RISK; TITLE; DEFAULT; SECURITY Sample Clauses

RISK; TITLE; DEFAULT; SECURITY. Vendor may insure the Goods for its own and Customer’s interest at Customer’s cost. The title to Goods, free and clear of all liens, hypothecs, claims and encumbrances of any kind (“Liens”), vests in Customer upon full payment of the Purchase Price thereof and all other amounts due under the Agreement. Until receipt of full payment or upon the occurrence of an Event of Default, Vendor may, in its sole discretion, at any time:
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RISK; TITLE; DEFAULT; SECURITY. Risk transfers to Buyer upon shipment of the Goods from Vendor’s facility. Vendor may insure the Goods for its own and Xxxxx’s interest at Xxxxx’s cost. The title to Goods, free and clear of all liens, hypothecs, claims and encumbrances of any kind (“Liens”), vests in Buyer upon full payment of the purchase price thereof and all other amounts due under the Agreement. Until receipt of full payment or upon the occurrence of an Event of Default, Vendor may, in its sole discretion, at any time:
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Related to RISK; TITLE; DEFAULT; SECURITY

  • Tender Security 18.1 The Tenderer shall furnish as part of its Tender, either a Tender-Securing Declaration or a Tender Security, as specified in the TDS, in original form and, in the case of a Tender Security, in the amount and currency specified in the TDS.

  • Default Notice As soon as possible and in any event within two days after the occurrence of each Default or any event, development or occurrence reasonably likely to have a Material Adverse Effect continuing on the date of such statement, a statement of the chief financial officer of the Borrower setting forth details of such Default and the action that the Borrower has taken and proposes to take with respect thereto.

  • Owner Default Failure of the Owner, which has not been remedied or waived, to pay the Contractor as required under the Construction Contract or to perform and complete or comply with the other material terms of the Construction Contract.

  • Termination; Default If Contractor is in default of any of its obligations under this Contract and has not commenced cure within ten days after receipt of a written notice of default from County and cured such default within the time specified in the notice, the County shall immediately be entitled to either commence resolution in accordance with this paragraph or to terminate this Contract by giving written notice to take effect immediately. Default shall include failure to carry out any of the requirements of this Contract, including, but not limited to not providing enough properly skilled workers or proper materials, persistently disregarding laws and or ordinances, not proceeding with the work as agreed to herein, or otherwise substantially violating any provision of this Contract. Upon termination of the Contract with Contractor, the County may begin negotiations with a third-party Contractor to provide goods and/or services as specified in this Contract. The right of either party to terminate this Contract hereunder shall not be affected in any way by its waiver of or failure to take action with respect to any previous default.

  • Developer Default Each of the following shall be an Event of Default by Developer:

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