Defaults by Company Sample Clauses

Defaults by Company. The occurrence of any one or more of the following events (regardless of the reason therefor) shall constitute an event of default by Company:
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Defaults by Company. 10.1. The occurrence of any one or more of the following events shall constitute a material default and breach of this Agreement by the Company:
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Defaults by Company. 30.1. If Company should be in default in the performance of any of its obligations under this Sublease, or the Prime Lease, which default continues for a period of more than fifteen (15) days after receipt of written from Sublessee for a monetary default and thirty (30) days after receipt of written notice from Sublessee for a non-monetary default which notice specifies such default, or in the case of a non-monetary default if such default is of a nature to require more than thirty (30) days for remedy and continues beyond the time reasonably necessary to cure (and Company has not undertaken procedures to cure the default within such thirty (30) day period and diligently pursued such efforts to complete such cure), Sublessee may, in addition to any other remedy available at law or in equity at its option, upon written notice, incur any reasonable expense necessary to perform the obligation of Company specified in such notice and deduct such expense from the Rent or other charges next becoming due. Notwithstanding the foregoing, if Sublessee’s possession of the Premises is threatened due to the Prime Lessor filing an eviction or similar proceeding against the Company or similar proceeding and the filing of such proceeding was not caused by the Sublessee’s default under this Sublease Agreement, then Sublessee may, in addition to any other remedy available to it at law or in equity, terminate this Sublease Agreement upon delivering written notice to Company.
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Defaults by Company. The occurrence of any one or more of the following events shall constitute a material default and breach of this Lease by Company:
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Defaults by Company. The occurrence of any one or more of the following events (regardless of the reason therefor) shall constitute an event of default by Company: (a) Company shall fail to settle in accordance with Section 7.2 any amount payable by Company thereunder within two (2) Business Days after Bank shall have given notice thereof by 5 p.m. Eastern; * 69 (b) Company shall no longer be solvent or shall fail generally to pay its debts as such debts become due or there shall be a substantial cessation of Company’s regular course of business; (c) A petition under the Bankruptcy Code or similar law shall be filed against Nordstrom and not be dismissed within sixty (60) days; (d) A decree or order by a court having jurisdiction (i) for relief in respect of Nordstrom pursuant to the Bankruptcy Code or any other applicable bankruptcy or other similar law, (ii) for appointment of a custodian, receiver, liquidator, assignee, trustee, or sequestrator (or similar official) of Nordstrom or of any substantial part of its properties, or (iii) ordering the winding-up or liquidation of the affairs of Nordstrom shall be entered, and shall not be vacated, discharged, stayed or bonded within sixty (60) days from the date of entry thereof; (e) Nordstrom shall (i) file a petition seeking relief pursuant to the Bankruptcy Code or any other applicable bankruptcy or other similar law, (ii) consent to the institution of proceedings pursuant thereto or to the filing of any such petition or to the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee or sequestrator (or similar official) of Nordstrom or any substantial part of its properties, or (iii) take corporate action in furtherance of any such action; (f) Any Governmental Authority having jurisdiction over Company Bank shall order the appointment of a custodian, receiver, liquidator, assignee, trustee or sequestrator (or similar official) of Company Bank or of any substantial part of its properties, or order the winding-up or liquidation of the affairs of Company Bank, and such order shall not be vacated, discharged, stayed or bonded within sixty (60) days from the date of entry thereof; (g) Company Bank shall (i) consent to the institution of proceedings specified in paragraph (f) above or to the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee or sequestrator (or similar official) of Company Bank of any substantial part of its properties, or (ii) take corpora...
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Related to Defaults by Company

  • Reports by Company The Company shall:

  • Defaults by Tenant The occurrence of any one or more of the following events shall be a default under and breach of this Lease by Tenant:

  • Defaults, etc Such Pledgor is not in default in the payment of any portion of any mandatory capital contribution, if any, required to be made under any agreement to which such Pledgor is a party relating to the Pledged Securities pledged by it, and such Pledgor is not in violation of any other provisions of any such agreement to which such Pledgor is a party, or otherwise in default or violation thereunder. No Securities Collateral pledged by such Pledgor is subject to any defense, offset or counterclaim, nor have any of the foregoing been asserted or alleged against such Pledgor by any person with respect thereto, and as of the date hereof, there are no certificates, instruments, documents or other writings (other than the Organizational Documents and certificates representing such Pledged Securities that have been delivered to the Collateral Agent) which evidence any Pledged Securities of such Pledgor.

  • DEFAULTS BY LANDLORD Landlord shall not be in default under this Lease, and Tenant shall not be entitled to exercise any right, remedy or recourse against Landlord or otherwise as a consequence of any alleged default by Landlord under this Lease, unless Landlord fails to perform any of its obligations hereunder and said failure continues for a period of thirty (30) days after Tenant gives Landlord and (provided that Tenant shall have been given the name and address of Landlord’s Mortgagee) Landlord’s Mortgagee written notice thereof specifying, with reasonable particularity, the nature of Landlord’s failure. If, however, the failure cannot reasonably be cured within the thirty (30) day period, Landlord shall not be in default hereunder if Landlord or Landlord’s Mortgagee commences to cure the failure within the thirty (30) days and thereafter pursues the curing of same diligently to completion. If Tenant recovers a money judgment against Landlord for Landlord’s default of its obligations hereunder or otherwise, the judgment shall be limited to Tenant’s actual direct, but not consequential, damages therefor and shall be satisfied only out of the interest of Landlord in the Complex as the same may then be encumbered, and Landlord shall not otherwise be liable for any deficiency. In no event shall Tenant have the right to levy execution against any property of Landlord other than its interest in the Complex. The foregoing shall not limit any right that Tenant might have to obtain specific performance of Landlord’s obligations hereunder.

  • Notice by Company The Company shall promptly notify the Trustee and the Paying Agent of any facts known to the Company that would cause a payment of any Obligations with respect to the Notes to violate this Article 10, but failure to give such notice shall not affect the subordination of the Notes to the Senior Debt as provided in this Article 10.

  • Waiver of Past Defaults and Events of Default Subject to Sections 6.02, 6.08 and 8.02, the Holders of a majority in aggregate principal amount of the Notes then outstanding have the right to waive any existing Default or compliance with any provision of this Indenture or the Notes. Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereto.

  • Defaults Remedies (a) It shall be an Event of Default:

  • Termination by Company The Company is authorized to terminate this Fee Agreement at any time with respect to all or part of the Project upon providing the County with thirty (30) days’ written notice; provided, however, that (i) any monetary obligations existing hereunder and due and owing at the time of termination to a party hereto (including without limitation any amounts owed with respect to Section 4.03 hereof); and (ii) any provisions which are intended to survive termination shall survive such termination. In the year following such termination, all property shall be subject to ad valorem taxation or such other taxation or fee in lieu of taxation that would apply absent this Fee Agreement. The Company’s obligation to make FILOT Payments under this Fee Agreement shall terminate in the year following the year of such termination pursuant to this section.

  • Waiver of Defaults and Events of Default (a) The Noteholders of a majority of the Note Balance of the Controlling Class may waive any Default or Event of Default, except an Event of Default (i) in the payment of principal of or interest on any of the Notes (other than an Event of Default relating to failure to pay principal due only by reason of acceleration) or (ii) in respect of a covenant or provision of this Indenture that cannot be amended, supplemented or modified without the consent of all Noteholders.

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