By Retailer. Retailer shall be in default under this Contract upon the occurrence of the following events: a) Retailer fails to perform any of its obligations under this Contract and, after notice of such failure by Lottery, does not correct such failure within the time frame, if any, specified by Lottery for such correction, including, without limitation those obligations set forth in Sections 3, 4, and 5 and Subsections 7.1 through 7.4, 9.1, 9.2, 9.4, 11.2, 12.1, and 17.2. b) Any representation, warranty, statement or certification made by Retailer or a Key Person in this Contract, Retailer’s Application, any documents or reports relied upon by Lottery to enter into this Contract or any other document or report submitted pursuant to this Contract is untrue, misleading or deceptive in any material respect when made; c) A petition, proceeding or case is filed by or against Retailer under any federal or state bankruptcy, insolvency, receivership or other law relating to reorganization, liquidation, dissolution, winding-up or adjustment of debts; in the case of a petition filed against Retailer, Retailer acquiesces to such petition or such petition is not dismissed within 20 calendar days after such filing, or such dismissal is not final or is subject to appeal; or Retailer becomes insolvent or admits its inability to pay its debts as they become due, or Retailer makes an assignment for the benefit of its creditors.
Appears in 5 contracts
Samples: Retailer Contract, Retailer Contract, Retailer Contract
By Retailer. Retailer shall be in default under this Contract upon the occurrence of the following events:
a) a. Retailer fails to perform any of its obligations under this Contract and, after notice of such failure by Lottery, does not correct such failure within the time frame, if any, specified by Lottery for such correction, including, without limitation those obligations set forth in Sections 3, 4, and 5 and Subsections 7.1 through 7.4, 9.1, 9.2, 9.4, 11.2, 12.1, and 17.2.
b) b. Any representation, warranty, statement or certification made by Retailer or a Key Person in this Contract, Retailer’s Application, any documents or reports relied upon by Lottery to enter into this Contract or any other document or report submitted pursuant to this Contract is untrue, misleading or deceptive in any material respect when made;
c) c. A petition, proceeding or case is filed by or against Retailer under any federal or state bankruptcy, insolvency, receivership or other law relating to reorganization, liquidation, dissolution, winding-up or adjustment of debts; in the case of a petition filed against Retailer, Retailer acquiesces to such petition or such petition is not dismissed within 20 calendar days after such filing, or such dismissal is not final or is subject to appeal; or Retailer becomes insolvent or admits its inability to pay its debts as they become due, or Retailer makes an assignment for the benefit of its creditors.
Appears in 5 contracts
Samples: Retailer Contract, Retailer Contract, Retailer Contract
By Retailer. Retailer shall be in default under this Contract upon the occurrence of the following events:
a) Retailer fails to perform any of its obligations under this Contract and, after notice of such failure by Lottery, does not correct such failure within the time frame, if any, specified by Lottery for such correction, including, without limitation those obligations set forth in Sections 3, 4, and 5 and Subsections 7.1 through 7.4, 9.1, 9.2, 9.4, 11.2, 12.1, and 17.2.
b) Any representation, warranty, statement or certification made by Retailer or a Key Person in this Contract, Retailer’s Application, any documents or reports relied upon by Lottery to enter into this Contract or any other document or report submitted pursuant to this Contract is untrue, misleading or deceptive in any material respect when made;
c) A petition, proceeding or case is filed by or against Retailer under any federal or state bankruptcy, insolvency, receivership or other law relating to reorganization, liquidation, dissolution, winding-up or adjustment of debts; in the case of a petition filed against Retailer, Retailer acquiesces to such petition or such petition is not dismissed within 20 calendar days after such filing, or such dismissal is not final or is subject to appeal; or Retailer becomes insolvent or admits its inability to pay its debts as they become due, or Retailer makes an assignment for the benefit of its creditors.. Sample
Appears in 1 contract
Samples: Retailer Contract
By Retailer. Retailer shall be in default under this Contract upon the occurrence of the following events:
a) Retailer fails to perform any of its obligations under this Contract and, after notice of such failure by Lottery, does not correct such failure within the time frame, if any, specified by Lottery for such correction, including, without limitation those obligations set forth in Sections 3, 4, and 5 and Subsections 7.1 through 7.4, 9.1, 9.2, 9.4, 11.2, 12.1, and 17.2.
b) Any representation, warranty, statement or certification made by Retailer or a Key Person in this Contract, Retailer’s Application, any documents or reports relied upon by Lottery to enter into this Contract or any other document or report submitted pursuant to this Contract is untrue, misleading or deceptive in any material respect when made;
c) A petition, proceeding or case is filed by or against Retailer under any federal or state bankruptcy, insolvency, receivership or other law relating to reorganization, liquidation, dissolution, winding-up or adjustment of debts; in the case of a petition filed against Retailer, Retailer acquiesces to such petition or such petition is not dismissed within 20 calendar days after such filing, or such dismissal is not final or is subject to appeal; or Retailer becomes insolvent or admits its inability to pay its debts as they become due, or Retailer makes an assignment for the benefit of its creditors.. SAMPLE
Appears in 1 contract
Samples: Retailer Contract