DEFAULT, BREACH, AND REMEDIES Sample Clauses

DEFAULT, BREACH, AND REMEDIES. The provisions set forth in section 22 of the Master Lease are incorporated into this Sublease as if set forth fully herein. In the event Sublease breaches any obligation of this Sublease (including the terms of the Master Lease incorporated herein), Sublessor shall have the right and remedies available to Landlord under the Master Lease.
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DEFAULT, BREACH, AND REMEDIES. Resident shall be in default if Resident breaks or fails to observe or perform any promise, agreement, or covenant set forth in this Agreement or any Addendum, including but not limited to Resident’s failure to timely and fully pay any Rent and other amounts due, abandoning or vacating the Premises without fully performing all Lease terms and conditions, or if Resident makes any misrepresentation. Regardless of whether specifically stated in any Lease provision or Addendum, Resident is at all times responsible for the conduct of, shall be liable for, and shall also be in default of this Lease if any occupant, family member, guest, invitee, or any other person in or about the Premises, coming to or leaving the Premises, or on Owner’s Property due to Resident, or with Resident’s knowledge or consent breaches or fails to observe any of Resident’s covenants, promises, or obligations contained in this Agreement or any Addendum. If Resident fails to cure any default, provided any default can be cured, or commits a noncurable default, Resident shall be in breach of this Agreement and Owner shall have all remedies provided for in this Agreement and at law. In the event of any default under this Agreement by Owner, unless prohibited by law, Resident’s remedies shall be limited to either an action for specific performance or declaratory judgment. Each right and remedy provided for and to Owner in this Agreement shall be cumulative and shall be in addition to each and every other right or remedy provided for in this Agreement and at law whichever is greater now or hereafter existing at law or in equity. The exercise or commencement of the exercise by Owner of any one or more rights provided for in this Agreement or at law shall not constitute an election by Owner or preclude the simultaneous or subsequent exercise by Owner of any or all other rights or remedies.
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DEFAULT, BREACH, AND REMEDIES. Time is of the essence hereof. If the Note, Exxxxxx Money or any other payment due herein is not paid, honored or tendered when due, or if any other obligation herein is not performed as herein provided, there shall be the following remedies:
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Related to DEFAULT, BREACH, AND REMEDIES

  • Default Breach Remedies Notwithstanding anything to the contrary contained in Paragraph 13.1 or elsewhere in the Lease:

  • Breach; Remedies Notwithstanding anything to the contrary in this Agreement, the Participant agrees and acknowledges that the breach of this Section would cause substantial loss to the goodwill of the Company and/or its Affiliates, and cause irreparable harm for which there is no adequate remedy at law. Further, because the Participant’s employment with the Employer is personal and unique, because damages alone would not be an adequate remedy and because of the Participant’s access to the Confidential Information, the Company and/or its Affiliates shall have the right to enforce this Section, including any of its provisions, by injunction, specific performance, or other equitable relief, without having to post bond or prove actual damages, and without prejudice to any other rights and remedies that the Company and/or its Affiliates may have for a breach of this Section, including, without limitation, money damages. The Participant agrees and acknowledges that notwithstanding the arbitration provisions in this Agreement, the Company may elect to file and pursue claims which arise from or relate to the Participant’s actual or threatened breaches of this Section in state or federal court of competent jurisdiction. The Participant shall be liable to pay all costs, including reasonable attorneys’ and experts’ fees and expenses, that the Company and/or its Affiliates may incur in enforcing or defending this Section, whether or not litigation is actually commenced and including litigation of any appeal taken or defended by the Company and/or its Affiliates where the Company and/or its Affiliates succeed in enforcing any provision of this Section.

  • Defaults and Remedies Section 6.01.

  • Default and Remedies Either of the following constitutes cause to declare this Contract, or any Participating Entity order under this Contract, in default:

  • Default Remedies Any one of the following occurrences shall constitute an ----------------- "EVENT OF DEFAULT" under this Note: (i) failure by the Maker to make any payment of principal or interest when the same becomes due and payable, said failure continuing for thirty (30) days or more; or (ii) if Maker shall fail to pay its debts, make an assignment for the benefit of its creditors, or shall commit an act of bankruptcy, or shall admit in writing its inability to pay its debts as they become due, or shall seek a composition, readjustment, arrangement, liquidation, dissolution or insolvency proceeding under any present or future statute or law, or shall file a petition under any chapter of federal Bankruptcy Code or any similar law, state or federal, now or hereafter existing, or shall become "insolvent" as that term is generally defined under the Federal Bankruptcy Code, or shall in any involuntary bankruptcy case commenced against it file an answer admitting insolvency or inability to pay its debts as they become due, or shall fail to obtain a dismissal of such case within sixty (60) days after its commencement or convert the case from one chapter of the Federal Bankruptcy Code to another chapter, or be the subject of an order for relief in such bankruptcy case, or to be adjudged a bankruptcy or insolvent, or shall have a custodian, trustee or receiver appointed for, or have any court take jurisdiction of its property, or any part thereof, in any proceeding for the purpose of reorganization, arrangement, dissolution or liquidation, and such custodian, trustee, liquidator or receiver shall not be discharged, or such jurisdiction shall not be relinquished, vacated or stayed within sixty (60) days of the appointment. Upon occurrence of an Event of Default hereunder, the entire outstanding principal balance and any unpaid interest then accrued under this Note, shall at the option of the Payee hereof and without demand or notice of any kind to the undersigned or any other person (including, but not limited to, any guarantor now or hereafter existing), immediately become and be due and payable in full. In such event, Payee shall have and may exercise any and all rights and remedies available at law or in equity.

  • Default Rights and Remedies If an Event of Default exists, the Agent shall have the following rights and remedies:

  • Events of Default Rights and Remedies Section 7.1 Events of Default.

  • Acceleration and Remedies Upon the acceleration of the obligations under the Credit Agreement pursuant to Section 8.1 thereof, the Obligations and, to the extent provided for under the Rate Management Transactions evidencing the same, the Rate Management Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Agent may, with the concurrence or at the direction of the Required Secured Parties, exercise any or all of the following rights and remedies:

  • Defaults Remedies (a) It shall be an Event of Default:

  • Events of Default and Remedies Section 8.01

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