Revocation of Consultation Notice Clause Samples

Revocation of Consultation Notice. If during the Remedial Period the underlying Event of Default is cured or waived or the Parties and the Senior Lenders agree upon any of the measures set out in Article 15.4, the Consultation Notice shall be withdrawn in writing by the Party who has issued the same.
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Revocation of Consultation Notice. 67 15.7 Termination due to Events of Default 68 15.8 Concessioning Authority’s Rights of Step-in 68 ARTICLE 16 69
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Revocation of Consultation Notice. Termination due to Events of Default..............................................................................................
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Revocation of Consultation Notice. If during the Remedial Period the underlying Event of Default is cured/ waived to the extent expressly applicable in the Agreement, totally or partially by the Grantor under Clause 15.4 or any clause of the agreement, the Consultation Notice issued by Authorisee is deemed to be withdrawn by the Authorisee and the Authorisee has to take further remedial measures at his own cost. If no action is taken by the Grantor nor replied to Consultation notice then only the notice issued by the Authorisee is valid and Agreement can be terminated under the provisions of Article - 16. If the Consultation notice is issued by the Grantor for events of defaults of Authorisee and the Authorisee fails to take remedy measures or fails to comply the Agreement conditions, Grantor shall have right to terminate the Agreement under provisions of Article-16.
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Revocation of Consultation Notice. If during the Remedial Period the underlying Event of Default is cured or waived or the Parties agree upon any of the measures set out in Article 14.4, the Consultation Notice shall be withdrawn in writing by the Party who has issued the same. Termination due to Events of Default If before the expiry of the Remedial Period, the underlying Event of Default is neither cured nor waived nor the Parties have agreed upon any of the measures in accordance with Article 14.4, the Party who has issued the Consultation Notice shall have the right to terminate this Agreement, in which event, the provisions of Article 15 and Article 16 shall, to the extent expressly made applicable, apply. The Concessioning Authority ’s Rights of Step-in Upon a Termination Notice being issued due to Concessionaire Event of Default, the Concessioning Authority may, at its discretion re-enter upon and take possession and control of Project Site/Project Facilities and Services forthwith; prohibit the Concessionaire and any Person claiming through or under the Concessionaire from entering upon/dealing with the Project Facilities and Services; step in and succeed upon selection by the Concessioning Authority without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Contracts as the Concessioning Authority may in its discretion deem appropriate with effect from the date of communication of such selection to the counter party to the relative Project Contracts.
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Revocation of Consultation Notice. 62 14.7 Termination due to Events of Default 62 14.8 Concessioning Authority’s Rights of Step-in 62 ARTICLE 15 64 TERMINATION OF THE CONCESSION/AGREEMENT 64 15.1 Termination Procedure 64 15.2 Obligations during Termination Period 64 15.3 Requisition 64 15.4 Condition Survey 65 15.5 Consequences of Termination 66
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Related to Revocation of Consultation Notice

  • Notice of Change of Control Each occasion that any Change of Control shall occur and such notice shall set forth in reasonable detail the particulars of each such occasion.

  • Revocation of Consents; Future Holders Bound At any time prior to (but not after) the evidencing to the Trustee, as provided in Section 8.01, of the taking of any action by the Holders of the percentage of the aggregate principal amount of the Notes specified in this Indenture in connection with such action, any Holder of a Note that is shown by the evidence to be included in the Notes the Holders of which have consented to such action may, by filing written notice with the Trustee at its Corporate Trust Office and upon proof of holding as provided in Section 8.02, revoke such action so far as concerns such Note. Except as aforesaid, any such action taken by the Holder of any Note shall be conclusive and binding upon such Holder and upon all future Holders and owners of such Note and of any Notes issued in exchange or substitution therefor or upon registration of transfer thereof, irrespective of whether any notation in regard thereto is made upon such Note or any Note issued in exchange or substitution therefor or upon registration of transfer thereof.

  • Notice of Change in Control The Company will, within five Business Days after any Responsible Officer has knowledge of the occurrence of any Change in Control, give written notice of such Change in Control to each holder of Notes. Such notice shall contain and constitute an offer to prepay Notes as described in subparagraph (b) of this Section 8.8 and shall be accompanied by the certificate described in subparagraph (e) of this Section 8.8.

  • Effect of Termination Notice Where Network Rail or the Train Operator has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties’ continuing obligations under this contract up to the date of termination, which date shall be determined in accordance with paragraph 3.4(c); (b) the party which has served the Termination Notice shall withdraw it by notice to the other party, upon being reasonably satisfied that the relevant Event of Default has been remedied; and (c) this contract shall terminate on the later of: (i) the date and time specified in the Termination Notice for the contract to terminate (or such later date and time as the party which served the Termination Notice notifies to the other before the date and time so specified); and (ii) the date on which a copy of the Termination Notice is given to ▇▇▇.

  • Renewal Notice; Notification of Changes Subject to governing law, XOOM can renew this Agreement with new or revised Terms. XOOM will send you written notice at least (30) days before the end of the Term. The notice will specify the date by which you must advise XOOM if you do not want to renew your Agreement. If you do not advise XOOM by the specified date, this Agreement will automatically renew at the fixed rate or variable rate then in effect in accordance with the notice. XOOM reserves the right, with fifteen (15) days’ notice, to amend this Agreement to adjust its service to accommodate any change in regulations, law, tariff or other change in procedure required by any third party that may affect XOOM’s ability to continue to serve you under this Agreement.