Common use of TERMINATION A Clause in Contracts

TERMINATION A. Either party may terminate this agreement by providing written notice of termination to the other party, in which event this agreement shall terminate immediately upon receipt of such notice or at such later date as provided in said notice. b. In the event of a default as defined in paragraph VI.6. hereinabove, the non-defaulting party may, in lieu of immediately terminating this agreement, provide written notice of default to the defaulting party, which notice shall set forth the time-period for cure, which shall be no less than ten (10) days from receipt of the notice by the defaulting party. If the breaching party does not cure the default within the time period set forth in the notice, this agreement shall terminate upon expiration of said time period. 8. NOTICE Notice under this agreement shall be in writing, and delivered by hand, receipt acknowledged, or delivered by registered certified United States mail, return receipt requested, and if refused, by regular United States mail, addressed to the parties as stated below: a. ATTN: PRESIDENT METROPOLITAN MORTGAGE & SECURITIES CO., INC. W. 000 Xxxxxxx Xxx. Spokane, WA 99204.

Appears in 4 contracts

Samples: Management, Acquisition and Servicing Agreement (Summit Securities Inc /Id/), Management, Acquisition and Servicing Agreement (Summit Securities Inc /Id/), Management, Acquisition and Servicing Agreement (Summit Securities Inc /Id/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.