Default Procedure. 13.1. Where either party fails to comply with the provisions of the Agreement (except where this failure entitles the party not so failing to proceed to termination pursuant to Section 10 (Termination)), the party not in default will serve notice in writing stating:
Default Procedure. In the event that Customer fails to make the accelerated advance payments in the amounts and on the dates established by the parties, or if the parties are unable to agree on the dates and amounts for the accelerated advance payments, the Customer shall pay interest as described in paragraph 5, above.
Default Procedure. (a) If a Default occurs, the Administrative Agent shall promptly after becoming aware of the same notify the Lenders in writing of such occurrence.
Default Procedure. The Security shall become immediately enforceable:
Default Procedure. The Charge shall become immediately enforceable:
Default Procedure. If a Member (or other Distributee, if applicable) does not make a timely election whether or not to directly roll over his Eligible Rollover Distribution within a reasonable period permitted by the Committee for making such election, such distribution shall be made directly to the Member (or other Distributee, if applicable). Notwithstanding the foregoing, effective March 28, 2005, such Eligible Rollover Distributions made to a Member prior to Normal Retirement Date that exceed $1,000 but do not exceed $5,000 will be automatically rolled over to an individual retirement account, as described in Section 8.1.2.
Default Procedure. (1). Whether the lessor or the lessee is in default under a lease contract is determined by the lease agreement and this Article. [PL 1991, c. 805, §4 (NEW).]
Default Procedure. In the event of such a default, the Grantor/Cable Board through their designated agent shall proceed according to the procedure set forth in this Franchise, and any Applicable Law.
Default Procedure. Unless an alternate reporting arrangement is agreed upon in accordance with Section 5.13.2, the Reviewing IRB/Reviewing IRB Institution will draft the Report and will provide the Relying Institution the opportunity (no fewer than five (5) business days, whenever possible) to review and comment on the draft Report before the Reviewing IRB/Reviewing IRB Institution sends the final Report to the external recipients (such final Report will also be copied to the Relying Institution). The Relying Institution will promptly provide any comments on the draft Report to the Reviewing IRB/Reviewing IRB Institution as provided in Section 6.16 hereof. Nothing in this Agreement requires the Reviewing IRB/Reviewing IRB Institution to be in violation of any legally required timeframes for submission of its Report, and the Reviewing IRB/Reviewing IRB Institution is under no obligation to adopt or concur with the comments of a Relying Institution. However, nothing herein shall prevent a Relying Institution from making its own Report in addition to any Report prepared by the Reviewing IRB/Reviewing IRB Institution; if a Relying Institution so elects, it will provide a copy of such Report to the Reviewing IRB/Reviewing IRB Institution as provided in Section 6.16.
Default Procedure. If you breach this Master Lease or violate the terms of the TSP Documentation, then Ryder may send you a notice of default. You will have 48 hours from the time that Ryder sends you the notice to cure the default. If you fail to cure a default as required by this Paragraph, then Ryder may, at its option, without prejudice to Xxxxx’x other remedies under the TSP Documentation, at law or in equity: (i) immediately return any or all TSP Vehicles to the proper TSP Vehicle Drop-Off Location, without further demand or notice (unless required by law in the relevant jurisdiction); (ii) remove all TSP Vehicles from any available vehicle listings in the TSP; (iii) terminate your access to the TSP Software; and/or (iv) terminate the Master Lease or individual Short-Term TSP Leases as to any or all of the TSP Vehicles. Default related to uncertified or unsafe TSP Vehicles shall not be subject to the 48 hour cure period and may be immediately removed from the TSP at Xxxxx’x sole discretion.
