Suspension of Manager when in Default Sample Clauses

Suspension of Manager when in Default. ‌ Where the Students’ Union is the Manager and a Default has occurred on the part of the Manager which has not been rectified within the applicable cure period (if such a cure period is available) and such Default is not disputed, or if disputed, there is a final determination that a Default has occurred on the part of the Manager pursuant to the provisions of Section 18.5, then the University shall have the right to suspend the Students’ Union as Manager and to itself take over management of the MacEwan Building. Transitional mechanics shall be dealt with in accordance with Subsections 7(d) and 7(e) of the Stakeholder Rights Agreement and the Transitional Arrangements. Where the Students’ Union has the continued legal capacity to act as the Manager in such circumstances, the transitional period shall be three (3) months (or such other time period as may be mutually agreed), but where there is an Incurable Default pursuant to the provisions of Section 18.1(c), (d), (e), (f) or (g), then the University shall immediately take over as Manager of the MacEwan Building and no transitional period shall be applicable. Where the Students’ Union is suspended as Manager, it is acknowledged, for clarity, that the balance of this Agreement, and specifically the provisions of Part D and Part E hereof, shall remain unaffected, except where otherwise specifically set forth herein. Where the Students’ Union is suspended as Manager of the MacEwan Building in accordance with the foregoing, the Students’ Union can only be reinstated as Manager of the MacEwan Building in accordance with the following:
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Related to Suspension of Manager when in Default

  • Suspension or Termination Upon Default Either Party may suspend or terminate this Agreement, in whole or in part, in the event of a Default by the other Party so long as the non-Defaulting Party notifies the Defaulting Party in writing of the Default and the Defaulting Party does not cure the Default within thirty (30) Days of receipt of the written notice, provided however, that any requirements for written notice and opportunity to cure with respect to the failure to make timely payment of undisputed charges shall be governed separately under Section 51. Following CenturyLink’s notice to CLEC of its Default, CenturyLink shall not be required to process new Service Orders until the Default is timely cured.

  • SUSPENSION & TERMINATION FOR DEFAULT Enterprise Services may suspend Contractor’s operations under this Master Contract immediately by written cure notice of any default. Suspension shall continue until the default is remedied to Enterprise Services’ reasonable satisfaction; Provided, however, that, if after thirty (30) days from such a suspension notice, Contractor remains in default, Enterprise Services may terminate Contractor’s rights under this Master Contract. All of Contractor’s obligations to Enterprise Services and Purchasers survive termination of Contractor’s rights under this Master Contract, until such obligations have been fulfilled.

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • Actions in Event of Breach Upon Contractor’s material breach, the Department may:  terminate this contract under Section 17.1 and pursue any of its remedies under this contract, at law, or in equity; or  treat this contract as materially breached and pursue any of its remedies under this contract, at law, or in equity. Upon the Department’s material breach, Contractor may:  terminate this contract under Section 17.2 and pursue any of its remedies under this contract, at law, or in equity; or  treat this contract as materially breached and, except as the remedy is limited in this contract, pursue any of its remedies under this contract, at law, or in equity.

  • Additional Event of Suspension Section 4.01. Pursuant to Section 6.02 (l) of the General Conditions, the following additional event is specified, namely, that a situation has arisen which shall make it improbable that the Program, or a significant part thereof, will be carried out.

  • Termination on Material Default 30.2.1 The Authority may terminate this Framework Agreement for material Default by issuing a Termination Notice to the Supplier where:

  • Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):

  • Suspension of obligations Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance to the other Party under the Agreement and the other Party has not exercised its rights under this Section 8, or, if "Adequate Assurances" is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement, the other Party may, at its election and without penalty, suspend its obligation to perform under the Agreement.

  • Suspension upon Concessionaire Default Upon occurrence of a Concessionaire Default, the Authority shall be entitled, without prejudice to its other rights and remedies under this Agreement including its rights of Termination hereunder, to (i) suspend all rights of the Concessionaire under this Agreement including the Concessionaire's right to collect charge(s), and other revenues pursuant hereto, and (ii) exercise such rights itself and perform the obligations hereunder or authorise any other person to exercise or perform the same on its behalf during such suspension (the "Suspension"). Suspension hereunder shall be effective forthwith upon issue of notice by the Authority to the Concessionaire and may extend up to a period not exceeding 180 (one hundred and eighty) days from the date of issue of such notice; provided that upon written request from the Concessionaire and the Lenders’ Representative, the Authority shall extend the aforesaid period of 180 (one hundred and eighty) days by a further period not exceeding 90 (ninety) days.

  • Train Operator Events of Default The following are Train Operator Events of Default:

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