Opportunity to Cure definition

Opportunity to Cure or “Opportunity to Correct” shall mean ten (10) calendar days unless some other time period is contained in this chapter, the Franchise Agreement, or is agreed to between Grantor and Grantee.
Sample 1
Opportunity to Cure means that if Key Employee intends to terminate employment for Good Reason, then Key Employee shall give thirty (30) days written notice to Employer of Key Employees' intention to terminate employment for Good Reason. During such thirty (30) day period Employer may, at Employer's option, correct the occurrence of a Good Reason by compensating Employee or by taking such other action as would eliminate the existence of Good Reason as defined above.
Sample 1

Examples of Opportunity to Cure in a sentence

  • DISTRICT may terminate performance under the AGREEMENT, in whole or in part and subject to the cure language in Section 8.4 Opportunity to Cure, should CONSULTANT commit a material breach.

  • Opportunity to Cure (General Provision) The City of Charlottesville, in its sole discretion may, in the case of a termination for breach or default, allow the Contractor [an appropriately short period of time] in which to cure the defect.

  • DISTRICT may terminate performance under the AGREEMENT, in whole or in part and subject to the cure language in Section 8.4 Opportunity to Cure, should VENDOR commit a material breach.

  • Opportunity to Cure (General Provision) The AGENCY, in its sole discretion may, in the case of a termination for breach or default, allow the Contractor [an appropriately short period of time] in which to cure the defect.

  • Opportunity to Cure (General Provision)The Duluth Transit Authority, in its sole discretion may, in the case of a termination for breach or default, allow the Contractor ten (10) days in which to cure the defect.

  • Opportunity to Cure - The Owner, in its sole discretion may, in the case of a termination for breach or default, allow the Contractor [an appropriately short period of time] in which to cure the defect.

  • Any such liquidated damages shall be assessed as of the date that the Licensee receives written notice, by certified mail, pursuant to Section 9.8 (Notice and Opportunity to Cure) above, of the provision(s) which the Issuing Authority believes to be in default, unless cured pursuant to Section 9.8 (Notice and Opportunity to Cure) above.

  • For the violation of any of the following material provisions of this Renewal License, liquidated damages shall be paid by the Licensee to the Town, subject to Section 9.8 (Notice and Opportunity to Cure) above.

  • Upon reasonable notice and opportunity to cure, AT&T-13STATE may limit, terminate or refuse access if Attaching Party violates this provision.12.4 Notice and Opportunity to Cure Breach.

  • Opportunity to Cure (General Provision) The CITY in its sole discretion may, in the case of a termination for breach or default, allow the CONTRACTOR [an appropriately short period of time] in which to cure the defect.

Related to Opportunity to Cure

  • Notice of Intent to Cure has the meaning specified in Section 6.02(b).

  • Company Cure Period has the meaning specified in Section 10.01(b).

  • Due Diligence Period has the meaning set forth in Section 4.1(a).

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Renewal Notice As defined in Section 1.4(a).

  • Experience period means the most recent period of time for which experience is reported, but not for a period longer than three (3) full years. (7-1-93)

  • Notice of Extension has the meaning specified in Section 2.20.

  • Anticipated Cure Deadline has the meaning specified in Section 8.03(a).

  • Breach Notice has the meaning specified in Section 8.2(a);

  • Negotiation Period has the meaning given in Clause 5.10;

  • Initial Cure Period As defined in Section 2.03(b).

  • Notice of Interest Rate Election has the meaning set forth in Section 2.10.

  • Valuation Notice means the notice given by the Partnership pursuant to Section 8.5(b) or Section 8.6(a) and stating the Initial Value at which a Purchase Right is to be exercised or at which a Repurchase Obligation is to be effected.

  • Cure Period means the period specified in this Agreement for curing any breach or default of any provision of this Agreement by the Party responsible for such breach or default and shall:

  • Notice of Proposal to Negotiate has the meaning set forth in Section 10(c) hereof.

  • Submission Deadline means 1:00 P.M., New York City time, on any Auction Date or such other time on any Auction Date as may be specified by the Auction Agent from time to time as the time by which each Broker-Dealer must submit to the Auction Agent in writing all Orders obtained by it for the Auction to be conducted on such Auction Date.

  • Notice of Election to Purchase has the meaning assigned to such term in Section 15.1(b).

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Election to Foreclose Any election by the Purchaser to proceed with the Commencement of Foreclosure, made in accordance with Section 2.03(a).

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Calendar Days means days including all holidays;

  • Mediation Notice is defined in Section 6.2(b).

  • Calendar Day means the period from one midnight to the following midnight;

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;