Defaults and Disputes. To pay an amount representing the reasonable costs and expenses of NFPAS in respect of action taken under clause 7.1.5 unless such amount has been deducted or set off by NFPAS in accordance with such clause provided that:
(A) NFPAS has first taken all reasonable endeavours to recover any such amount from the Successful Bidder or any other parties participating in an Auction; and
(B) the Principal shall pay such amount to the extent that NFPAS has not recovered the same from the Successful Bidder or any such parties participating in an Auction.
Defaults and Disputes. Section 9.1 Events of Default 58 Section 9.2 Remedies 59 Section 9.3 Indemnity 60 Section 9.4 Disputed Reports 61 Section 9.5 Disputes 61 Section 9.6 Insolvency Event 62
Defaults and Disputes. 10.1 If the County has reason to believe that ThinkBig has not complied with any material provision of this Agreement, it shall notify ThinkBig in writing of the nature of such alleged noncompliance and the section(s) of this Agreement that it believes has been violated and the details relating thereto. If the County does not notify ThinkBig of any noncompliance or violation of this Agreement, it shall not operate as a waiver of any rights of the County hereunder or pursuant to applicable law.
10.2 ThinkBig shall have thirty (30) days from receipt of the written notice to: (i) respond to the County, if ThinkBig contests the assertion of noncompliance; (ii) cure such noncompliance; or (iii) in the event that, by nature of the noncompliance, it cannot be cured within the thirty (30) day period, the period of time in which ThinkBig must cure the violation shall be extended by the County in writing for such additional time necessary to complete the cure, provided that ThinkBig shall have promptly commenced to cure and is diligently pursuing its efforts to cure.
10.3 If the violation has not been cured within the time allowed under Section 10.2 or if the County disagrees with ThinkBig’s challenge of the violation, then the Parties will jointly select a competent mediator by mutual agreement. At least one mediation session will be promptly conducted and attended by representatives of each party having sufficient settlement authority. The cost of the mediation billed by the mediator will be divided equally between the Parties. If mediation fails to produce a resolution or the Parties cannot agree on a mediator within sixty (60) days after notice of the dispute from either party, then either party may seek
10.4 The Parties do hereby waive trial by jury in connection with any proceedings brought to enforce the terms of this Agreement.
Defaults and Disputes. In the case of a dispute concerning the interpretation or application of this Convention, or of a default in obligations under this Convention, the Committee shall meet and take appropriate action.
Defaults and Disputes. None. See Attached.
Defaults and Disputes. Each of the following events or circumstances constitutes an event of default by the Seller (each, an “Event of Default”): the Seller fails to sell and deliver Refined Gold to the Purchaser on the terms and conditions set forth in this Agreement within 10 Business Days of the date upon which sale and delivery is required hereunder; the Seller is in breach or default of any of its representations, warranties, covenants or obligations set forth in this Agreement in any material respect (other than a breach or default under Sections 10.1(a) and (e)) and such breach or default is not remedied within 30 days following delivery by the Purchaser to the Seller of written notice, or such longer period of time as the Purchaser may determine in its sole discretion; any Guarantor is in breach or default of any of its representations, warranties, covenants or obligations set forth in its Guarantor Guarantee or any Security Agreement to which it is a party in any material respect; any Seller Group Member does not observe, perform or comply with any covenant or obligation that the Seller is required to cause the Seller Group Member to observe, perform or comply with, or ensure they observe, perform or comply with, under this Agreement in any material respect, and such non-performance or non- compliance is not remedied within a period of 30 days following delivery by the Purchaser to the Seller of written notice of such non-observance, non-performance or non-compliance, or such longer period of time as the Purchaser may determine in its sole discretion; the Seller is in breach or default of Sections 7.1 and 7.2; upon the occurrence of an Expropriation Event; it is or becomes unlawful, or any action taken by a Governmental Authority makes it impractical or impossible, for the Seller or any Guarantor to perform any of its obligations in any material respect under this Agreement or any Security Agreement; any event, circumstance or fact that constitutes or could reasonably be expected to give rise to a Seller Event of Default (as such term is defined in the Nomad Stream Agreements) without giving effect to any amendment or waivers from the purchaser thereunder; or upon the occurrence of an Insolvency Event with respect to any Seller Group Member.
Defaults and Disputes. Titan has been advised that it is in default of a small U.S. government pyrotechnics contract. Part 3: Licenses, Patents, Copyrights, Trademarks, Trade Names and Applications Titan Dynamics Systems, Inc.
Defaults and Disputes. Certain aspects of the Transaction such as the change of control may trigger a default under the Master Lease Agreement dated as of August 14, 1998, as amended, between LaSalle National Leasing Corporation and Borrower. The Lease covers material handling equipment at the Liberal, Kansas facility. Borrower has been verbally assured that LaSalle will amend the Lease or waive the default.
Defaults and Disputes. In the case of a dispute concerning the interpretation or application of this Convention or of a default in obligations under this Convention, the Food Aid Committee shall meet and take appropriate action.
Defaults and Disputes. Section 9.1 Seller Events of Default 53 Section 9.2 Remedies 54 Section 9.3 Purchaser Events of Default 55 Section 9.4 Seller MPA Entities’ Remedies for Purchaser Event of Default 55 Section 9.5 Indemnity 56 Section 9.6 Disputed Reports 57 Section 9.7 Disputes 57 Section 10.1 Payments 58 Section 10.2 Taxes 58 Section 10.3 New Tax Laws 60 Section 10.4 Interest 60 Section 10.5 Set Off 60 Section 10.6 Judgment Currency 61
