Notification of termination or breach of representation Sample Clauses

Notification of termination or breach of representation. The Account Bank will notify each Security Trustee, the Issuer, ParentCo and the Cash Administrator immediately upon becoming aware if, at any time before this Agreement is terminated in accordance with clause 10 (Termination and Resignation of Account Bank), any of the representations and warranties contained in clause 15 (Account Bank Representations and Warranties) ceases to be true.
Sample 1Sample 2
AutoNDA by SimpleDocs
Notification of termination or breach of representation. The Issuer Account Bank will notify the Issuer Security Trustee as soon as reasonably practicable upon becoming aware if, at any time before this Agreement is terminated in accordance with Clause 9 (Termination and Resignation of Issuer Account Bank), any of the representations and warranties contained in Clause 14 (Issuer Account Bank Representations and Warranties) cease to be true.
Sample 1
Notification of termination or breach of representation. The Borrower Standstill Cash Manager will notify the Borrower Security Trustee immediately if, at any time before this Agreement is terminated in accordance with paragraph 19 (Termination and Resignation of Borrower Standstill Cash Manager) of this Schedule 8, any of the representations and warranties contained in paragraph 22 (Borrower Standstill Cash Manager Representations and Warranties) of this Schedule 8 cease to be true.
Sample 1
Notification of termination or breach of representation. The DSRA Account Bank will notify the Issuer and the Security Agent immediately upon becoming aware if, at any time before this Agreement is terminated in accordance with Clause 10 (Termination and Resignation of DSRA Account Bank), any of the representations and warranties contained in Clause 16 (DSRA Account Bank Representations and Warranties) cease to be true.
Sample 1
Notification of termination or breach of representation. The Electronic Payments Account Bank will notify the Issuer and the Security Agent immediately upon becoming aware if, at any time before this Agreement is terminated in accordance with Clause 10 (Termination and Resignation of the Electronic Payments Account Bank), any of the representations and warranties contained in Clause 16 (Electronic Payments Account Bank Representations and Warranties) cease to be true.
Sample 1

Related to Notification of termination or breach of representation

  • FALSE STATEMENTS; BREACH OF REPRESENTATIONS The Parties acknowledge that this Agreement has been negotiated, and is being executed, in reliance upon the information contained in the Application, and any supplements or amendments thereto, without which the Comptroller would not have approved this Agreement and the District would not have executed this Agreement. By signature to this Agreement, the Applicant:

  • Remedies for Breach of Obligation of Confidentiality Each party acknowledges that breach of its obligation of confidentiality may give rise to irreparable injury to the other party, which damage may be inadequately compensable in the form of monetary damages. Accordingly, a party may seek and obtain injunctive relief against the breach or threatened breach of the foregoing undertakings, in addition to any other legal remedies which may be available, to include, in the case of the State, at the sole election of the State, the immediate termination, without liability to the State, of this Contract or any Statement of Work corresponding to the breach or threatened breach.

  • Termination for Breach of Contract 1. Except as provided in PSC-6, if CONTRACTOR fails to perform any of the provisions of this Contract or so fails to make progress as to endanger timely performance of this Contract, CITY may give CONTRACTOR written notice of the default. CITY’S default notice will indicate whether the default may be cured and the time period to cure the default to the sole satisfaction of CITY. Additionally, CITY’S default notice may offer CONTRACTOR an opportunity to provide CITY with a plan to cure the default, which shall be submitted to CITY within the time period allowed by CITY. At CITY’S sole discretion, CITY may accept or reject CONTRACTOR’S plan. If the default cannot be cured or if CONTRACTOR fails to cure within the period allowed by CITY, then CITY may terminate this Contract due to CONTRACTOR’S breach of this Contract.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!