Default of the Contractor Sample Clauses

Default of the Contractor. The occurrence of one (1) or more of the following events shall constitute an event of default under this Agreement (each an “Event of Default”):
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Default of the Contractor. (a) is unable to take full responsibility for the adequacy, stability and safety of all Site operations and methods of construction as stipulated in subclause 8.2 of the conditions of contract.
Default of the Contractor. 19.8.1 If the Contractor has failed to (i) conduct the Work in a diligent, skilful and workmanlike manner and in accordance with good oil field practice or (ii) if the Contractor’s equipment is not performing to the specification; or (iii) if the Contractor is otherwise in material default hereunder, the Company shall give the Contractor written notice in which the Company shall specify the cause of its dissatisfaction. Upon receipt of such written notification the Contractor shall (i) correct the working procedures of its personnel to ensure compliance with good oilfield practice, or (ii) repair or replace such faulty equipment, or (iii) remedy its default hereunder.
Default of the Contractor. 27.3.1 The Contractor shall, throughout the period of the Agreement, maintain the applicable classification or certification of the equipment. The Company may suspend the Work or terminate the Agreement forthwith due to the failure of the Contractor to maintain the classification or certification.
Default of the Contractor. In the event that the Contractor shall fail to proceed with the work when and as directed by the Owner or the Architect or if the Contractor in the opinion of the Owner, shall fail to carry on the work with proper speed or if the Contractor shall otherwise fail to comply with the provisions of this Contract, the Owner, upon fourteen (14) days written notice to the Contractor, may declare the Contractor in default of this Contract and arrange for the work to be finished in such manner and method as may be deemed advisable by the Owner. If the Owner declares the Contractor in default, the Contractor shall be liable to the Owner for the cost of all additional architectural and engineering services necessary, in the Owner's opinion, as a result of such default. The Owner shall deduct from the contract consideration the cost of such additional services and, if the Owner has the work completed by other than the Contractor's surety, the actual cost of completion of all work covered by the Contract. If the unpaid balance of the contract consideration, including retainage from progress payments, is insufficient to pay such costs, then the Contractor, upon demand, shall pay the Owner the amount of such excess costs.
Default of the Contractor. Should it become apparent at any time during construction or during the Defects Liability Period that the Contractor’s alternative design and/or specifications do not comply with the specified requirements, the Contractor shall be liable for all consequential damage and shall, at his own expense, do all the work required to ensure that the structure complies with the design requirements. In addition, the Contractor shall not be entitled to any additional payment in excess of the sum referred to in sub-clause PS 25.3.1: Design, construction and remedy of defects, paragraph (a) above. When circumstances within the control of the Contractor arise after the acceptance of the Alternative Tender and when these circumstances, in the opinion of the Engineer, render construction of the alternative unacceptable, the Contractor shall construct the Works strictly in accordance with the original design as specified in the Tender Documents. In such circumstances, the Contractor shall not be entitled to any additional payment and the sum referred to in sub-clause 25.3.1 shall be in full and final settlement to the Contractor in respect of constructing the Works and remedying any defects in the Works as originally specified in the Tender Documents.
Default of the Contractor 
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Related to Default of the Contractor

  • Notice of Event of Default If the Mortgagee shall have Actual Knowledge of an Event of Default or of a Default arising from a failure to pay Rent, the Mortgagee shall give prompt written notice thereof to the Owner Trustee, the Owner Participant, Lessee, and each Note Holder. Subject to the terms of Sections 2.13, 4.03, 4.04, 4.08, 5.02 and 5.03 hereof, the Mortgagee shall take such action, or refrain from taking such action, with respect to such Event of Default or Default (including with respect to the exercise of any rights or remedies hereunder) as the Mortgagee shall be instructed in writing by a Majority in Interest of Note Holders. Subject to the provisions of Section 5.03, if the Mortgagee shall not have received instructions as above provided within 20 days after mailing notice of such Event of Default to the Note Holders, the Mortgagee may, subject to instructions thereafter received pursuant to the preceding provisions of this Section 5.01, take such action, or refrain from taking such action, but shall be under no duty to take or refrain from taking any action, with respect to such Event of Default or Default as it shall determine advisable in the best interests of the Note Holders; PROVIDED, HOWEVER, that the Mortgagee may not sell the Aircraft or any Engine without the consent of a Majority in Interest of Note Holders. For all purposes of this Trust Indenture, in the absence of Actual Knowledge on the part of the Mortgagee, the Owner Trustee or the Owner Participant, the Mortgagee, the Owner Trustee or the Owner Participant, as the case may be, shall not be deemed to have knowledge of a Default or an Event of Default (except, in the case of the Mortgagee, the failure of Lessee to pay any installment of Basic Rent within one Business Day after the same shall become due, if any portion of such installment was then required to be paid to the Mortgagee, which failure shall constitute knowledge of a Default) unless notified in writing by Lessee, the Owner Trustee, the Owner Participant or one or more Note Holders.

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