PPP Contracts
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SCHEDULE 5.17B - Form of Step-in Notice |
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To Infraco Attention: [ ] NOTICE TO STEP-IN This notice is given pursuant to [clause 23.1][clause 23.2(b)(ii)] of the contract between us dated [ ] ( the Contract ). Terms defined in the Contract shall bear the same meanings herein. LUL hereby gives Infraco notice that [Infraco has failed to comply with a Corrective Action Notice within the periods set out therein.][LUL considers that Infraco does not have the resources or capabilities or Infraco is unwilling in the timescales LUL reasonably requires to take the steps mentioned in this Step-in Notice.] LUL hereby notifies Infraco that within [ ] days of receipt of this notice LUL shall [take the following steps itself][appoint [ ] to take the following steps] [to remedy the matters designated in the Corrective Action Notice]: [ ] LUL estimates the duration of such step-in will last [ ] days Yours faithfully -------------------------- for and on behalf of LUL |
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