THIRTY-DAY CURE Sample Clauses

THIRTY-DAY CURE. Maintaining the System's standards, goodwill,Marks, and Proprietary Information is essential for continued growth andprofitability of the System, protection of other System Owners, and meeting thepublic's expectations of the System. The terms of this Agreement are reasonableand essential to preserve the interests of all concerned. Upon Owner's breach ofthis Agreement, WPHLI may pursue any remedy for same, including, withoutlimitation or election of remedies, termination of this Agreement by deliveringnotice of termination to Owner, subject to Owner's opportunity to cure as setforth herein, if any. Such termination is deemed to be for good cause andeffective upon the date stated in the notice and according to its terms, unlessOwner timely cures the breach within the stated cure period or becomes entitledto an extended cure period and timely cures within the extended cure period.Upon Owner's breach, WPHLI may deliver a notice of intent to terminatespecifying the breach and a date at least thirty days hence by which Owner xxxxxxxx termination by curing the breach to WPHLI's satisfaction which notice ofintent to terminate shall become effective without further notice to Owneraccording to its terms if Owner does not timely fully comply with the cureconditions. If the nature of the breach is such that it cannot be cured withinthe cure period, and Owner promptly takes diligent steps to cure the breachimmediately upon receiving such notice, promptly informs WPHLI in writing of thesteps Owner is taking to cure the breach, and diligently continues to do so,then, subject to WPHLI's consent, Owner shall have such additional period oftime as is reasonably necessary to cure the breach, not to exceed ninety days.Curing a breach includes at least fully remedying the breach, taking all stepsneeded to prevent the breach from occurring again, providing unconditionalwritten assurance to WPHLI that the breach will not be repeated, and payingWPHLI and all other non-defaulting entities adversely affected by Owner's breachall of their damages and attorney's fees caused by the breach, if any. None ofthe foregoing prevents a party from recovering damages or other relief orexercising any other remedy available to it, in law or equity, as determined bythis Agreement's dispute resolution process.
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Related to THIRTY-DAY CURE

  • Thirty Day Payments Upon receipt of a billing statement that complies with all invoice requirements set forth in this Article, the State shall make a good faith effort to pay the amount which is due and payable within thirty (30) days.

  • Holiday Falling on a Scheduled Workday‌ A team member who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double-time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double-time and one-half for hours worked, plus a day off in lieu of the holiday. The scheduling of the lieu day shall be in accordance with Appendix 4.

  • Holiday Falling on a Day of Rest (a) When a paid holiday falls on an employee's day of rest, the employee shall be entitled to a day off with pay in lieu.

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  • Minimum Call-Back Time An employee who is called in and required to work outside their regular working hours shall be paid for a minimum of two (2) hours at overtime rates unless the call-in is immediately prior to their normal work day, in which case there should be no minimum.

  • Holiday Falling on a Scheduled Workday An employee who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double-time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double-time and one-half for hours worked, plus a day off in lieu of the holiday.

  • Payment in the Event Losses Fail to Reach Expected Level On the date that is 45 days following the last day (such day, the “True-Up Measurement Date”) of the Final Shared Loss Month, or upon the final disposition of all Shared Loss Assets under this Single Family Shared-Loss Agreement at any time after the termination of the Commercial Shared-Loss Agreement, the Assuming Institution shall pay to the Receiver fifty percent (50%) of the excess, if any, of (i) twenty percent (20%) of the Intrinsic Loss Estimate less (ii) the sum of (A) twenty-five percent (25%) of the asset premium (discount) plus (B) twenty-five percent (25%) of the Cumulative Shared-Loss Payments plus (C) the Cumulative Servicing Amount. The Assuming Institution shall deliver to the Receiver not later than 30 days following the True-Up Measurement Date, a schedule, signed by an officer of the Assuming Institution, setting forth in reasonable detail the calculation of the Cumulative Shared-Loss Payments and the Cumulative Servicing Amount.

  • Night Shift Differential 1. An employee who works an assigned night shift shall, in addition to his or her regular salary, be paid a night shift differential for each hour actually worked on the assigned night shift.

  • Evening Shift Differential A shift premium of two dollars and seventy-five cents ($2.75) per hour shall be paid:

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