Opportunity to Cure definition

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
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

Examples of Opportunity to Cure in a sentence

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

  • Opportunity to Cure (General Provision) The (Recipient) 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 RTA 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 municipal corporation in its sole discretion may, in the case of a termination for breach or default, allow contractor an appropriately short period of time in which to cure the defect.

  • If, after termination for failure to fulfill contract obligations, it is determined that the Contractor was not in default, KCATA, after setting up a new delivery or performance schedule, may allow the Contractor to continue work, or treat the termination as a termination for convenience.D. Opportunity to Cure.

  • The Contractor may only terminate this Agreement based upon the Agency’s uncured, material breach of this Agreement.B. Notice; Agency Opportunity to Cure.

  • 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 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 CONSULTANT commit a material breach.

  • Environment and Planning C 24: 159-175 (D I Ashby, B Irving, P A Longley).

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).

  • Repudiation/Moratorium Extension Notice means a notice from the Calculation Agent to the Issuer (which the Calculation Agent has the right but not the obligation to deliver) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled Maturity Date. A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective.

  • 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.

  • 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 2.08.

  • 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.

  • Appraisal District means the Xxxxxx County Appraisal District.

  • Discussion Time shall have the meaning ascribed to such term in Section 3.2(f).

  • 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;

  • Non-significant effect means no substantial change to an environmental component and this no material bearing on the decision-making process.

  • Mediation Notice has the meaning set forth in Section 7.06(c).