Supplier Defaults. Boeing shall notify Customer in a timely manner in the event of a default by a Supplier under the Supplier's contract with Boeing. Within 15 days of Customer's receipt of such notification, Boeing and Customer shall agree through negotiations on an alternative Supplier or other course of action. If Boeing and Customer are unable to agree on an alternative Supplier or course of action within such time, the remedies available to Boeing in Paragraph 6 shall apply.
Supplier Defaults. The occurrence of any one or more of the following events shall constitute an event of default by Supplier hereunder (a “Supplier Event of Default”):
18.1.1 Supplier fails to pay to Buyer any payment required under this Agreement which is not in dispute, and such failure continues for ten (10) days after receipt of Written Notice of such failure;
18.1.2 Any representation or warranty of Supplier contained in this Agreement shall prove to be false or misleading at the time such representation or warranty is made and has a material adverse effect on either Party’s ability to perform its obligations hereunder, and such false or misleading representation or warranty and material adverse effect continues uncured for thirty (30) days after receipt of Written Notice from Buyer;
18.1.3 Supplier or Supplier Parent voluntarily commences bankruptcy, insolvency, reorganization, stay, moratorium or similar debtor-relief proceedings, or shall have become insolvent or generally does not pay its debts as they become due, or admits in writing its inability to pay its debts, or makes an assignment for the benefit of creditors and, with respect to Supplier Parent, Supplier has not delivered to Buyer another guaranty, bank bond or a letter of credit in a form reasonably acceptable to Buyer to replace the Supplier Parent Guaranty;
18.1.4 Insolvency, receivership, reorganization, bankruptcy, or similar proceedings shall have been commenced against Supplier or Supplier Parent and such proceedings remain undismissed or unstayed for a period of ninety (90) days and, with respect to Supplier Parent, Supplier has not delivered to Buyer another guaranty, bank bond or a letter of credit in a form reasonably acceptable to Buyer to replace the Supplier Parent Guaranty;
18.1.5 Supplier Parent disavows its obligations under the Supplier Parent Guaranty or Supplier fails to cause the Supplier Parent Guaranty to be maintained in full force and effect in accordance with its terms and such disavowal or failure continues for ten (10) days after receipt of Written Notice of such disavowal or failure and Supplier has not delivered to Buyer another guaranty, bank bond or a letter of credit in a form reasonably acceptable to Buyer to replace the Supplier Parent Guaranty; or
18.1.6 Except as otherwise expressly provided for in this Section , Supplier is in material breach of its obligations under this Agreement (other than obligations for which liquidated damages are available therefor) and such ma...
Supplier Defaults. Boeing will notify Customer in a timely manner in the event of a default by a Supplier under the Supplier's purchase order with Boeing. *** of Customer's receipt of such notification, Boeing and Customer will agree on an alternate Supplier or other course of action. If Boeing and Customer are unable to agree on an alternate Supplier or course of action within such time, the remedies available to Boeing in paragraph 6 will apply.
Supplier Defaults. The occurrence of any one or more of the following events shall constitute an event of default by Supplier hereunder (a “Supplier Event of Default”):
(a) Supplier fails to pay to Buyer any payment required under this Agreement (which is not subject to a good faith dispute) when due, and such failure continues for ten (10) Business Days after receipt of written notice of such failure;
(b) Supplier voluntarily commences bankruptcy, insolvency, reorganization, stay, moratorium or similar debtor-relief proceedings, or shall have become insolvent or generally does not pay its debts as they become due, or admits in writing its inability to pay its debts, or makes an assignment for the benefit of creditors;
(c) Insolvency, receivership, reorganization, bankruptcy, or similar proceedings shall have been commenced against Supplier and such proceedings remain undismissed or unstayed for a period of ninety (90) days;
(d) Supplier fails to deliver Equipment by the date upon which Supplier exhausts its liability for liquidated damages for delayed deliveries under Section 5.3; or
(e) Except as otherwise expressly provided for in this Section 14.1, Supplier is in material breach of its obligations under this Agreement and such material breach continues uncured for sixty (60) days after receipt of written notice from Buyer.
Supplier Defaults. The occurrence of any one or more of the following events shall constitute an event of default by Supplier hereunder (a “Supplier Event of Default”):
Supplier Defaults. 4.1 Boeing and Customer agree to follow the sequential steps identified in this Section 4 to [****]:
4.1.1 Boeing shall [****] with Boeing. AAL-PA-3219-LA-1302236 SA-5 [****] LA Page 3 BOEING PROPRIETARY
4.1.2 Within [****], Boeing and Customer shall [****] or other course of action.
4.2 If Boeing and Customer are [****] on an alternate [****] or course of action within such time, the [****] to Boeing in Section 6 shall apply.
Supplier Defaults. The following events shall be defaults of Supplier (each, a “Supplier Default”):
(a) Supplier is Bankrupt;
(b) Supplier breaches any material term of this Agreement and such breach remains uncured for sixty (60) days after Host’s notice to Supplier of such breach, if curable within sixty (60) days, or Supplier fails to commence and pursue diligently a cure to such breach within sixty (60) days of receiving such notice if a longer cure period is needed, and, in any event, fails to cure within ninety (90) days of receiving such notice; or
(c) Supplier fails to achieve Commercial Operation by the date in the schedule as proposed in Exhibit B, unless the Parties agree to an extension thereof.
Supplier Defaults. (a) A "Supplier Contract Default" in respect of any Contract shall ------------------------- have occurred if Supplier shall be in material breach of any of its representations, warranties, agreements or covenants contained in this Agreement in respect of such Contract, and such breach (i) shall continue beyond the earlier of thirty (30) days and the cure period set forth in such Contract after the giving of written notice thereof to Supplier and (ii) shall not be the result of any act or omission of Company.
Supplier Defaults. 4.1 Boeing and Customer agree to follow the sequential steps identified in this Section 4 to [*CTR]:
4.1.1 Boeing shall [*CTR] with Boeing. AAL-PA-3219-LA-1302236 SA-5 BOEING PROPRIETARY [*CTR]=[CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]
4.1.2 Within [*CTR], Boeing and Customer shall [*CTR] or other course of action.
4.2 If Boeing and Customer are [*CTR] on an alternate [*CTR] or course of action within such time, the [*CTR] to Boeing in Section 6 shall apply.
Supplier Defaults. 11.1 Suppliers must abide by all written communication (agreements), the Terms and Conditions hereto, the Consumer’s Act and/or all other legal obligations within the agreed time frames, quality assurances, warranties, latest written pricing and Product details, written communication for custom requests and all reasonable written communication.
11.2 In unforeseeable circumstances where errors have occurred owing to the Supplier, it is solely their responsibility to rectify such errors and incur all costs pertain hereto.
