Default Judgment. A copy of the default judgment, dated December 14, 2006, entered in favor of the Issuer in connection with County of Orange v. All Persons Interested, etc., Case No. 06CC11581 filed in the Superior Court of California, County of Orange;
Default Judgment. Liability under or arising from a judgment entered against You by reason of Your failure to defend the claim, unless We gave You prior written consent to this course of action.
Default Judgment. Transtech will move as soon as practical after the execution of this Agreement to vacate the default judgment which it obtained in connection with the Kin-Buc, Inc. vs. Inmar Associates litigation pending in the Superior Court of Mxxxxx County and proceed with the filing of the appropriate Stipulation of Settlement or Warrant to Satisfy Judgment to properly memorialize the vacation of the default judgment noted above and the resolution of the litigation.
Default Judgment. Mxxxxxx’x agreement to settle and compromise the Claims is expressly conditioned, as a condition precedent to Mxxxxxx’x obligations, on the timely receipt of all payments due under the Notes. If the JetPay Entities fail to make any payment when due under the Notes (hereinafter a “Payment Default”), Merrick is entitled to the entry of a default judgment in the amount agreed upon herein (the “Default Judgment”). To expedite the Default Judgment process, concurrently with execution of this Agreement, each of the JetPay Entities, other than WLES, shall execute and deliver to Merrick Stipulated and Confessed Judgments to enforce this settlement, jointly and severally, in the forms attached as Exhibit C hereto, and which may be filed and entered by the Federal District Court for Utah without notice to any of the JetPay Entities upon a Payment Default. The JetPay Entities represent and agree that the Stipulated and Confessed Judgments (Exhibit C) are enforceable in all respects, and that the JetPay Entities hereby additionally waive any objection, claim or right that they may otherwise have to the enforceability and validity of the Stipulated and Confessed Judgments. Further, the JetPay Entities understand, represent and agree that Merrick can seek to obtain and/or enforce the Default Judgment in any court of competent jurisdiction, and that upon a Payment Default, the JetPay Entities waive any objection, claim or right that they may otherwise have to the entry or enforceability of the Default Judgment, and the JetPay Entities will cooperate with Merrick to file any papers necessary to assist in obtaining a Default Judgment. The amounts of the Default Judgments are as follows:
a. Thirty-Two Million Five Hundred Thousand Dollars ($32,500,000) if a Payment Default occurs prior to the complete pay-off of either of the Notes;
b. Twenty-Eight Million Six Hundred and Fifty Thousand Dollars ($28,650,000) if a Payment Default occurs after payoff of the $3.85MM Note but prior to the complete payoff of the $5MM Note;
c. Twenty-Seven Million Five Hundred Thousand ($27,500,000) if a Payment Default occurs after payoff of the $5MM Note but prior to the complete payoff of the $3.85MM Note.
Default Judgment. The classic default judgment may be entered if an answer is not timely filed. If the accrued rent is not timely deposited into registry of the court, LL may also be entitled to default judgment and writ of possession to issue without notice or hearing. However, if an answer filed and rent posted, then case should be set for trial. Pursuant to Chapter 2013-136 of the Laws of Florida, effective July 1, 2013, subsection (5)(b) of section 83.56, Florida Statutes, is amended to read:
Default Judgment. It is well established that under Rule 55(b)(2), a district court has authority to enter default judgment when a party fails to plead or otherwise defend an action. The court’s exercise of this authority is discretionary, although the Third Circuit has set forth factors to guide the discretion of a district court considering whether to enter default judgment when a defendant has appeared in a case but has failed to otherwise defend, as is the case here. Comdyne I, Inc. x.
Default Judgment. (In the event that no Notice of Intention to Defend is received from the Defendant within 10 Business days of service of the Summons on the Defendant)
5.1. Note Sheriff’s service date
5.2. Diarise for 10 Court days after aforementioned service date
5.3. Take instructions to proceed with default judgment from the Managing Agent 5.4. Draft “Request for Default Judgment”
Default Judgment. In the event that NAS files for bankruptcy protection during the Release Stay Period, the Trafalgar Parties shall be entitled to the immediate entry of a default final judgment in their favor and against NAS for the liquidated amount of $2.7 Million, less any payments received from any of the NAS Parties from and after the Settlement Date. In conjunction with the execution of this Agreement, NAS shall execute and deliver to the Trafalgar Parties a Consent to the Entry of Final Judgment in the form attached hereto as Exhibit “K” for entry of a Final Consent Judgment Against NAs in the form attached hereto as Exhibit “L.”
Default Judgment. NHH DEFENDANTS agree that, as a condition of this structured settlement, in the event of a default, Plaintiffs and the Class will be entitled to a stipulated judgment as set forth in Section IV.C
Default Judgment. Copies of the default judgment, dated , 2021, entered in favor of the Town in connection with Town of San Xxxxxxx x.
