Default of Owner Sample Clauses

Default of Owner. Owner shall be in default of this Contract if Owner fails to pay undisputed amounts owed to Contractor within twenty-one (21) days of the date such payment is due under this Contract. In such event, if Owner fails to make such payment within five (5) days following Contractor’s delivery to Owner of a written Notice of Default of such nonpayment, Contractor’s remedies shall be as follows:
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Default of Owner. If Owner fails to comply with or perform in any respect any of the material terms and provisions to be complied with or any of the obligations to be performed by Owner under this Agreement, and such failure continues uncured for a period of thirty (30) calendar days after written notice to Owner specifying the nature of such default (or such longer period of time as may be needed in the exercise by Owner of due diligence to effect a cure of any non-monetary default), then Developer shall have the right, in addition to all other rights and remedies available to Developer at law or in equity, at its option, to terminate this Agreement by giving written notice thereof to Owner, in which event Owner shall promptly pay to Developer, in cash, the sums payable to Developer upon termination as provided in Section 12.6 hereof, and upon the payment of such amounts, subject to Sections 3.6, 6.1, 6.3, 9.2 and 12.7 hereof, Owner and Developer shall have no further rights, duties, liabilities or obligations whatsoever under this Agreement (Developer hereby waiving all other rights and remedies that may be available under applicable law).
Default of Owner. Manager shall transmit to Lender a copy of any notice or statement of default under the Agreement transmitted to Owner by Manager, and in the event Owner shall fail to cure any such default within any applicable cure period provided in the Agreement, Manager shall not terminate the Agreement on account of such default unless and until Manager shall have given Lender written notice of Owner’s failure to cure such default and afforded Lender thirty (30) days from its receipt of such notice, within which time Lender shall have the right, but not the obligation, to cure such default; provided, however, that if the default is of such a nature that more than thirty (30) days are required to cure such default, then Lender shall be afforded a reasonable time to cure such default provided that Lender undertakes promptly to cure such default and thereafter diligently continues such cure to completion; provided, further, however, that Lender shall have no obligation to cure any such default. The provisions of this paragraph shall apply only to defaults, or events or circumstances which would constitute defaults, occurring prior to the date on which Lender succeeds to the interest of Owner in and to the Premises, and from and after such date, the provisions of the Agreement shall govern the giving of notice to, and curing of defaults by, Lender.
Default of Owner. 13.1. The Owner will be in default if:
Default of Owner. Owner shall be in default under this Agreement in the event Owner fails to perform any of the covenants, terms, provisions or conditions contained in this Agreement on its part to be performed within 30 days after written notice thereof from Operator, or such additional time as is reasonably required to correct any such default, but in no event more than an additional 30 days.
Default of Owner. Any matter or thing to be done by the Owner pursuant to this Agreement shall, in the event of default of performance, be done by the Town at the Owner's expense, and the Town may recover any expense incurred by it in doing such matter or thing with interest in like manner as municipal taxes or otherwise enforce performance pursuant to the provisions of Section 446 of the Municipal Act, 2001, S.O. 2001, c.25, as amended, provided, however, that such remedy of the Town shall be in addition to any other remedy, and shall not be an alternative substitute therefor. Any securities held under this Agreement may be used for the purposes of fulfilling any of the Owner’s obligations under this Agreement if required by the Town Engineer, in his sole discretion.
Default of Owner. (1) If Owner defaults in any material respect in performing any of its obligations under this Agreement and such default is not cured within five (5) days in the case of a monetary default and within thirty (30) days in the case of a non-monetary default, after notice thereof is given by Manager to Owner, then subject to Section 4.4(2) below, Manager shall have the right to pursue any and all remedies available to it hereunder, or at law or in equity against Owner. In addition, Manager shall have the right to terminate this Agreement by giving written notice to that effect to Owner.
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Default of Owner. In the event Owner fails to pay Rental Agent any amount required under this Agreement when due, Rental Agent shall have the right to deduct said amount from any amounts payable to Owner hereunder without notice. Similarly, in the event that Owner fails to pay any party other than Rental Agent any amount required under this Agreement when due, Rental Agent shall have the right, but not the obligation, to make payment to said party on behalf of Owner and to deduct said amount from the sums payable to Owner hereunder without notice.
Default of Owner. 5.4.1 City may terminate or modify this Agreement for any failure of Owner to perform any material duty or obligation of Owner under this Agreement, or to comply in good faith with the terms of this Agreement (a “Default”); provided, however, City may terminate or modify this Agreement pursuant to this Section only after providing written notice to Owner of Default setting forth the nature of the Default and the actions, if any, required by Owner to cure such Default and, where the Default can be cured, Owner has failed to take such actions and cure such Default within 120 days after the effective date of such notice or, in the event that such Default cannot be cured within such 120 day period but can be cured within a longer time, has failed to commence the actions necessary to cure such Default within such 120 day period and to diligently proceed to complete such actions and cure such Default. Without limiting the nature of the foregoing, any one or more of the following events will constitute a “Default” by Owner:
Default of Owner. 30.1 In the event the Owner:
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