Third Notification Clause Samples
Third Notification. Issuance of Third Notification must be received within 120 days from the issuance of Second Notification as stated above with the exception of any Establishment Period noted in the Construction Contract or any remaining responsibilities of the Contractor. If Third notification is not issued within the required timeframe, Consequences for Non-Performance, paragraph 8 below may apply.
Third Notification. After an additional 5 business days without a remedy after the second notification, the Manufacturer will send the Dealer a communication noting the continued MAP violation and, depending on the severity of the infraction, will either cancel the dealer discount or terminate the dealership agreement. Manufacturer reserves the right at any time to modify, suspend, or discontinue the MAP in whole or in part. Subject to the gravity and nature of the infraction, Manufacturer, at its discretion, may accelerate the sanction level. All matters of interpretation and application of the terms of the MAP shall remain within the sole discretion of the Manufacturer.