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Notice Of Intent To Cure
"I need a Notice of Intent to Cure for a commercial property lease default in Sydney, where our company missed two rental payments but can pay the full outstanding amount by January 15, 2025, and we need to prevent lease termination."
1. Sender Details: Full legal name and contact information of the party issuing the notice
2. Recipient Details: Full legal name and contact information of the party receiving the notice
3. Date: Date of the notice issuance
4. Reference Information: Contract/agreement reference numbers, dates, and titles of the relevant underlying agreement
5. Subject Line: Clear indication that this is a Notice of Intent to Cure
6. Default Description: Clear identification and description of the default or breach that is being addressed
7. Cure Statement: Express statement of intention to cure the default
8. Proposed Remedy: Detailed description of how the default will be cured
9. Timeline: Specific timeframe within which the cure will be completed
10. Signature Block: Signature of authorized representative, including name and title
1. Legal Authority: Reference to specific contract provisions or legal rights allowing for cure, used when there might be dispute about the right to cure
2. Supporting Documentation: Reference to any attached evidence or documentation supporting the ability to cure, used when proof of ability to cure is beneficial
3. Reservation of Rights: Statement preserving legal rights and remedies, used in more contentious situations
4. Request for Confirmation: Request for written acknowledgment of the notice, used when documentation of receipt is important
5. Additional Parties: Information about other relevant parties (like guarantors or mortgagees), used when multiple parties are involved
1. Schedule A - Cure Plan: Detailed timeline and steps for implementing the cure, used for complex remedies
2. Schedule B - Supporting Documents: Copies of relevant documentation supporting the ability to cure (e.g., proof of funds, repair contracts)
3. Schedule C - Default Evidence: Copies of default notices or other relevant correspondence regarding the default
4. Schedule D - Authority Documentation: Evidence of authority to act (e.g., corporate authorization, power of attorney) if relevant
Authors
Real Estate
Banking and Financial Services
Commercial Property
Construction
Corporate Services
Retail
Manufacturing
Mining and Resources
Infrastructure
Healthcare
Education
Legal
Compliance
Risk Management
Property Management
Contract Administration
Corporate Secretariat
Operations
Credit and Collections
Asset Management
Finance
Real Estate
Legal Counsel
Contract Manager
Property Manager
Compliance Officer
Risk Manager
Chief Legal Officer
Company Secretary
Real Estate Manager
Credit Manager
Collections Manager
Business Development Manager
Operations Manager
Facility Manager
Asset Manager
Financial Controller
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