events of default and breach of contract Sample Clauses

events of default and breach of contract. 1. Since this contract comes into force, the financer and the guarantor shall perform the obligations as agreed in the contract, any one party fails to perform or not completely fulfill the obligation of this contract, shall bear the corresponding liability for breach of contract.
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events of default and breach of contract. SECTION A DEFAULT BY SELLER SELLER shall be in default under this AGREEMENT up on the happening or occurrence of any of the following events or conditions, each of which shall be deemed to be an "Event of Default," and each of which shall be considered a breach of contract for purposes of this AGREEMENT unless (i) it is cured in accordance with the provisions specified below, and (ii) SELLER compensates PSE&G for any direct damages which PSE&G suffers as a result of such default.
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events of default and breach of contract. SECTION A
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events of default and breach of contract. 59 Section A - Default by VENTURE................... 59 Section B - Default by PSE&G..................... 61 Section C - Remedies............................. 63 ARTICLE XVII ARBITRATION...................................... 65
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events of default and breach of contract. 27 Section A Events of Default..............................................27
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events of default and breach of contract. 27 Section A Default by Seller ................................................ 27 Section B Default by PSE&G ................................................. 29
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events of default and breach of contract. 100 Section A Default by SELLER...............................100 Section B Default by PSE&G................................103 Section C Remedies........................................105 ARTICLE XXV ARBITRATION...............................................106 ARTICLE XXVI SPECIFIC PERFORMANCE......................................110 ARTICLE XXVII ENTIRE AGREEMENT..........................................111 ARTICLE XXVIII ASSIGNMENT/TRANSFER.......................................111
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Related to events of default and breach of contract

  • Events of Default and Remedies Section 8.01

  • Waiver of Events of Default The Holders representing at least 66% of the Voting Rights affected by a default or Event of Default hereunder may waive such default or Event of Default; provided, however, that (a) a default or Event of Default under clause (i) of Section 7.01 may be waived only by all of the Holders of Certificates affected by such default or Event of Default and (b) no waiver pursuant to this Section 7.04 shall affect the Holders of Certificates in the manner set forth in Section 11.01(b)(i) or (ii). Upon any such waiver of a default or Event of Default by the Holders representing the requisite percentage of Voting Rights affected by such default or Event of Default, such default or Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. No such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon except to the extent expressly so waived.

  • Events of Default Remedies If any of the following events (“Events of Default”) shall occur:

  • Waiver of Defaults and Events of Default (a) The Noteholders of a majority of the Note Balance of the Controlling Class may waive any Default or Event of Default, except an Event of Default (i) in the payment of principal of or interest on any of the Notes (other than an Event of Default relating to failure to pay principal due only by reason of acceleration) or (ii) in respect of a covenant or provision of this Indenture that cannot be amended, supplemented or modified without the consent of all Noteholders.

  • Events of Default and Termination Events (i) The following provisions of Section 5 will not apply to either Party A or Party B: Section 5(a)(ii) Section 5(a)(iii) Section 5(a)(iv) Section 5(a)(v) Section 5(a)(vi) Section 5(b)(iii) Section 5(b)(iv)

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

  • 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.

  • Events of Default; Waiver The Holders of a Majority in liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Preferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

  • 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.

  • 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.

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