Termination For Default By Company Sample Clauses

Termination For Default By Company. Subject to the lender protection provisions of Section 2.18, if default is made by Company as described in Section 2.14.1 hereinabove, and such default is not cured as provided in Sections 2.14.1 and 2.14.2, Lessor shall provide Company with an additional written notice thereof and if such failure to cure continues for an additional period of sixth (60) days. Lessor shall be entitled to pursue any and all rights and remedies which it may have under this Agreement or at law or in equity, including, without limitation, the right to terminate this Agreement. All of such rights and remedies shall be cumulative and not alternative.
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Termination For Default By Company. In the event termination is due to a default by Company, the County shall provide Company notice of the default and a reasonable opportunity to cure such default, but any default shall be corrected in not more than thirty
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Termination For Default By Company. In the event termination is due to a default by Company, the County shall provide Company notice of the default and a reasonable opportunity to cure such default. Any such default that affects public health and safety shall be corrected immediately, at a timeframe specified by the County Manager, and all other default(s) shall be corrected in not more than thirty (30) days after Company’s receipt of written notice. At all times, Company shall provide prompt written to notice of County of any inability or failure to fulfill any contractual obligations under this Agreement for any reason whatsoever, upon which the County may declare Company in default for any material breaches of this Agreement, and the County may also declare default upon its discovery of any material breaches of this Agreement. The County shall determine whether any such breach is “material,” in its reasonable discretion; if the Company disputes such determination, the County and the Company shall submit their dispute to mediation.
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Termination For Default By Company. Subject to the lender protection provisions of Section 2.19 (entitled FINANCING) below, if default is made by Company as described in Section 2.15.1 or 2.15.2 hereinabove, and such default is not cured as provided in such sections, County may elect to terminate this Agreement with thirty (30) days' written notice to Company.
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Related to Termination For Default By Company

  • Termination for Default The County may, by written notice to the Contractor terminate this contract for default in whole or in part (delivery orders, if applicable) if the Contractor fails to:

  • Termination by Default If the Bank is in default (as defined in Section 3(x)(1) of the Federal Deposit Insurance Act (12 U.S.C. Section 1813(x)(1)), all obligations under this Agreement shall terminate as of the date of default, but any vested rights of the Executive shall not be affected.

  • Termination Upon Event of Default If Foothill terminates this Agreement upon the occurrence of an Event of Default, in view of the impracticability and extreme difficulty of ascertaining actual damages and by mutual agreement of the parties as to a reasonable calculation of Foothill's lost profits as a result thereof, Borrower shall pay to Foothill upon the effective date of such termination, a premium in an amount equal to the Early Termination Premium. The Early Termination Premium shall be presumed to be the amount of damages sustained by Foothill as the result of the early termination and Borrower agrees that it is reasonable under the circumstances currently existing. The Early Termination Premium provided for in this Section 3.7 shall be deemed included in the Obligations.

  • Default Termination a. In the event that the Property has been sold contrary to or any person bids in contravention of the provisions in Clause 4 above, then such sale shall be cancelled and become null and void and of no further effect wherein all monies paid by the Purchaser hitherto including the Deposit shall be forfeited absolutely and immediately.

  • Termination upon Material Breach Notwithstanding the foregoing, a Party may terminate this Agreement if any other Party materially breaches a material provision of this Agreement and such material breach is not cured (i) within thirty (30) days after being given notice of the breach in the case of a material breach of an obligation to make payment hereunder or (ii) within sixty (60) days after being given notice of the breach in the case of any other material breach.

  • Right to Terminate Following Event of Default If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party (the “Non-defaulting Party”) may, by not more than 20 days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Transactions. If, however, “Automatic Early Termination” is specified in the Schedule as applying to a party, then an Early Termination Date in respect of all outstanding Transactions will occur immediately upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(1), (3), (5), (6) or, to the extent analogous thereto, (8), and as of the time immediately preceding the institution of the relevant proceeding or the presentation of the relevant petition upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(4) or, to the extent analogous thereto, (8).

  • Notification of Event of Default Borrower shall notify Agent immediately of the occurrence of any Event of Default.

  • Events of Default and Termination Events (i) The following provisions of Section 5 will not apply to either Party A or Party B: Section 5(a)(ii) Section 5(a)(iii) Section 5(a)(iv) Section 5(a)(v) Section 5(a)(vi) Section 5(b)(iii) Section 5(b)(iv)

  • Termination Upon Default Either Party may terminate this Agreement in whole or in part in the event of a default by the other Party; provided however, that the non-defaulting Party notifies the defaulting party in writing of the alleged default and that the defaulting Party does not cure the alleged default within sixty (60) calendar days of receipt of written notice thereof. Default is defined to include:

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