Defaults by CSEC Sample Clauses

Defaults by CSEC. CSEC, CSERELP and Development Manager each agree that if any of the Events of Default described in Section 13.4 occur in respect of CSEC and continue beyond the expiration of any cure period provided for in such Section, or if the covenant of CSEC in Section 20.12 is breached, then, in any such case, an Event of Default shall be deemed to have occurred in respect of each of CSERELP and Development Manager pursuant to Sections 13.4 and 13.2, respectively.
Sample 1
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Defaults by CSEC. CSEC and CSERELP each agree that if any of the Events of Default described in Sections
Sample 1

Related to Defaults by CSEC

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

  • Waiver of Past Defaults The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default

  • EVENTS OF DEFAULTS AND CONSEQUENCES 9.1 Subject to the Force Majeure clause, the Promoter shall be considered under a condition of Default, in the following events:

  • Defaults and Remedies Section 6.01.

  • TERMINATION BY MPS - BREACH BY CONTRACTOR If Contractor fails to fulfill its obligations under this Contract in a timely or proper manner, or violates any of its provisions, MPS shall thereupon have the right to terminate it by giving five (5) days written notice before the effective date of termination of the Contract, specifying the alleged violations, and effective date of termination. The Contract shall not be terminated if, upon receipt of the notice, Contractor promptly cures the alleged violation with five (5) days. In the event of termination, MPS will only be liable for services rendered through the date of termination and not for the uncompleted portion, or for any materials or services purchased or paid for by Contractor for use in completing the Contract.

  • Events of Default Defined The following shall each constitute an "Event of Default" hereunder:

  • Default by State If the State, sixty (60) days after receipt of written notice, fails to correct or cure any material breach of this Contract, the Contractor may cancel and terminate this Contract and institute measures to collect monies due up to and including the date of termination.

  • Events of Default and Termination 13.1 If:

  • Other Defaults Any Loan Party fails to perform or observe any other covenant or agreement (not specified in Section 8.01(a) or (b) above) contained in any Loan Document on its part to be performed or observed and such failure continues for thirty (30) days after notice thereof by the Administrative Agent to the Borrower; or

  • Events of Default by Either Party It shall constitute an event of default (“Event of Default”) by either Party hereunder if:

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