![]() ![]() Notice and Cure Each of the Holders and the Company will notify the other of, and will use all commercially reasonable efforts to cure, any event, transaction or circumstance, as soon as practicable after it becomes known to such party, that causes or will cause any covenant or agreement of the Holders or the Company under this Agreement to be breached or any of the conditions to the Offer not to be satisfied or that renders or will render untrue any representation or warranty of the Holders or the Company contained in this Agreement. Notwithstanding any provision of this Agreement to the contrary, the State, in its discretion, need not provide notice or a cure period and may immediately terminate this Agreement in whole or in part or institute any other remedy in the Agreement in order to protect the public interest of the State. If the notified Party does not cure the breach, at its sole expense, within 30 days after the delivery of written notice, the Party may exercise any of the remedies as described in §14 for that Party. Notice and Cure Period In the event of a breach, the aggrieved Party shall give written notice of breach to the other Party. In an event of Breach set forth in Section 15.1(a), the Breaching Interconnection Party may cure the Breach within five (5) days from the receipt of notice of the Breach. ![]() No such extension shall be permitted unless the party purportedly in breach begins such cure immediately upon receiving notification thereof and continues to diligently pursue such cure to completion.Ĭure of Breach Except for the event of Breach set forth in Section 15.1(a) above, the Breaching Interconnection Party (a) may cure the Breach within thirty days from the receipt of such notice or (b) if the Breach cannot be cured within thirty (30) days, may commence in good faith all steps that are reasonable and appropriate to cure the Breach within such thirty day time period and thereafter diligently pursue such action to completion. NOTICE AND CURE OF BREACH. Whenever a breach of this Agreement by any party is relied upon as justification for any action taken by the other party pursuant to any provision of this Agreement, other than pursuant to the definition of "Cause" set forth in Section 6.6(a)(iii) hereof, before such action is taken, the party asserting the breach of this Agreement shall give the other party at least 20 days' prior written notice of the existence and nature of such breach before taking further action hereunder and shall give the party purportedly in breach of this Agreement the opportunity to correct such breach during such 20- day period provided, however, that if the cure reasonably cannot be completed within such 20-day period, such period shall be extended to the period of time reasonably necessary to effect such cure, up to a maximum of 60 days in the aggregate from the date of the notice referred to above.
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