Failure to Achieve Financial Close Sample Clauses

Failure to Achieve Financial Close. 6.3.1. The failure to achieve Financial Close by the Financial Close Deadline due to the failure of the Construction Contractor to perform its obligations under this Part 2, Section 6 shall be considered a Construction Contractor Default.
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Failure to Achieve Financial Close. 6.3.1. The failure to achieve Financial Close by the Financial Close Deadline due to the failure of the O&M Contractor to perform its obligations under this Part 2, Section 6 shall be considered an O&M Contractor Default (for which the Developer may give notice and terminate this Agreement.
Failure to Achieve Financial Close 

Related to Failure to Achieve Financial Close

  • Failure to Maintain Financial Viability The System Agency may terminate the Grant Agreement if the System Agency, in its sole discretion, determines that Grantee no longer maintains the financial viability required to complete the services and deliverables, or otherwise fully perform its responsibilities under the Grant Agreement.

  • Failure to Close (A) If Seller(s) fails to convey the property as provided in this contract: Buyer(s) may exercise legal remedies including suit for specific performances or damages. Agent may xxx Xxxxxx(s) to recover loss of commission. Agent may pay Xxxxxxx Money into a court of competent jurisdiction, or retain Xxxxxxx Money until directed to distribute the same by a court of competent jurisdiction.

  • Reports of unusual occurrence The Contractor shall, during the Maintenance Period, prior to the close of each day, send to the Authority and the Authority’s Engineer, by facsimile or e- mail, a report stating accidents and unusual occurrences on the Project Highway relating to the safety and security of the Users and Project Highway. A monthly summary of such reports shall also be sent within 3 (three) business days of the closing of month. For the purposes of this Clause 15.4, accidents and unusual occurrences on the Project Highway shall include:

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