Common use of Default by Agency Clause in Contracts

Default by Agency. Board will be in default under this Contract if: Board fails to pay Contractor any amount pursuant to the terms of this Contract, and Board fails to cure such failure within 30 calendar days after Contractor’s notice or such longer period as Contractor may specify in such notice; or Board commits any material breach or default of any covenant, warranty, or obligation under this Contract, and such breach or default is not cured within 30 calendar days after Contractor’s notice or such longer period as Contractor may specify in such notice.

Default by Agency. Board will be in default under this Contract if: : 13.4.1. Board fails to pay Contractor any amount pursuant to the terms of this Contract, and Board fails to cure such failure within 30 calendar days after Contractor’s notice or such longer period as Contractor may specify in such notice; or or 13.4.2. Board commits any material breach or default of any covenant, warranty, or obligation under this Contract, and such breach or default is not cured within 30 calendar days after Contractor’s notice or such longer period as Contractor may specify in such notice.