Common use of Notice By Supplier Clause in Contracts

Notice By Supplier. Supplier may give Tesla notice of default of this Agreement, if (1) Tesla materially breaches Section 8, 11, or 26(a) of this Agreement; (2) Tesla anticipatorily repudiates Section 8, 11, or 26(a) of this Agreement and fails to provide adequate assurance to Supplier of Tesla’s future performance; or (3) Tesla becomes insolvent, files a petition for relief under any bankruptcy, insolvency or similar law, or makes an assignment for the benefit of its creditors.

Appears in 9 contracts

Samples: Supply Agreement, Supply Agreement (Tesla Motors Inc), Supply Agreement (Tesla Motors Inc)

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