Examples of Step-In Notice in a sentence
A Termination Notice and a Step-in Notice may each be revoked (in writing to the recipient) by the party giving them before the expiry of their respective notice periods.
Not less than five Business Days prior to the Proposed Step-in Date, the Project Contractor will give notice to the City of any sums which are due and payable but unpaid by Project Co and of any other material obligations or liabilities, which should have been performed or discharged by Project Co under the Project Contract, in each case, as at the date of the Step-in Notice.
In Undertaking If the City does not deliver the Step-in Undertaking on or before the Proposed Step-in Date, the Step-in Notice will be deemed to have been withdrawn and the rights and obligations of the parties will be construed as if the Step-in Notice had not been given.