Events of CRA Default Sample Clauses

Events of CRA Default. The following event is hereby defined as an “Event of CRA Default”: The failure of the CRA to perform any of the covenants, conditions and agreements of this Lease which are to be performed by the CRA and the continuance of such failure for a period of thirty (30) days after written notice thereof from Developer to the CRA (which notice shall specify the respects in which Developer contends that the CRA has failed to perform any of such covenants, conditions and agreements) and unless such Event of CRA Default, by its nature, cannot be cured within the thirty (30) day period, such additional time as may reasonably be required to cure same (not to exceed one hundred fifty (150) days), provided the CRA commences the curative action within such thirty (30) day period and shall continue diligently to prosecute all actions necessary to cure such Event of CRA Default until completion but in no event beyond one hundred fifty (150) days after receipt of notice of default from Developer.
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Related to Events of CRA Default

  • Events of Default Any of the following shall constitute an Event of Default:

  • Events of Default by Seller In addition to the Events of Default described in Section 9.1, each of the following shall constitute an Event of Default by Seller hereunder:

  • Train Operator Events of Default The following are Train Operator Events of Default:

  • Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):

  • Notice of Events of Default The Issuer shall give a Responsible Officer of the Indenture Trustee and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

  • 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:

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

  • Developer Event of Default Any of the following events shall constitute an event of default by the Developer ("Developer Event of Default") unless such event has occurred as a result of a Force Majeure Event or the Authority Event of Default or any governmental action for reasons other than any breach, default or lapse on the part of the Developer:

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

  • Events of Default and Remedies Section 8.01

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