Common use of DEFAULT OF AGREEMENT Clause in Contracts

DEFAULT OF AGREEMENT. Where one of the parties of this agreement is of the opinion that the other party has failed to conform with its obligation under the agreement it shall forthwith: (a) notify the alleged offending party in writing of the alleged default, (b) where applicable, indicate in the notice to the party the steps to be taken to remedy the situation, (c) where applicable, indicate in the notice a reasonable period of time within which such steps as set out herein shall be taken. Where the complainant party who has given notice referred to in paragraph (a) above is of the opinion that the other party has not remedied the situation, it shall file a complaint through the hearing and appeal procedure referred to in paragraph 1 (e).

DEFAULT OF AGREEMENT. Where one of the parties of this agreement is of the opinion that the other party has failed to conform with its obligation under the agreement it shall forthwith: (a) notify the alleged offending party in writing of the alleged default, (b) where applicable, indicate in the notice to the party the steps to be taken to remedy the situation, (c) where applicable, indicate in the notice a reasonable period of time within which such steps as set out herein shall be taken. Where the complainant party who has given notice referred to in paragraph 4 (a) above is of the opinion that the other party has not remedied the situation, it shall file a complaint through the hearing and appeal procedure referred to in paragraph 1 (e).