Default Date Sample Clauses

Default Date. See Section 11.1. Defaulting Partners. Lyondell LP4, Lyondell LP, Lyondell (Pelican) LP1 and Lyondell LP3, in the case of a Default by Lyondell LP4, Lyondell LP, Lyondell (Pelican) LP1 or Lyondell LP3 or their Guarantor; and Millennium GP and Millennium LP1, in the case of a Default by Millennium GP, Millennium LP1 or their Guarantor.
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Default Date. See Section 11.1. ------------ ------------ Defaulting Partners. Lyondell GP and Lyondell LP, in the case of a ------------------- Default by Lyondell GP, Lyondell LP or their Guarantor; Millennium GP and Millennium LP, in the case of a Default by Millennium GP, Millennium LP or their Guarantor; and Occidental GP, Occidental LP1 and Occidental LP2, in the case of a Default by Occidental GP, Occidental LP1, Occidental LP2 or their Guarantor.
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Default Date. 3.3(iv) Default Period...........................................................3.3(iv) Delaware Court...............................................................8.9
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Default Date. For each Event of Default, the “Default Date” shall mean the date of the first occurrence of such Event of Default, regardless of the date that an Event of Default Notice is actually given by one party to the other.
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Default Date. When the rent remains unpaid as of the due date, continues to be unpaid throughout the grace period, and remains unpaid afterward then the Landlord may decide that the Tenant must vacate the premises and proceed with an eviction. The first day when the Landlord may consider eviction should be determined and reported as the maximum number of days after the last date the Landlord will wait for payment. Article 17. Entry By Landlord (20) Tenant Absence. Naturally, some Tenants may travel or be absent from the premises for periods of time. This leaves the property vulnerable thus, the Landlord can require the Tenant to inform him or her if the premises will be uninhabited for a period of time. This agreement should define how long this period of absence must be to require notification from the Tenant. Article 32. Signatures (21)
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Default Date. For all purposes, theDefault Date will be: (i) theBusiness Dayimmediately afterthe expiration of theGrace Period, ifapplicable, or (ii) theBusiness Daywhen theEvent of Defaultoccurred, in absence of aGrace Period.
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Default Date. 7.2.1 for the purposes of clause 7.1.1, means the starting date; or
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Default Date. The default date of this contract will be . If the work is not completed by the default date (5 business days after the stated end of the contract), this contract will become null and void and no further payment will be due the contractor. If a mechanics lien is placed on the property by the contractor or subcontractors after the default date, or before the default date if the work is not completed, the contractor agrees to pay Owner $2,500 in damages, plus any and all expenses and attorney’s fees necessary to recover the damage and all other damages entitled to Westwinds by law. If the work is completed in a satisfactory manner to the owner by the default date, contractor retains all rights and remedies allowed by law if payment is not tendered as agreed. Property Late Penalties and draw inspection chargebacks The contractor will be backcharged $50 per day for every day project runs beyond the completion date stated in this contract. If the work represented by the contractor to be complete is incomplete when Owner arrives to inspect for draw, Owner will backcharge the contractor $50 for each additional trip necessary to complete the draw request as submitted by the contractor. Draw Schedule Draws will be based upon full completion of the work specified by trade as listed below. The contractor may call for 3 intermediate draws and one final draw for a total of 4 draws during the project. Owner and the contractor will agree upon draw amounts before the work is to begin. Draw requests must be received by 5:00 p.m. Monday to be inspected Tuesday or Wednesday and checks paid on Friday of the same week. Draw requests presented after 5:00 p.m. Monday will be processed the following week. No exceptions. Draw Purpose $ Amount Date Scheduled 1 Materials Final Completion Final (Completion) draw request will not be honored until all of the work has been completed in a satisfactory manner and inspected for completion and compliance by Owner. A ten percent (10%) retainage may be held from each draw until completion of punch list items and final acceptance by Owner. Property The Work Amount
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Related to Default Date

  • Default Payment Following the occurrence and during the continuance of an Event of Default, the Holder, at its option, may demand repayment in full of all obligations and liabilities owing by Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement and/or may elect, in addition to all rights and remedies of the Holder under the Purchase Agreement and the other Related Agreements and all obligations and liabilities of the Company under the Purchase Agreement and the other Related Agreements, to require the Company to make a Default Payment (“Default Payment”). The Default Payment shall be 130% of the outstanding principal amount of the Note, plus accrued but unpaid interest, all other fees then remaining unpaid, and all other amounts payable hereunder. The Default Payment shall be applied first to any fees due and payable to the Holder pursuant to this Note, the Purchase Agreement, and/or the other Related Agreements, then to accrued and unpaid interest due on this Note and then to the outstanding principal balance of this Note. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to this Section 2.3.

  • Default Defined Default for the purpose of this Agreement shall mean any failure by Seller or Purchaser to fulfill all the terms, conditions and covenants contained herein, however, it shall not be an event of default for either party to exercise its rights to terminate this contract as contained in other provisions herein.

  • Repayment on Event of Default When there is an Event of Default, Borrower will, if Bank demands (or, upon the occurrence of an Event of Default under Section 8.5, immediately without notice or demand from Bank) repay all of the Advances. The demand may, at Bank’s option, include the Advance for each Financed Receivable then outstanding and all accrued Finance Charges, the Early Termination Fee, Collateral Handling Fee, attorneys’ and professional fees, court costs and expenses, and any other Obligations.

  • Payment of accrued default interest Subject to the other provisions of this Agreement, any interest due under this Clause shall be paid on the last day of the period by reference to which it was determined; and the payment shall be made to the Agent for the account of the Creditor Party to which the overdue amount is due.

  • Event of Default Defined Acceleration of Maturity; Waiver of Default. "Event of Default" with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

  • Additional Event of Default The following will constitute an additional Event of Default with respect to Party B: "NOTE ACCELERATION NOTICE. A Note Acceleration Notice is served on Party B in relation to the Relevant Notes."

  • Lender Default If any Lender shall fail to make any payment required to be made by it pursuant to Section 2.02(c), 2.14(e), 2.17(d), 2.18(d), 2.18(e) or 10.03(c), then the Administrative Agent may, in its discretion (notwithstanding any contrary provision hereof), apply any amounts thereafter received by the Administrative Agent for the account of such Lender to satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid.

  • No Default, etc No Default, Event of Default or Material Adverse Change has occurred and is continuing.

  • Major Default The Purchasers shall be considered to be in “Major Default” in the event that (a) the Purchasers are in breach of their obligations under the Agreement and (b) such breaches, individually or in the aggregate, resulted or would reasonably be expected to result in (i) material Losses to the Sellers or their Affiliates, (ii) material reputational harm to the Sellers or their Affiliates, (iii) material and adverse regulatory consequences to the Sellers or their Affiliates, for which, in each case of clauses (i) through (iii), indemnification by the Purchasers pursuant to Article 8 of the Agreement would not be sufficient to remedy all damages incurred by the Sellers and their Affiliates or (iv) if the Sellers reasonably determine, based on the advice of counsel, that it would reasonably be expected to be a violation of their fiduciary duties under applicable Law to not terminate the Agreement, taking into account the indemnification by the Purchasers pursuant to Article 8 of the Agreement; provided, that the following breaches shall be excluded, and not taken into account, in determining if a Major Default has occurred: (x) any breach to the extent resulting from any action taken by the Purchasers pursuant to and in accordance with written direction given by the Sellers and (y) any breach to the extent arising out of or resulting from, directly or indirectly, a breach by the Sellers of the Agreement, the Transition Services Agreement or the Purchase Agreement.

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