Agreement Default Sample Clauses

Agreement Default. Any notice of, or other communication relating to, a default, or an event with notice or lapse of time or both would become a default, under any material agreement that is received by Seller subsequent to the date of this Agreement.

Agreement Default. If student defaults upon this agreement, student will be responsible for the remaining balance owed after all discounts and adjustments have been revoked from account and all original course charges have been reinstated. In addition, student will be responsible for any collection fees or attorney fees incurred by Fullerton Dental Assistant School. Full remaining balance must be paid within ten business days of the day the student defaulted. (Initial)

Agreement Default. Any Financing Agreement or Project Agreement or any other agreement required in connection with the construction or operation of the Project or ancillary services shall have been terminated, rescinded or cancelled for any reason (unless the Bank shall have consented to such termination in accordance with Section 5.09(b)); or any Project Agreement shall have been modified or amended without the prior written consent of the Bank; or any Financing Agreement or Project Agreement shall be or become void or unenforceable or shall be claimed to be so by any party thereto (other than a Project Lender).

Agreement Default. Any Unitholder or any of its Affiliates breaches or is in default with respect to any Indebtedness of such Unitholder and any of its Affiliates having an aggregate principal amount outstanding of at least Five Million Dollars ($5,000,000), and such breach or default is with respect to (a) any payment obligation or (b) any other covenant, obligation or default provision, and such breach or default under this clause (b) has not been cured within the lesser of (x) 10 days and (y) one-half of the number of days after such breach or default before which any holder or holders of such Indebtedness or any representative, trustee of agent thereof has the right (whether with notice of default or otherwise) to cause such Indebtedness to be accelerated under the terms of any agreement with respect to such Indebtedness (whether or not such Indebtedness is accelerated) (for the avoidance of doubt, if there is no such period prior such right to accelerate arising, the Material Default shall be deemed to have occurred upon the occurrence of such breach or default).

Agreement Default. Any Financing Agreement or Project Agreement or any other agreement required in connection with the construction or operation of the Project or ancillary services shall have been terminated, rescinded or cancelled for any reason (unless OPIC shall have consented to such termination in accordance with Section 5.09('o)); or any Project Agreement shall have been modified or amended without the prior written consent of OPIC; or any Financing Agreement or Project Agreement shall be or become void or unenforceable or shall be claimed to be so by any party thereto (other than a Project Lender).

Agreement Default. DEALER agrees that should any of the provisions set forth within this agreement be violated, that ADM has the exclusive right to declare this agreement in default and thereby suspend or cancel any and all services to both the Dealer and of its Subscribers.

Agreement Default a. The Company agrees to fully execute and abide by the terms and covenants as will be found in Exhibit B, the Consulting Agreement, attached hereto. In the event that the Company defaults on any term or suspends the Consulting Agreement for any reason (known collectively with 5(b) below as an "Agreement Default"); including but not limited to, "for cause" (as it is defined in Section 7 - Exhibit A of the Consulting Agreement); the Company agrees that the aggregate and full cash value of all outstanding and unpaid Fees, Salary, Loans, Expenses, Severance Package and any interest thereto shall become due and owing to the Executive immediately and will be paid by the Company via irrevocable SWIFT wire transfer within five (5) business days of written notification to the Company of said Agreement Default. b. In the event that the Company defaults on any term or suspends this Agreement for any reason or in any way (known collectively with 5(a) above as an "Agreement Default") , including but not limited to "for cause" (as it is defined in Section 7 - Exhibit A of the Consulting Agreement); the Company agrees that the aggregate and full cash value of all outstanding and unpaid Salary, Loans, Expenses, Severance and any interest thereto shall become due and owing to the Executive immediately and paid by the Company by irrevocable wire transfer (via SWIFT should the funds be transferred from an entity outside the United States) within five (5) business days of written notification to the Company of said Agreement Default. c. In the event that the Company wishes to dispute the validity of an Agreement Default, the Company hereby agrees to: i. File such Notice of Dispute in writing with the Executive within five (5) business days of the receipt of written notification of Agreement Default ii. In any event, not later then five (5) business days from the receipt of a notification of Agreement Default from the Executive, deposit via wire transfer (via SWIFT should the funds be transferred from an entity domiciled outside the United States), the entire cash amount due and owing to the Executive declared in said Agreement Default into an Escrow Account at a bank so designated and administered by Baxter, Strohauer & Mannion P.A. ix Xxxxrwxxxx, XX for xxxx xurpose. iii. Submit the dispute to binding Alternative Dispute Resolution (ADR) under the terms of Section 8 - Settlement hereunder, no later then thirty (30) calendar days from the Notice, or at the earliest date that...

Agreement Default. With respect to any Asset that is issued or guaranteed by Xxxxxxx Mac and included in a Pass-Through Pool, an “Event of Default” as defined in the PC Agreement, in the Multiclass Certificate Agreement or in this Agreement (or any predecessor hereto), as the case may be, and relating to such Asset. ARM: An adjustable rate Mortgage. ARM Giant PC: A Giant PC backed directly or indirectly by ARM PCs. ARM Pass-Through PC: A Pass-Through PC backed directly or indirectly by ARM PCs.

Agreement Default. 35.1 Except as otherwise provided below or where termination is provided for elsewhere in this Agreement, the City may cancel this Agreement by giving Contractor thirty (30) days advance written notice, to be served as provided in Section 34, upon the happening of any one of the following events: a. Contractor shall take the benefit of any present or future insolvency statute, or shall make a general assignment for the benefit of creditors, or file a voluntary petition in bankruptcy court, or a petition or answer for an arrangement for its reorganization, or the readjustment of its indebtedness under the Federal bankruptcy laws or under any other law or statute of the United States or any State thereof, or consent to the appointment of a receiver, trustee or liquidator of all or substantially all of its property; or b. By order or decree of a court, Contractor shall be adjudged bankrupt or an order shall be made approving a petition filed by any of its creditors or by any of the stockholders of Contractor, seeking its reorganization or the readjustment of its indebtedness under the Federal Bankruptcy laws or under any law or statute of the United States or of any State thereof, provided that if any such judgment or order is stayed or vacated within sixty (60) days after the entry thereof, any notice of default shall be and become null, void and of no effect; unless such stayed judgment or order is reinstated in which case, said default shall be deemed immediate; or c. By, or pursuant to, or under the authority of any legislative act, resolution or rule or any order or decree of any Court or governmental board, agency or officer having jurisdiction, a receiver, trustee or liquidator shall take possession or control of all or substantially all of the property of Contractor, and such possession or control shall continue in effect for a period of sixty (60) days; or d. Contractor has defaulted by failing or refusing to pay in a timely manner the administrative charges or other monies due the City and said default is not cured within sixty (60) days of receipt of written notice by City to do so; or e. Contractor has defaulted by allowing any final judgment for the payment of money to stand against him unsatisfied and said default is not cured within thirty (30) days of receipt of written notice by City to do so; or f. In the event the monies due the City under subsection (4) above or an unsatisfied final judgment under subsection (5) above is the subject of a j...

Agreement Default. There is no Default on the part of the Guarantor under this Agreement, and no event has occurred or is continuing that, with notice, or the passage of time, or both, would constitute a Default under this Agreement.