Elapsed Time. Whenever one of the Parties fails to fulfill an obligation under this Agreement within a limited period of time, the mere lapse of time passing by shall constitute a formal notice of default to the said party.
Appears in 6 contracts
Sources: Professional Services (Rainmaker Worldwide Inc.), Professional Services (Rainmaker Worldwide Inc.), Professional Services (Rainmaker Worldwide Inc.)
Elapsed Time. Whenever one of the Parties fails to fulfill an obligation under this Agreement within a limited period of timestipulated deadline, the mere lapse of time passing by shall constitute a formal notice of default to the said partyParty.
Appears in 2 contracts
Sources: Share Purchase Agreement (HEXO Corp.), Contract for Services (Medical Licensing International Corp)