Failure to fulfill obligations. 10.1. Each of the following constitutes an instance of failure to fulfill obligations:
a. «Client’s» failure to provide any amount due under the Regulations;
Failure to fulfill obligations. Each one of the terms and conditions of this contract is of the essence of this agreement and necessary for the performance contracted hereunder. In the event Purchaser refuses or neglects to provide any of the items herein stated, and/or fails to make any of the payments as provided herein, Artist shall have the right to refuse to perform and retain any amounts paid to Artist by Xxxxxxxxx and Purchaser will remain liable to Artist for the full performance fee. Additionally, if Purchaser’s financial standing or credit becomes impaired at any time prior to the date of the Event, Artist shall have the right to demand payment of the full contract fee prior to performing. If Xxxxxxxxx refuses or is unable to pay, Artist shall have the right to cancel this engagement by notice to Purchaser and shall retain all amounts paid to Artist by Purchaser without recourse.
Failure to fulfill obligations. Failure, for any reason, of Subrecipient to fulfill, in a timely and proper manner, its obligations under this Agreement;
Failure to fulfill obligations. Subject to section 13.1(f), the failure of either Party to fulfill any of its obligations under the Agreement shall not be considered to be a breach of, or Event of Default under, the Agreement to the extent that such failure to fulfill the obligation arose from an event of Force Majeure, if the Party affected by such an event has taken all reasonable precautions, due care and reasonable alternative measures, all with the objective of carrying out the terms and conditions of the Agreement.
Failure to fulfill obligations. If a party fails to provide such indemnification obligations in whole or in part, within thirty (30) days following written notice, the Indemnitees may claim interest on such indemnification obligations at a rate of six percent (6%) per annum from the date of notice by the Indemnitee.
Failure to fulfill obligations. If the Fund finds that a participant has failed to fulfill its obligations under Article XIX, Section 4, the right of the participant to use its special drawing rights shall be suspended unless the Fund otherwise decides.
Failure to fulfill obligations. Notwithstanding the provisions contained in paragraphs (b) and (c) of this Section 1.08, if the Company does not fulfill its obligations under Sections 1.02 and 1.03 solely as a result of any failure by the Company to use its commercially reasonable efforts to perform the actions which it is required to perform thereunder, or a wrongful refusal by the Company to comply with any material term or fulfill any material condition which is applicable to it thereunder, the Company agrees in that event to reimburse the Partnership for any Registration Expenses reimbursed or reasonably incurred by it, as the case may be, in connection therewith.
Failure to fulfill obligations a) In the event , (Church Name, City, State) refuses or neglects to provide any of the items stated or fails to make any of the payments, Life Institute shall have the right to refuse to fulfill this contract and the , (Church Name, City, State) shall remain responsible for all incurred expenses to Life Institute.
Failure to fulfill obligations. 10.1. Each of the following constitutes an instance of failure to fulfill obligations:
a) Client’s failure to fulfill any obligation due to the Company;
b) the initiation of proceedings by a third party for the Client’s bankruptcy (if the Client is an individual) or for the company's liquidation (if the Client is a legal entity), or for the appointment of an administrator or receiver in respect of the Client or any of the Client’s assets (if the Client is a legal entity), or (in both cases) if the Client makes a contract or an arrangement with their creditors concerning the settlement of their debt or any other analogous procedure is initiated regarding the Client;
c) any representation or warranty made by the Client in clause 11 is or becomes false;
d) if the Client dies or becomes legally incompetent;
e) any other circumstance where the Company reasonably believes that it is necessary or desirable to take any action set out in clause 10.2.
10.2. If an instance of failure to fulfill obligations occurs in relation to the Client’s, the Company may, at its sole discretion, at any time and without prior written notice, take one or more of the following steps:
a) close out all or any of the Client’s open positions at the current quote;
b) close any or all of the Client’s accounts held within the Company;
c) refuse to open new accounts under the Client's name.
Failure to fulfill obligations. 10.1. Each of the following constitutes an instance of failure to fulfill obligations:
a. Client’s failure to provide any amount due under the Regulations;
b. Client’s failure to fulfill any obligation due to the Company;
c. the initiation of proceedings by a third party for the Client’s bankruptcy (if the Client is an individual) or for the company's liquidation (if the Client is a legal entity), or for the appointment of an administrator or receiver in respect of the Client or any of the Client’s assets (if the Client is a legal entity), or (in both cases) if the Client makes a contract or an arrangement with their creditors concerning the settlement of their debt or any other analogous procedure is initiated regarding the Client;
d. any representation or warranty made by the Client in clause 11 is or becomes false;
e. Client's inability to pay debts when they fall due;
f. if the Client dies or becomes legally incompetent; and
g. any other circumstance where the Company reasonably believes that it is necessary or desirable to take any action set out in clause 10.2.
10.2. If an instance of failure to fulfill obligations occurs in relation to the Client’s, the Company may, at its sole discretion, at any time and without prior written notice, take one or more of the following steps:
a. close out all or any of the Client’s open positions at the current quote;
b. debit the Client’s account for amounts owed to the Company;
c. close any or all of the Client’s accounts held within the Company;
d. refuse to open new accounts under the Client's name.
