Common use of Customer Default Clause in Contracts

Customer Default. Customer is in default of this MSA if Customer (a) fails to cure any monetary breach within thirty (30) days of receiving notice of the breach from Pilot; (b) fails to cure any non-monetary breach of any terms of the agreement within thirty (30) days of receiving notice of the breach from Pilot; or (c) files or initiates proceedings or has proceedings filed or initiated against it, seeking liquidation, reorganization or other relief (such as the appointment of a trustee, receiver, liquidator, custodian or such other official) under any bankruptcy, insolvency or other similar law (each such event shall be a "Customer Default").

Appears in 10 contracts

Samples: Master Services Agreement, Master Services Agreement, Master Services Agreement

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Customer Default. 9.1.1 Customer is in default of this MSA if Customer (a) fails to cure any monetary breach within thirty five (305) days of receiving notice of the breach from PilotDoIT; (b) fails to cure any non-monetary breach of any terms of the agreement within thirty (30) days of receiving notice of the breach from PilotDoIT; or (c) files or initiates proceedings or has proceedings filed or initiated against it, seeking liquidation, reorganization or other relief (such as the appointment of a trustee, receiver, liquidator, custodian or such other official) under any bankruptcy, insolvency or other similar law (each such event shall be a "β€œCustomer Default"”).

Appears in 1 contract

Samples: Institution Master Service Agreement

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