Third Party Action Notification. The Firm shall notify the District in writing within five (5) business days of its receipt of liquidation or receivership proceedings or within five (5) business days of its receipt of notification of any action or suit being filed or any claim being made against the Firm or the District by any entity that may result in litigation related in any way to this Contract and/or which may affect the Firm’s performance under this Contract. Failure of the Firm to provide such written notice to the District shall be considered a material breach of this Contract and the District may, at its sole discretion, pursue its rights as set forth in the Termination clauses herein and any other remedies it may have at law or in equity.

Third Party Action Notification. The Firm shall notify the College in writing within five (5) business days of its receipt of liquidation or receivership proceedings or within five (5) business days of its receipt of notification of any action or suit being filed or any claim being made against the Firm or the College by any entity that may result in litigation related in any way to this Contract and/or which may affect the Firm’s performance under this Contract. Failure of the Firm to provide such written notice to the College shall be considered a material breach of this Contract and the College may, at its sole discretion, pursue its rights as set forth in the Termination clauses herein and any other remedies it may have at law or in equity.

Third Party Action Notification. The Firm shall notify the Component Unit in writing within five (5) business days of its receipt of liquidation or receivership proceedings or within five (5) business days of its receipt of notification of any action or suit being filed or any claim being made against the Firm or the Component Unit by any entity that may result in litigation related in any way to this Contract and/or which may affect the Firm’s performance under this Contract. Failure of the Firm to provide such written notice to the Component Unit shall be considered a material breach of this Contract and the Component Unit may, at its sole discretion, pursue its rights as set forth in the Termination clauses herein and any other remedies it may have at law or in equity.

Examples of Third Party Action Notification in a sentence

No attributable development staff costs or interest costs are capitalised on land banking.
Third Party Action Notification The Contractor shall notify DMH in writing within five (5) business days of its receipt of liquidation or receivership proceedings or within Page 40 of 46 five (5) business days of its receipt of notification of any action or suit being filed or any claim being made against Contractor or DMH by any entity that may result in litigation related in any way to this Contract and/or which may affect the Contractors performance under this Contract.

Related to Third Party Action Notification

Third Party Consent means any Consent of a Person other than a Governmental Authority.
Third Party Applications means online, Web-based applications and offline software products that are provided by third parties and are identified as third-party applications, including but not limited to those listed on the AppExchange and the Reseller Application.
Third Party Claim has the meaning set forth in Section 8.3.
Mediation Notice is defined in Section 6.2(b).
Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.
Confirmation Notice means a notice provided by the Issuer to an Investor in accordance with clause 1.3(c) of the Terms;
Third Party IPR means any Intellectual Property Rights not belonging to either party to this Agreement but used by the Supplier in the creation of the Deliverables and/or in the course of or in connection with the Project.