Common use of Default by DEPARTMENT Clause in Contracts

Default by DEPARTMENT. The following shall constitute an Event of Default on the part of DEPARTMENT: failure by DEPARTMENT to pay within thirty (30) days after Payment is due any Payment required to be paid pursuant to the terms hereof.

Appears in 5 contracts

Samples: Services Agreement, Services Agreement, Services Agreement

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Default by DEPARTMENT. The following shall constitute an Event of Default on the part of DEPARTMENT: failure by DEPARTMENT to pay within thirty (30) days after Payment is due any Payment required to be paid pursuant to the terms hereof, provided such failure to pay shall not constitute an Event of Default if the Comptroller of the Sate ofTexas has withheld any payments pursuant to statutory authority.

Appears in 1 contract

Samples: Services Operations Agreement

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