Common use of Defined Clause in Contracts

Defined. In addition to any breaches specified in other sections of this Grant, the failure of either Party to perform any of its material obligations hereunder, in whole or in part or in a timely or satisfactory manner, constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Grantee, or the appointment of a receiver or similar officer for Grantee or any of its property, which is not vacated or fully stayed within 20 days after the institution or occurrence thereof, shall also constitute a breach.

Defined. In addition to any breaches specified in other sections of this Grant, the failure of either Party to perform any of its material obligations hereunder, hereunder in whole or in part or in a timely or satisfactory manner, constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Grantee, or the appointment of a receiver or similar officer for Grantee or any of its property, which is not vacated or fully stayed within 20 days after the institution or occurrence thereof, shall also constitute a breach.

Defined. In addition to any breaches specified in other sections of this GrantLease, the failure of either Party to perform any of its material obligations hereunder, hereunder in whole or in part or in a timely or satisfactory manner, manner constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against GranteeLessor, or the appointment of a receiver or similar officer for Grantee Lessor or any of its property, which is not vacated or fully stayed within 20 days after the institution or occurrence thereof, shall also constitute a breach.

Defined. In addition to any breaches specified in other sections of this GrantContract, the failure of either Party to perform any of its material obligations hereunder, hereunder in whole or in part or in a timely or satisfactory manner, manner constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization reorganization, or similar law, by or against GranteeContractor, or the appointment of a receiver or similar officer for Grantee Contractor or any of its property, which is not vacated or fully stayed within 20 twenty (20) days after the institution or occurrence thereof, shall also constitute a breach.

Defined. In addition to any breaches specified in other sections of this GrantPrice Agreement, the failure of either Party to perform any of its material obligations hereunder, in whole or in part or in a timely or satisfactory manner, constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against GranteeContractor, or the appointment of a receiver or similar officer for Grantee Contractor or any of its property, which is not vacated or fully stayed within 20 days after the institution or occurrence thereof, shall also constitute a breach.

Defined. In addition to any breaches specified in other sections of this GrantContract, the failure of either Party to perform any of its material obligations hereunder, in whole or in part or in a timely or satisfactory manner, constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against GranteeCOP, or the appointment of a receiver or similar officer for Grantee COP or any of its property, which is not vacated or fully stayed within 20 days after the institution or occurrence thereof, shall also constitute a breach.