Examples of Notice of Default in a sentence
Expiration of the thirty (30) days and failure by the Party to remedy is a breach of this MOA, and the Party that provided the Notice of Default may elect to terminate this MOA.
Upon receipt of such notice from the Beneficiary (“Notice of Default”), Trustee shall cause to be recorded, published and delivered to Trustor such Notice of Default and election to sell as then required by law and by this Deed of Trust.
Notification and Opportunity to Cure: If either Party notifies the other Party in writing that it is in violation of any of the terms, conditions, or provisions of this Agreement (Notice of Default), the Party receiving the Notice of Default shall have thirty (30) days from the date of such notification to remedy the violation; or, if the remedy will take in excess of thirty (30) days to complete, the Party shall have thirty (30) days to commence implementation of a satisfactory remedy.