elect to cease exercising its right to Step In at any time during the Step In period by providing a step out notice to Provider and Client’s right to Step In will end, and Client must hand back the responsibility to Provider, when Provider demonstrates to Client’s reasonable satisfaction that Provider is capable of resuming provision of the affected Service in accordance with the requirements of this Agreement (the “Step In Period”). Promptly following the commencement of Step In, Provider shall perform a Root Cause Analysis to determine the cause of the Step In Trigger and reasons for the failure of the Action Plan to remedy the Underlying Problems. Provider will deliver the results of its Root Cause Analysis to Client along with a new Action Plan based on such Root Cause Analysis. The new Action Plan shall be promptly reviewed and discussed first by the Executive Committee and then by the Steering Committee. Following such review and discussion, the Parties shall reasonably agree on the new Action Plan, including objective criteria for determining when the Step In Period will end (the “Step In Exit Criteria”). Client will hand back the responsibility for the affected Services to Provider when Provider demonstrates to the Executive Steering Committee’s approval that the Step In Exit Criteria have been achieved.
STEP-IN PERIOD. 6.1 Without prejudice to Clause 3 but subject to Clause 6.2 below, the Lead Authority shall not terminate the Contract during the Step-In Period on grounds:
STEP-IN PERIOD. 6.1 Without prejudice to clause 3 (Notice of Termination and Existing Liabilities) but subject to clause 6.2, TfL shall not terminate the Project Agreement during a Step–In Period on grounds:
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STEP-IN PERIOD. 6.1. Without limiting clause 3 (Notices of Pre-termination and Existing Liabilities), but subject to clause 6.2, the Municipality shall not terminate the PPP Agreement during the Step-in Period on grounds:
STEP-IN PERIOD. Notwithstanding Clause 5, the CoT may terminate the PPP Agreement by written notice to the Private Party (copied to the Agent and the Appointed Representative) if: during the Step-In Period the Private Party is placed under final liquidation; any amount referred to in Clause 7.6.1(a) above has not been paid to the CoT on or before the Step-In Date; during the Step-In Period amounts, not exceeding in aggregate R2 000 000.00 (two million Rand) over and above the amount stated in the Notice of Existing Liabilities, of which the CoT was not aware (having made proper enquiry) at the time of the Notice of Existing Liabilities, subsequently become due and payable by the Private Party and are not discharged on or before the date falling 15 (fifteen) Business Days after the date on which the liability for these amounts is notified to the Agent; if a Private Party Event of Default occurs on grounds arising prior to the Step-In Date (other than the ones contained in the Termination Notice) and any of the conditions referred to in Clauses 9.2.2(a) and 9.2.2(b) prevail; for any Private Party Event of Default arising after the Step-in-Date provided that any Penalty Deductions that accrued prior to the Step-in-Date shall not be taken into account for the purposes of termination, but shall be taken into account for such purposes after the Step-out-Date; and in accordance with the provisions of the PPP Agreement where applicable. The CoT shall not terminate the PPP Agreement for Private Party Event of Default during the Step-In Period, on grounds: that the Agent has served a Step-In Notice pursuant to Clause 8.1.1 or enforced any Security Document; or arising prior to the Step-In Date (which are not the basis or grounds for the Termination Notice) of which the CoT was aware (having made proper enquiry) and whether or not continuing at the Step-In Date (such grounds to include without limitation any Warning Notices issued) unless: the grounds arose prior to the Service Commencement Date, and the Works are not completed on or before the date which is 3 months after the Step-in Date; or the grounds arose after the Service Commencement Date, and neither the Appointed Representative nor the Private Party is using all reasonable endeavours (including implementation of any Remedy Programme applicable to such breach) to remedy any Private Party Event of Default that:
STEP-IN PERIOD. 14.1. Notwithstanding Clause 7, the Public Authority may terminate the Project Agreement if:
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