Rectification Notice definition
Examples of Rectification Notice in a sentence
Where a Rectifiable Default has occurred, the Authority shall, if it wishes to terminate this Contract, give notice in writing (an “Authority Rectification Notice”) prior to issuing written Notice to the Contractor, requiring the Contractor to make a proposal acceptable to the Authority for the rectification of the Rectifiable Default within ten (10) Business Days after the date of the Authority Rectification Notice (or such longer period as may be agreed by the Authority).
If no such proposal for rectification is received by the Authority within twenty (20) days of the date of the Rectification Notice, the Authority may proceed to terminate the Contract in accordance with Clause 49 (Termination for Default) unless such Event of Default has been remedied within the said period of twenty (20) days, in which case no further action will be taken and the Contract will continue.