Due to Default Sample Clauses

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Due to Default. In the event that Lilly refuses or is unable or unwilling to supply Product to JMED as required under this Agreement due to reasons not constituting Force Majeure, then JMED shall be entitled to pursue all of its rights and remedies available under this Agreement, and in addition, during the period of such failure to supply Product, JMED may defer any payments due and owing by JMED to Lilly pursuant to this Agreement, or the Licensing Agreement until such time as Lilly resumes supplying Product to JMED as required in this Agreement.
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Related to Due to Default

  • No Default or Event of Default No Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the Extension of Credit to be made on such date unless such Default or Event of Default shall have been waived in accordance with this Agreement.

  • No Default, etc No Default, Event of Default or Material Adverse Change has occurred and is continuing.

  • No Default No Default or Event of Default has occurred and is continuing.

  • No Existing Default No Default or Event of Default shall have occurred and be continuing (i) on the borrowing, continuation or conversion date with respect to such Loan or after giving effect to the Loans to be made, continued or converted on such date or (ii) on the issuance or extension date with respect to such Letter of Credit or after giving effect to the issuance or extension of such Letter of Credit on such date.

  • Action if Other Event of Default If any Event of Default (other than any Event of Default described in clauses (b) through (d) of Section 8.1.5 with respect to the Borrower) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Facility Agent, upon the direction of the Required Lenders, shall by notice to the Borrower declare all of the outstanding principal amount of the Loan and other Obligations to be due and payable and/or the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of the Loan and other Obligations shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate.