Common use of Time to Correct Clause in Contracts

Time to Correct. Ter­mina­tion upon a declared de­fault or breach may be exer­cised only after ser­vice of for­mal writ­ten no­tice as specified in paragraph four (4), and the subsequent failure of the defaulting party within fifteen (15) calen­dar days of receipt of that notice to provide evidence, satisfac­tory to the ag­grie­ved party, showing that the declared de­fault or breach has been corrected.

Appears in 3 contracts

Sources: Contract for Services of Independent Contractor, Contract for Services of Independent Contractor, Provider Agreement Contract for Services of Independent Contractor