Authority Default. The occurrence of the following shall be an “Event of Default” by the Authority or an “Authority Default”:
Authority Default. 12.6.1 The following events shall be an Authority Default: the Authority:
Authority Default. Subject to Section 5.2, the Authority shall be in default of this Agreement if the Authority fails to perform any of its obligations hereunder after the Authority has received thirty (30) days’ notice of such default, provided that if such failure cannot be remedied within such thirty (30) day period, the Authority shall not be in default if it commences to remedy the default and diligently pursues the remedy to its completion.
Authority Default. The Contractor may at any time serve a Notice to terminate this Contract (a "Contractor Termination Notice") if the Authority fails to pay any non-disputed amount exceeding [REDACTED] due under this Contract by the date falling five (5) Business Days after the Relevant Day for such payment. This Contract shall terminate thirty (30) Business Days from the date the Contractor Termination Notice, unless the Authority rectifies the non-payment within that thirty (30) Business Day period from the date of the Contractor Termination Notice. If this Contract terminates under Clause 10.39, then the Contractor shall terminate on the best possible terms such sub-contracts and orders for materials and parts and components bought out in a partly manufactured or wholly manufactured state as have not been completed and Clause 47 (Voluntary Termination) shall be deemed to apply as if the Authority had served a Notice to voluntarily terminate under Clause 10.32. Without prejudice to its rights in Clause 10.32, if the Authority fails to pay any amount exceeding [REDACTED] due under this Contract by the date falling five (5) Business Days after the Relevant Day for such payment, the Contractor may, on giving ten (10) Business Days’ notice, suspend performance of the Works and/or Support Services unless and until payment of the amount due is made. If the Contractor subsequently receives payment of the amount due (before the service of any Contractor Termination Notice), then the Contractor shall resume the Works and/or Support Services immediately, and shall be able to recover any direct, reasonable and properly incurred additional costs incurred as a result of the suspension from the Authority. In exercising its rights or remedies under this Clause 49, the Contractor shall: act in a reasonable and proportionate manner having regard to such matters as the value, frequency and reason of or for any payment failure; and give all due consideration, where appropriate, to action other than suspension or termination of this Contract. The Contractor’s express rights to terminate this Contract set out in this Contract are the Contractor’s sole and exclusive rights to terminate this Contract, and any other rights to terminate provided by law are excluded. IMPACT OF TERMINATION OF THIS CONTRACT ON SHIPBUILD RATIONALISATION ACTIVITIES The Authority acknowledges that if this Contract terminates for any reason that wholesale changes to the Shipbuild Rationalisation Activities carried out u...
Authority Default. 35.4 If the Authority fails to pay the Fund an undisputed payment when due in accordance with Clause Error! Reference source not found. (Invoices), the Fund shall notify the Authority in writing of such failure to pay. If the Authority fails to pay such undisputed payment within ninety (90) Working Days of the date of such written notice, the Fund may terminate the Contract in writing with immediate effect, save that such right of termination shall not apply where the failure to pay is due to the Authority exercising its rights under Clause 12.1 (Recovery of Sums Due).
Authority Default. 44.1 Notwithstanding any other clause in this Agreement, Suffolk Libraries shall have the right to terminate this Agreement, for whatever reason, on the provision of at least one months’ notice to expire at any time on or before 31st March 2013.
Authority Default. Authority will be deemed to be in default under this Agreement should any one or more of the following events occur at any time:
Authority Default. Each of the following events, shall for the purposes of this Contract constitute an Authority Default:
Authority Default. In the event Company gives Authority a Default Notice pursuant to Section 8.03 of the occurrence of an Authority Default, and such Authority Default is not cured within the period set forth therein, then Company may terminate this Agreement.
Authority Default. In the event the Authority will be in default in the performance of any obligation on its part to be performed under the terms of this Site Lease, which default continues for 30 days following notice and demand for correction thereof from the City or the Bank, to the Authority, the City may, with the consent of the Bank, exercise any and all remedies granted by law, except that no merger of this Site Lease and of the Sublease will be deemed to occur as a result thereof; provided, however, that so long City’s obligations under the Lease Documents remain unpaid, the City will have no power to terminate this Site Lease by reason of any default on the part of the Authority.
