This office lease form is a standard default remedy clause, providing for the collection of the difference between the rent due and owing under the lease and the rents collected in the event of mitigation.
Maine Default Remedy Clause
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State:
Multi-State
Control #:
US-OL14031
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Word;
PDF
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How to fill out Default Remedy Clause?
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FAQ
Notice given by or on behalf of the insured or the beneficiary to the insurer at (insert the location of such office as the insurer may designate for the purpose), or to any authorized agent of the insurer, with information sufficient to identify the insured, shall be deemed notice to the insurer. [PL 1969, c.
Many of those employers include a ?notice and cure? provision in their employment contracts. When a ?notice and cure? term is included in an employment contract, the agreement includes a length of time during which a problem, or potential terminable event, can be corrected before termination. Understanding ?Notice and Cure? Provisions in Employment Contracts simonpaschal.com ? 2019/12/12 ? notice-an... simonpaschal.com ? 2019/12/12 ? notice-an...
?Curing? or ?remedying? the default means correcting the failure or omission. A common example is a failure to pay the rent on time. What does ?default? and ?cure the default? mean? - Land For Good landforgood.org ? resources ? faqs ? default-cure-... landforgood.org ? resources ? faqs ? default-cure-...
The notice must tell you that you are in default and that you have 30 days to cure the default. The Right to Cure Notice says that if you do not get caught up on your payments, ?cure your default,? the bank can begin foreclosure proceedings to take your house.
Notwithstanding anything to the contrary contained in the existing terms of the Debts, the parties agree that the Issuer shall have thirty (30) calendar days to cure a default that would otherwise result from the failure of the Issuer to make payments when due under the Debts. DEFAULT CURE PERIOD Sample Clauses - Law Insider lawinsider.com ? clause ? default-cure-period lawinsider.com ? clause ? default-cure-period
