Breach of Terms. If the Borrower fails to make payment of any instalment on due date and the Lender decides to enforce the acceleration clause, he shall first give written notice to the Borrower calling upon him or her to make payment within (number) days, failing which the Lender shall be entitled to claim payment of whatever is due in terms of this agreement by way of summons.
Breach of Terms. Any breach of the terms of this Amendment shall, at the option of Lender, constitute an Event of Default, entitling Lender to exercise its rights and remedies under the Financing Agreements.
Breach of Terms. If the hirer or his/her invitees are found to be in serious breach of the terms of this agreement DCCA reserves the right to terminate the use of the room hired forthwith.
Breach of Terms. In the event either party materially breaches any of the material terms of this Agreement or its extension(s), the non-breaching party shall notify the breaching party and the breaching party shall have thirty (30) days to correct the breach. If said breach is not remedied within such period, the non-breaching party shall then have the right to terminate this Agreement immediately upon written notice without further obligation to the breaching party.
Breach of Terms. 14.1 Sanction The Balancing Service Provider shall pay Fingrid a sanction as described in sections 12.2 and 12.3.1.
14.2 Temporary exclusion of a Balancing Service Provider from the reserve market Fingrid has the right to temporarily exclude a Balancing Service Provider from the Balancing Energy and Balancing Capacity Market, if the Balancing Service Provider fails repeatedly without an acceptable reason to activate their Balancing Bid in ac- cordance with Xxxxxxx’s order or otherwise breaches the terms and conditions in this document in spite of a written notice by Xxxxxxx. The duration of the temporary exclusion is from one to three months depending on the nature of the violation.
14.3 Cancelling the Agreement In the event of a material breach of contract, Fingrid shall be entitled to terminate the Balancing Market Agreement as laid down in that contract or the Balancing Capacity Agreement as laid down in that contract.
Breach of Terms. The Owner understands that the labor and materials outlined in the Job Standards and Specifications in the Construction Contract and this Agreement will be provided to the Owner at no cost. The Owner further understands that if the Owner fails to comply with the terms of the Construction Contract or this Agreement or refuses to allow the contractor to complete the work outlined in the Job Standards and Specifications, the Owner will be in breach of the terms and may be required to repay the Escrowed Funds in an amount equal to the cost of the HARP improvements. If a breach occurs, Notice will be provided to the Owner by CAA or MaineHousing and Owner will be required to repay amounts owed within sixty (60) days of receipt of the Notice.
Breach of Terms. After the pet application is approved, the Resident agrees to abide by the terms and conditions of the Pet Rules and Regulations.
Breach of Terms. Each Party acknowledges that in the event of breach, or threatened breach, under this Section 10, the Disclosing Party’s remedy at law may be inadequate, and that the damages flowing from such breach might not be readily susceptible of being measured in monetary terms. Accordingly, in the event of either Receiving Party’s breach, or threatened breach of this Section 10, the Disclosing Party, in addition to any monetary damages, shall be entitled to seek immediate injunctive relief and may obtain a temporary order restraining any threatened or further breach without the posting of a bond or proof of monetary damages.
Breach of Terms. Employee agrees a breach on his part of any of the terms, provisions and conditions of this Agreement will cause such damage to Company as will be irreparable and the exact amount of which will be impossible to ascertain and for that reason agrees Company shall be entitled, as a matter of right, to an injunction from any court of competent jurisdiction restraining any further violation of this Agreement. However, such right to an injunction shall be cumulative and in addition to whatever other remedies Company may have to protect its rights.
Breach of Terms. 13.1 Sanction For capacity not delivered, the Balancing Service Provider shall pay a sanction to Fingrid in accordance with section 11.
13.2 Verification of control properties of reserves, and the Balancing Service Pro- vider’s reimbursement obligation Fingrid is entitled to verify the control properties of a Reserve Unit. If monitoring car- ried out by Fingrid indicates that a Balancing Service Provider has not maintained the agreed control properties, the Balancing Service Provider shall provide within 30 days an account requested by Fingrid concerning the shortcomings in the maintaining of reserves. If the account requires a verification of the balancing capacity by means of measure- ments carried out on Fingrid’s demand and the measurements indicate that the Re- serve Unit fulfils the valid requirements, Fingrid shall be responsible for the costs of the measurements. Otherwise, the Balancing Service Provider shall be responsible for the costs. If the Balancing Service Provider fails to provide the account requested by Fingrid by the deadline, the Balancing Service Provider shall reimburse the fees based on these terms and conditions for the period of the account in terms of both the Frequency Containment Reserve for Normal Operation and Frequency Containment Reserve for Disturbances. If a verification, other test in accordance with this document or monitoring by Fingrid indicates that the reserve capacity maintained by the Balancing Service Provider has been smaller than what has been agreed or if the balancing capacity of the Reserve Unit differs from the terms and conditions of this document, the Balancing Service Provider shall reimburse the fees paid by Fingrid in so far as they have been based on a reserve capacity which was higher than in reality.
13.3 Temporary exclusion of a Balancing Service Provider from the reserve market Fingrid has a right to temporarily exclude a Balancing Service Provider from the re- serve market in question if the Balancing Service Provider: • fails to deliver reserves without giving an acceptable reason despite Fingrid’s written notice, • has knowingly changed the control settings so that the control properties are changed significantly, • has failed to give the account referred to in section 13.2, • does not deliver the history data referred to in section 9.1 and requested by Fingrid, • or has otherwise violated the terms and conditions of this document despite Xxxxxxx’s written notice. The duration of the temporary ...
