PPP Contracts
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SCHEDULE 5.17B - Form of Step-in Notice 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 time scales 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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