Common use of Breach, Not Subject to Cure Clause in Contracts

Breach, Not Subject to Cure. In the event of either an HIN’s material breach of this SCPA, the SHIN-NY SOPs, or the SHIN-NY Regulation that cannot reasonably be cured (as determined by Participant in its reasonable discretion) or Selected HIN’s material breach of the BAA between Selected HIN and Participant relating to this SCPA, Participant may terminate this SCPA immediately upon notice to Selected HIN and NYeC, which notice shall specify the nature of such breach.

Breach, Not Subject to Cure. In the event of either an HINParticipant’s material breach of this SCPA, the SHIN-NY SOPs, SOPs or the SHIN-NY Regulation that cannot reasonably be cured (as determined by Participant Selected HIN in its reasonable discretion) or Selected HINParticipant’s material breach of the BAA between Selected HIN and Participant relating to this SCPA, Participant as may be applicable, Selected HIN may terminate this SCPA immediately upon fifteen (15) days’ notice to Selected HIN and NYeC, which notice shall specify the nature of such breachParticipant.

Breach, Not Subject to Cure. In the event of either an HINParticipant’s material breach of this SCPA, the SHIN-NY SOPs, SOPs or the SHIN-NY Regulation that cannot reasonably be cured (as determined by Participant a Designated HIN in its reasonable discretion) or Selected HINa Participant’s material breach of the BAA between Selected a Designated HIN and Participant relating to this SCPA, Participant such Designated HIN may terminate this SCPA immediately with respect to such Participant upon fifteen (15) days’ notice to Selected each other HIN and NYeC, which notice shall specify the nature of such breachParticipant.

Breach, Not Subject to Cure. In the event of either an HIN’s material breach of this SCPA, the SHIN-NY SOPs, or the SHIN-NY Regulation that cannot reasonably be cured (as determined by Participant in its reasonable discretion) or Selected an HIN’s material breach of the BAA between Selected such HIN and Participant relating to this SCPA, Participant may terminate this SCPA immediately upon notice to Selected HIN and NYeC, which notice shall specify the nature of such breacheach HIN.