A Default. Any action or inaction or omission by You or any guest or visitor or occupant that causes a "strike" to be placed on any property owned or managed by Us shall be a default of the Lease.
A Default under the Note or Borrower's failure to perform its obligations under this Agreement shall constitute a default under this Agreement. EXHIBIT 10.5-B
A Default. (as defined in the Lease) has occurred by Inflow, Inc. under that certain Office Lease Agreement (the "Lease") between Inflow, Inc. ("Tenant") and 938 Bannock, LLC (the "Landlord") and Tenant has failed to cure its default after the expiration of any applicable cure period, and therefore, the undersigned is entitled to the amount set forth In the draft. It is a condition of this Letter of Credit that it will be deemed automatically renewed without an amendment for a period of one (1) year from the present or each future expiration date unless at least thirty (30) days prior to such expiry date we notify you in writing sent by overnight mail that we elect not to renew this Letter of Credit for such additional period. In no event shall this Letter of Credit be automatically extended beyond _________________. This Letter of Credit is transferrable by the issuing bank in whole but not in part and only once upon our receipt of the attached Exhibit "A" (Transfer Form) duly completed and executed by the beneficiary together with this original Letter of Credit and all amendments if any accompanying our transfer charges (i.e., 1/4 of 1 percent minimum USD 250.00). The amount of this Letter of Credit shall be decreased on the following dates, provided that the available amount exceeds the following aggregate amount(s): Effective Date: Aggregate Amount(s) All documents including the draft(s) must indicate the number and date of this credit. Each draft presented hereunder must be accompanied by this original Letter of Credit for our endorsement thereon of the amount of such draft(s). Documents must be sent to use via overnight courier (i.e., Federal Express, UPS, DHL or other express courier) at our address: ________________________________. We hereby engage with drawers and/or bona fide holders that draft(s) drawn under and negotiated in conformance with the terms and conditions of the subject credit will be duly honored on presentation. EXHIBIT G Depiction of Parking Area
Examples of A Default in a sentence
FAILURE TO DELIVER WITHIN THE TIME SPECIFIED OR TO PROVIDE THE SERVICES AS SPECIFIED IN THE BID WILL CONSTITUTE A DEFAULT AND MAY CAUSE CANCELLATION OF THE CONTRACT.
FAILURE TO DELIVER WITHIN THE TIME SPECIFIED IN THE BID WILL CONSTITUTE A DEFAULT AND MAY CAUSE CANCELLATION OF THE CONTRACT.
Failure to complete items of work does not relieve the Contractor from the obligation to complete the administrative requirements of the contract, such as the provisions of Article 5.3 FAILURE TO COMPLETE ALL ITEMS OF WORK UNDER THE CONTRACT SHALL BE CONSIDERED A DEFAULT AND BE GROUNDS FOR CONTRACT TERMINATION AND DEBARMENT.
ONCE WE ACCEPT YOUR OFFER BY SIGNING BELOW, THIS IS A FULLY BINDING CONTRACT AND ANY FAILURE ON YOUR PART TO PROVIDE THE REQUIRED PAYMENTS OR DOCUMENTS CONSTITUTES A DEFAULT.
ANY CUSTOMER PRESENTLY SERVED UNDER THIS PROVISION WHO BECOMES A DELIVERY SERVICE CUSTOMER AND LATER RETURNS AS A DEFAULT SERVICE CUSTOMER SHALL NOT BE PERMITTED TO TAKE SERVICE UNDER THIS PROVISION.
More Definitions of A Default
A Default of the subject Loan that is not cured upon the expiration of applicable cure periods shall also, at Lender’s sole option, constitute a default of all other loans and indebtedness owing by Borrower to Lender, whether presently existing or hereafter made during the term of the subject Loan, including without limitation under or pursuant to any Financial Contract. Further, a default of any other loan or indebtedness owing by Borrower to Lender (including without limitation under or pursuant to any Financial Contract) or to anyone else, whether presently existing or hereafter made during the term of the subject Loan, which default is not cured upon the expiration of applicable cure periods shall also, at Lender’s sole option, constitute a default of the subject Loan.
A Default. (as defined in the Lease) has occurred by Inflow, Inc. under that certain Lease Agreement between Inflow, Inc. and (the "Lease") and Tenant has failed to cure its default after the expiration of any applicable cure period and therefore the EXHIBIT "A" ----------- EXHIBIT A Land ---- [DIAGRAM] EXHIBIT "B" ----------- Premises, including parking area and equipment area EXHIBIT B Premises -------- [DIAGRAM] EXHIBIT "C" ----------- Landlord and Tenant agree to attach the Plans and Specifications of the Premises for the tenant improvements to be constructed by Tenant prior to the Commencement Date. Tenant shall submit its Plans and Specifications for the initial improvements on or before February 1, 2000. Landlord's review of such Plans and Specifications shall be performed in accordance with the provisions of the Addendum attached to this Lease.
A Default has occurred and is continuing under the Loan Agreement by reason of the Borrower's failure to maintain a minimum consolidated Fixed Charge Coverage Ratio of at least 1.10 to 1 for the Fiscal Quarter ending on September 30, 1997, as required under Section 10.1(a) of the Loan Agreement (the "Existing Default"), as a result of which the Lenders are entitled to exercise the rights and remedies provided for in the Loan Agreement. The Borrower has requested that the Lenders waive the Existing Default, modify certain financial covenants and amend certain other provisions of the Loan Agreement, and the Lenders have agreed, upon and subject to the terms, conditions and provisions of this Amendment.
A Default means the occurrence of any of the following:
A Default. (other than an Event of Default) is "CONTINUING" if it has not been remedied or waived and an Event of Default or Certain Funds Event of Default is "CONTINUING" if it has not been remedied or waived.
A Default. (as defined in the Master Netting, Setoff, and Security Agreement dated as of ________ among ______________, as the same may be amended (the "Master Agreement")) has occurred and is continuing with respect to the Account Group or any member of the Account Group under the Master Agreement and no Default has occurred and is continuing with respect to the beneficiary of this Letter of Credit or any other member of its Group (as defined in the Master Agreement). Wherefore, the undersigned does hereby demand payment of $_________________"; or
A Default means: