Failure to Commence Operations Sample Clauses

Failure to Commence Operations. Should Commencement of Operations not occur by 31 December 2014.
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Failure to Commence Operations. If you fail to commence operation of the Licensed Store within 1 80 days after the execution of this Agreement, we will also have the right to terminate this Agreement effective upon delivery of notice of termination to you. No refund of the initial franchise fee will be made in these circumstances.

Related to Failure to Commence Operations

  • Lenders’ Failure to Perform All Advances (other than Swing Loans and Agent Advances) shall be made by the Lenders contemporaneously and in accordance with their Pro Rata Shares. It is understood that (i) no Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Advance (or other extension of credit) hereunder, nor shall any Commitment of any Lender be increased or decreased as a result of any failure by any other Lender to perform its obligations hereunder, and (ii) no failure by any Lender to perform its obligations hereunder shall excuse any other Lender from its obligations hereunder.

  • Failure to Pay The Borrower fails to make a payment under this Agreement when due.

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