Owner Event of Default. Owner shall be in default of its obligations pursuant to this Agreement upon the occurrence of any one or more events of default set forth below (each, an “Owner Event of Default”):
Owner Event of Default. The term shall have the meaning set forth in Section 20.4.
Owner Event of Default. The term “Owner Event of Default” has the meaning set forth in Section 14.1(b).
Owner Event of Default. Each of the following events shall constitute an event of default of Owner (“Owner Event of Default”) under this CCA:
Owner Event of Default. If the following constitutes gross negligence or willful misconduct by Owner (an “Owner Event of Default”): Owner breaches or violates any provision of this Agreement and does not cure or correct such breach or violation to the satisfaction of Broker within 15 days after delivery of written notice from Broker (or such longer period of time (not to exceed 75 days) as reasonably may be necessary to cure if such breach or violation is of such a nature as to require more than 15 days to cure and provided Owner commences curing such breach or violation within fifteen 15 days after delivery of the aforesaid notice and proceeds to diligently cure same). Subject to Section 2.1.3, this section shall not limit Broker’s right to file a lawsuit against Owner in the event Owner breaches this Agreement.
Owner Event of Default. The following actions or events shall constitute an “Owner Event of Default” under this Agreement:
Owner Event of Default as defined in Section 10.02.1. Double Tree Resort by Hiltxx Xxxxxx Xxxch Oceanfront - MA
Owner Event of Default. Owner shall be in default if any of the following occurs (each, an "Owner Event of Default"): Double Tree Resort by Hiltxx Xxxxxx Xxxch Oceanfront - MA
Owner Event of Default. The occurrence of any of the following shall constitute an "Owner Events of Default":
Owner Event of Default. Owner shall be in default of its obligations pursuant to this Agreement upon the occurrence of any one or more events of default set forth below (each, an “Owner Event of Default”): Owner becomes insolvent, generally does not pay its debts as they become due, admits in writing its inability to pay its debts, or makes a general assignment for the benefit of creditors, or Owner commences any case, proceeding or other action seeking reorganization or receivership, or adopts an arrangement with creditors, under any bankruptcy, insolvency, reorganization or similar law of the United States or any state thereof for the relief of creditors or affecting the rights or remedies of creditors generally; insolvency, receivership, reorganization, or bankruptcy or similar proceedings are commenced against Owner and such proceeding shall remain undismissed or unstayed for a period of thirty (30) days; any material representation or warranty made by Owner herein was materially false or misleading when made, Owner fails to remedy such materially false or misleading representation or warranty and to make Contractor whole for any consequences thereof within thirty (30) days after Owner receives a Notice from Contractor with respect thereto, except such thirty (30) day limit shall be extended if: (i) curing such failure reasonably requires more than thirty (30) days; (ii) Owner commences such cure within such thirty (30) day period and diligently prosecutes such cure; and (iii) such cure is accomplished within sixty (60) days after the date on which Owner receives a Notice from Contractor with respect thereto; Owner fails to perform or observe any provision of this Agreement providing for the payment of money to Contractor, except for any disputed amounts, and such failure continues for ten (10) days after Owner has received a Notice from Contractor; or Owner fails to perform any material provision of this Agreement not otherwise addressed in this Section 19.3, and such failure continues for (30) days, except such thirty (30) day limit shall be extended if: (i) curing such failure reasonably requires more than thirty (30) days; (ii) Owner commences such cure within such thirty (30) day period and diligently prosecutes such cure; and (iii) such cure is accomplished within sixty (60) days, in each case after the date on which Owner first receives a Notice from Contractor with respect thereto; Owner fails to maintain any insurance coverages required of it in accordance with Artic...
