Default Termination a. In the event that the Property has been sold contrary to or any person bids in contravention of the provisions in Clause 4 above, then such sale shall be cancelled and become null and void and of no further effect wherein all monies paid by the Purchaser hitherto including the Deposit shall be forfeited absolutely and immediately.
Events of Default Any of the following shall constitute an Event of Default:
Events of Default and Termination 13.1 If:
Events of Default Defined The following shall each constitute an "Event of Default" hereunder:
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:
Events of Default by Either Party It shall constitute an event of default (“Event of Default”) by either Party hereunder if:
Train Operator Events of Default The following are Train Operator Events of Default:
Termination due to Event of Default (a) Termination due to Parties Event of Default
Default Events and Termination 18.1 Each of the following circumstances shall constitute a General Default:
Termination of Default An Event of Default shall be deemed to have been terminated upon the earliest to occur of: