Provider Default definition

Provider Default shall have the meaning set forth in Section 11.2.
Provider Default means any of the following events:
Provider Default has the meaning set forth in Section 9.01(a).

Examples of Provider Default in a sentence

  • If a Provider Default described in Section 11.1(a) has occurred and is continuing, in addition to other remedies expressly provided herein, and subject to Section 12, Purchaser may terminate the Agreement and exercise any other remedy it may have at law or equity or under the Agreement.


More Definitions of Provider Default

Provider Default shall have the meaning set forth in Section 11.2. “PV O&M Work” shall have the meaning set forth in Section 4.1.1.
Provider Default means (a) the delivery by the Borrower to Provider of a written notice of the termination of the Provider as the “Provider” as such term is defined in the Administrative Services Agreement or the Maintenance Services Agreement, or (b) the termination of the Provider as the “Provider” as such term is defined in the Administrative Services Agreement or the Maintenance Services Agreement or any other event that would with the giving of notice, passage of time or both would result in the termination of the Provider as the “Provider” as such term is defined in the Administrative Services Agreement or the Maintenance Services Agreement. A Provider Default may be cured (x) if the grounds for removal are rescinded in writing by Borrower Member or cease to exist or (y) by the appointment of a Qualified Manager as replacement “Provider” on terms materially similar to the terminated Service Agreements (including the applicable Backup Services Agreement) and where such removal and replacement would not otherwise have a Material Adverse Effect. The Initial Backup Servicer is acknowledged to be an acceptable replacement “Provider” in respect of the Administrative Services Agreement and each Person set forth of Appendix 8 is acknowledged to be an acceptable replacement “Provider” in respect of the Maintenance Services Agreement.
Provider Default has the meaning set forth in Section 11.1(a). “Provider Indemnified Parties” has the meaning set forth in Section 17.2.
Provider Default means, with respect to the Provider of a Credit Facility or Liquidity Facility, any of the following: (i) there shall occur a failure of the Provider to make payment under its Credit Facility or Liquidity Facility;
Provider Default means, with respect to the Service Agreement, (a) written notice of termination thereof by the Service Provider, (b) termination thereof by, or resignation by or removal of, the Service Provider, or (c) any other event that with the giving of notice, passage of time, or both, would result in termination thereof or removal of the Service Provider, in each case subject to cure rights described in Section 8.01(l) (and, if such cure rights are exercised and the replacement of the Service Provider is effectuated in accordance with the terms of this Agreement, such event shall cease to be a Provider Default).
Provider Default has the meaning given in section 46A of the ESOS Act and paragraph 6.1 of these Conditions of Enrolment. Student Default has the meaning given in section 47A of the ESOS Act and paragraph 6.2 of these Conditions of Enrolment.
Provider Default means: (a) the Provider or where applicable any subcontractor, employee, officer or agent commits a Prohibited Act (in respect of which the Waiver Condition has not been satisfied); (b) an Insolvency Event occurs in respect of the Provider and/or the Provider ceases trading; (c) the Provider experiences a change in its financial or commercial circumstances which in the opinion of the Scottish Ministers would have a Material Adverse Effect; (d) the Scottish Ministers becomes aware of any breach of the Warranties or inaccuracy in any representation made by the Provider in respect of this Agreement; (e) the Provider fails to comply with the Advertising Requirements; (f) the Provider commits a breach of this Agreement which, in the reasonable opinion of the Scottish Ministers, will have (either alone or in aggregate with any previous breaches) a Material Adverse Effect; (g) any senior employee, executive, board member or partner (as applicable) of the Provider is convicted of dishonesty; (h) an Eligible Dwelling has not been completed to the Required Standards; or (i) the Scottish Ministers becomes aware of any changes in any of the information provided at any time by or on behalf of the Provider to the Scottish Ministers which the Scottish Ministers acting in its absolute discretion considers to have a Material Adverse Effect.