Events of Default (a) Events of Default Sample Clauses

Events of Default (a) Events of Default. In relation to either Party, each of the following shall constitute an event of default (“Event of Default”): (i) a Party does not pay and/or prepay (as applicable) on the due date in accordance with Section 7.4 and/or the applicable Confirmation and Seller’s prepayment invoice and in the currency in which it is expressed to be payable any amount payable by it under an Agreement and such non-payment is not remedied within five (5) Business Days after the due date; (ii) a Party fails to perform or comply with its obligation to provide Buyer’s Facilities, LNG Vessel and/or Seller’s Facilities in accordance with Exhibit B or C (as applicable) and such failure continues unremedied for a period of fifteen (15) days following receipt of written notice of such default from the other Party; provided, however, that such an Event of Default shall not occur where such failure is during a period of Force Majeure.
AutoNDA by SimpleDocs

Related to Events of Default (a) Events of Default

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

  • Events of Default, Etc During the period during which an Event of Default shall have occurred and be continuing:

  • Other Events of Default Notwithstanding anything to the contrary herein, if the Company elects to pay Special Interest with respect to any Reporting Event of Default, the Company’s election will not affect the rights of the Holder with respect to any other Event of Default, including with respect to any other Reporting Event of Default; provided, that, for the avoidance of doubt, in no event will the Company be obligated to pay Special Interest at a rate greater than 0.50% per annum on the principal amount of this Note.

  • Additional Events of Default The parties hereto acknowledge, confirm and agree that the failure of Borrower or any Guarantor to comply with any of the covenants, conditions and agreements contained herein or in any other agreement, document or instrument at any time executed by Borrower or any Guarantor in connection herewith shall constitute an Event of Default under the Financing Agreements.

  • Events of Defaults If one or more of the following events ("Events of Default") shall have occurred and be continuing:

  • Events of Default; Acceleration If any of the following events ("Events of Default") shall occur:

  • Lease Events of Default The following events shall constitute Lease Events of Default hereunder (whether any such event shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) and each such Lease Event of Default shall be deemed to exist and continue so long as, but only as long as, it shall not have been remedied:

  • Notice of Events of Default or Unmatured Events of Default A statement of a Financial Officer of the Servicer setting forth details of any Event of Default or Unmatured Event of Default that has occurred and is continuing and the action which the Servicer proposes to take with respect thereto.

  • Events of Default; Notice (a) The Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities and the Guarantor, notices of all Events of Default actually known to a Responsible Officer of the Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided, however, that the Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders of the Capital Securities.

  • No Events of Default No Event of Default has occurred and is continuing nor has any event occurred which, with the giving of notice or the passage of time, or both, would constitute an Event of Default.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!