Common use of Demand Letter Clause in Contracts

Demand Letter. Upon a finding that Xxxxxx has failed to comply with any of the obligations described in Section X.A and after determining that Stipulated Penalties are appropriate, OIG shall notify Genova of: (a) Genova’s failure to comply; and (b) OIG’s exercise of its contractual right to demand payment of the Stipulated Penalties. (This notification shall be referred to as the “Demand Letter.”)

Demand Letter. Upon a finding that Xxxxxx Genova has failed to comply with any of the obligations described in Section X.A and after determining that Stipulated Penalties are appropriate, OIG shall notify Genova of: (a) Genova’s failure to comply; and (b) OIG’s exercise of its contractual right to demand payment of the Stipulated Penalties. (This notification shall be referred to as the “Demand Letter.”)

Demand Letter. Upon a finding that Xxxxxx Xxxx has failed to comply with any of the obligations described in Section X.A X.B and after determining that Stipulated Penalties are appropriate, OIG shall notify Genova Sava of: (a) GenovaXxxx’s failure to comply; and (b) OIG’s exercise of its contractual right to demand payment of the Stipulated Penalties. (This notification shall be referred to as the “Demand Letter.”)”)‌