Licensee Events of Default. Following shall be considered Material Breach of the Contract by Licensee resulting in Licensee’s Events of Default :-
17.1.1. If the Licensee is found guilty of persistently breaching negative list of advertising and “Factors Governing Advertising Selection as stipulated in this Agreement.
17.1.2. If at any time during the subsistence of the License Agreement, there is non-conformity to the License Agreement or any time during the License Agreement, the Licensee indicates its unwillingness to abide by any clause of this License Agreement or repudiates the Agreement.
17.1.3. If the Licensee fails to pay License Fee or other amounts due to Maha-Metro and continues to be in default for more than 90 days. Even non-payment of one-month License Fee will be considered an Event of Default.
Licensee Events of Default. Following shall be considered Material Breach of the Contract by Licensee resulting in Licensee’s Events of Default:-
15.1.1 If the Licensee is found guilty of persistently breaching negative list of advertising and “Factors Governing Advertising Selection as stipulated in this Agreement.
15.1.2 If at any time during the subsistence of the License Agreement, there is non- conformity to the License Agreement or any time during the License Agreement, the Licensee indicates its unwillingness to abide by any clause of this License Agreement or repudiates the Agreement.
15.1.3 If the Licensee fails to pay License Fee or other amounts due to DMRC.
15.1.4 If the Licensee is in persistent non-compliance of the written instructions of a DMRC officials.
15.1.5 If the Licensee or any of its representatives cause an incident or accident that results in injury or death to DMRC employees/ commuters or loss to DMRC property.
15.1.6 If Licensee is in violation of any of the other Clauses of this Agreement and after three written notice from DMRC fails to cure the Default to the satisfaction of DMRC.
Licensee Events of Default. The occurrence of the following will be deemed an Event of Default by Licensee under this Agreement: (a) Licensee fails to observe or perform its obligations contained in this Agreement in any material respect; or (b) Licensee breaches the representations and warranties made by it under this Agreement in any material respect.
Licensee Events of Default. This Contract may be terminated by ORBCOMM at any time after the occurrence of any of the following events of default:
(i) Licensee shall fail to pay any amount due under this Contract within [CONFIDENTIAL TREATMENT] days after receipt of notice from ORBCOMM that such amount is due;
(ii) Licensee shall fail to observe or perform any of its obligations under this
(iii) ORBCOMM shall have terminated the Service License Agreement pursuant to Section 9(b)(ii) thereof.
Licensee Events of Default. This Contract may be terminated by ORBCOMM at any time after the occurrence of any of the following events of default:
(i) Licensee shall fail to pay any amount due under this Contract within [CONFIDENTIAL TREATMENT] days after receipt of notice from ORBCOMM that such amount is due;
(ii) Licensee shall fail to observe or perform any of its obligations under this Contract (other than breaches specified in Sections 8(b)(i)), and such failure shall remain uncured for a period of [CONFIDENTIAL TREATMENT] days after receipt by Licensee of written notice thereof; or
(iii) ORBCOMM shall have terminated the Service License Agreement pursuant to Section 9(b)(ii) thereof.
Licensee Events of Default. Following shall be considered Material Breach of the Contract by Licensee resulting in Licensee’s Events of Default :-
14.1.1. If the Licensee is found guilty of persistently breaching negative list of advertising and “Factors Governing Advertising Selection as stipulated in this Agreement.
14.1.2. If at any time during the subsistence of this Agreement, there is non-conformity to this Agreement or any time during the existence of this Agreement, the Licensee indicates its unwillingness to abide by any clause of this License Agreement or repudiates this Agreement.
Licensee Events of Default. Following shall be considered Material Breach of the Contract by Licensee resulting in Licensee’s Events of Default :-
14.1.1. If the Licensee is found guilty of persistently breaching negative list of advertising and “Factors Governing Advertising Selection as stipulated in this Agreement.
14.1.2. If at any time during the subsistence of this Agreement, there is non-conformity to this Agreement or any time during the existence of this Agreement, the Licensee indicates its unwillingness to abide by any clause of this License Agreement or repudiates this Agreement.
14.1.3. If the Licensee fails to pay any amounts due to Maha-Metro and continues to be in default for more than 90 days.
14.1.4. If the Licensee is in persistent non-compliance of the written instructions of a MAHA-METRO officials.
14.1.5. If the Licensee or any of its representatives cause an incident or accident that results in injury or death to MAHA-METRO employees/ commuters or loss to MAHA-METRO property.
14.1.6. If Licensee is in violation of any of the other Clauses of this Agreement and after three written notice from MAHA-METRO fails to cure the Default to the satisfaction of MAHA-METRO.
14.1.7. If the Licensee during pendency of the License Agreement becomes insolvent or is put under receivership by a competent court.
14.1.8. If the Licensee submitted false undertaking regarding not blacklisting / ban on Licensee by Central/ State Government Department/ Public Sector Undertaking/ Other Government Entities or Local Body or termination of contract due to their non-performance after award of contract during last five (5) years.
Licensee Events of Default. The following shall, after the expiration of the applicable cure periods, constitute Events of Default by Licensee under this Agreement:
Licensee Events of Default. The occurrence of any one or more of the following events shall constitute an “Event of Default by Licensee” under this Agreement by Licensee:
(i) The failure by Licensee to make any payment of the Fee or any other payment required to be made by Licensee hereunder, as and when due, which failure continues for a period of ten (10) days following notice given by Licensor to Licensee.
(ii) Failure by Licensee to observe or perform any of the covenants, conditions or provisions of this Agreement to be observed or performed by Licensee, where such failure shall continue for a period of forty-five (45) days after notice thereof given by Licensor to Licensee. In the event the default cannot reasonably be cured within such forty-five (45) day period, Licensee shall not be in default if Agreement commences the cure within the forty-five (45) day period and thereafter diligently prosecutes the cure to completion. Notwithstanding the foregoing, if Licensor reasonably expects the default by Licensee to interfere with the regular operation of the Fiber Optic System, Licensee shall only be entitled to a notice of two (2) days to cure such default.
(A) The making by Licensee of any general arrangement or general assignment for the benefit of creditors; (B) Licensee becomes a debtor as defined in 11 U.S.C. 101 or any successor statute thereto (unless, in the case of a petition filed against Licensee, the same is dismissed within sixty (60) days); (C) the appointment of a trustee or receiver to take possession of substantially all of Licensee’s assets or of Licensee’s interest in this Agreement, where possession is not restored to Licensee within sixty (60) days; or (D) the attachment, execution or other judicial seizure of substantially all of Licensee’s assets or of Licensee’s interest in this Agreement, where such seizure is not discharged within sixty (60) days.
Licensee Events of Default. The occurrence of one or more by Licensee of the following shall constitute a material event of default under this License:
(1) Failure to pay the License Fee within ten (10) days of its due date, without notice from City;
(2) Failure to make any other payment required of Licensee hereunder, within ten
