Termination on Authority Default Sample Clauses

Termination on Authority Default. If an Authority Default occurs and the Contractor wishes to terminate this Contract, the Contractor must serve a Termination Notice on the Authority within thirty (30) Business Days after becoming aware of the Authority Default. The Termination Notice must specify the type of Authority Default which has occurred entitling the Contractor to terminate. This Contract will terminate on the Day falling thirty (30) Business Days after the date the Authority receives the Termination Notice, unless the Authority rectifies the Authority Default within thirty (30) Business Days after receipt of the Termination Notice.
AutoNDA by SimpleDocs
Termination on Authority Default. If an Authority Default has occurred and the Contractor wishes to terminate this Agreement, the Contractor must serve a termination notice (the Contractor Termination Notice) on the Authority within thirty (30) Business Days of becoming aware of the Authority Default. The Contractor Termination Notice must specify the type of Authority Default which has occurred entitling the Contractor to terminate. This Agreement will terminate on the day falling thirty (30) Business Days after the date the Authority receives the Contractor Termination Notice, unless the Authority rectifies the Authority Default within twenty (20) Business Days of receipt of the Contractor Termination Notice. Termination on Contractor Default Subject to clause 41.4 (Rectification), the Authority shall be entitled to terminate this Agreement by notice in writing to the Contractor if a Contractor Default has occurred. On termination the Authority may require the Contractor to transfer all of its rights, title and interest in and to the Assets to the Authority.
Termination on Authority Default. 24.2.1 If an Authority Default has occurred and the Operator wishes to terminate this Agreement, the Operator must serve a termination notice (the “Operator Termination Notice”) on the Authority within thirty (30) Business Days of becoming aware of the Authority Default.
Termination on Authority Default. If an Authority Default has occurred and the Service Provider wishes to terminate this Contract:
Termination on Authority Default. The Academy acknowledges that the rights of the Contractor to terminate exists in the event that the Authority defaults under the D&B Contract. If the Contractor threatens such termination the Parties to this Agreement shall consult promptly with a view to taking such action as is appropriate particularly having regard to the rights available to the Authority to remedy any breach that has arisen.
Termination on Authority Default. 104 44. COMPENSATION ON TERMINATION FOR AUTHORITY DEFAULT/VOLUNTARY TERMINATION ................................................................................................................ 104 45. COMPENSATION ON TERMINATION FOR OPERATOR PARTNER DEFAULT AND CORRUPT GIFTS AND FRAUD ...................................................................................... 105 46. RETENDERING PROCESS 105 47. COMPENSATION ON TERMINATION FOR FORCE MAJEURE 106 48. ASSETS 107 49. MISCELLANEOUS COMPENSATION PROVISIONS 107 50. METHOD OF PAYMENT 108 51. EXIT MANAGEMENT 109 52. SURVEYS ON EXPIRY AND RETENTION FUND 111 53. CONTINUING OBLIGATIONS 113 PART 8 - INTELLECTUAL PROPERTY, DATA AND CONFIDENTIALITY 114 54. INTELLECTUAL PROPERTY 114 55. DATA PROTECTION 116 56. CONFIDENTIALITY 119 57. FREEDOM OF INFORMATION 121 58. PUBLICITY AND BRANDING 123 99120273.1\kp072 PART 9 - GENERAL 124 59. TUPE AND EMPLOYEES 124 60. PENSIONS 131 61. ASSIGNMENT AND SUBCONTRACTING 136 62. CHANGE IN OWNERSHIP 138 63. WAIVER AND CUMULATIVE REMEDIES 139 64. RELATIONSHIP OF THE PARTIES 139 65. SEVERANCE 139 66. FURTHER ASSURANCES 140 67. ENTIRE AGREEMENT 140 68. THIRD PARTY RIGHTS 140 69. NOTICES 140 70. DISPUTE RESOLUTION 141 71. SOLE REMEDY 146 72. NO DOUBLE RECOVERY 147 73. COUNTERPARTS 147 74. CAPACITY 147 75. INTEREST ON LATE PAYMENT 147 76. GOVERNING LAW AND JURISDICTION 147 SCHEDULE 1 - SERVICES SPECIFICATION 148 SCHEDULE 2 - SERVICE DELIVERY PROPOSALS 149 SCHEDULE 3 - FACILITIES 150 SCHEDULE 4 - SITE PLANS 151 SCHEDULE 5 - PPM 152 SCHEDULE 6 - COLLATERAL WARRANTIES 153 PART 1 - WARRANTY FROM THE OPERATOR PARTNER'S FM CONTRACTOR 153 APPENDIX 1 - FORM OF DEED OF NOVATION 162 PART 2 - WARRANTY FROM THE OPERATOR PARTNER'S LEISURE OPERATOR 166 APPENDIX 1 - FORM OF DEED OF NOVATION 175 SCHEDULE 7 - REVIEW PROCEDURE 179 SCHEDULE 8 - PROHIBITED MATERIALS 184 SCHEDULE 9 – NOT USED 185 SCHEDULE 10 - WARRANTED DATA 186 PART 1 - OPERATOR PARTNER WARRANTED DATA 186 99120273.1\kp073 PART 2 - PROPOSED WORKFORCE INFORMATION 187 SCHEDULE 11 - PROJECT DOCUMENTS AND ANCILLARY DOCUMENTS ........................... 188 PART 1 - PROJECT DOCUMENTS ................................................................................ 188 PART 2 - ANCILLARY DOCUMENTS 188 SCHEDULE 12 - TITLE MATTERS 189 PART 1 - TITLE WARRANTIES 189 PART 2 - DISCLOSED TITLE MATTERS 190 PART 3 - REPLIES TO ENQUIRIES 191 PART 4 - DISCLOSED SEARCHES 192 SCHEDULE 13 - INSURANCES
Termination on Authority Default. If an Authority Default has occurred and the Contractor wishes to terminate this Contract, the Contractor must serve a termination notice (the “Contractor Termination Notice”) on the Authority within thirty (30) Business Days after becoming aware of the Authority Default. The Contractor Termination Notice must specify the type of Authority Default which has occurred entitling the Contractor to terminate. This Contract will terminate on the day falling thirty (30) Business Days after the date the Authority receives the Contractor Termination Notice, unless the Authority rectifies the Authority Default within twenty (20) Business Days after receipt of the Contractor Termination Notice. Compensation on Termination for Authority Default On termination of this Contract under clause 33.1 (Termination on Authority Default), the Authority shall pay to the Contractor the Contractor Breakage Costs in accordance with clause 39 (Method of Payment) on the Termination Date. On termination under this clause 33.1 (Termination on Authority Default), the Authority shall have the option to require the Contractor to transfer all of its right, title and interest in and to the Contractor Assets to the Authority or as directed by the Authority.
AutoNDA by SimpleDocs

Related to Termination on Authority Default

  • Termination on Default The Authority may terminate this Framework Agreement by serving written notice on the Supplier with effect from the date specified in such notice where the Supplier commits a Material Default and if:

  • 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:

  • H2 Termination on Default H2.1 The Authority may terminate the Contract by written notice in accordance with clause A5.2 (Notices) to the Contractor with immediate effect if the Contractor commits a Default and if:

  • Authority Event of Default Any of the following events shall constitute an event of default by the Authority ("Authority Event of Default”), when not caused by a Developer Event of Default:

  • 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.

  • Remedies Upon an Event of Default If an Event of Default shall have occurred and shall be continuing, the Holder of this Note may at any time at its option, declare the entire unpaid principal balance of this Note, together with all interest accrued hereon, due and payable, and thereupon, the same shall be accelerated and so due and payable; provided, however, that upon the occurrence of an Event of Default described in Section 3.1(f), without presentment, demand, protest, or notice, all of which are hereby expressly unconditionally and irrevocably waived by the Borrower, the outstanding principal balance and accrued interest hereunder shall be automatically due and payable. In addition, if an Event of Default shall have occurred and be continuing, the Holder may exercise or otherwise enforce any one or more of the Holder’s rights, powers, privileges, remedies and interests under this Note or applicable law and institute such actions or proceedings in law or equity as it shall deem expedient for the protection of its rights and may prosecute and enforce its claims against all assets and property of the Borrower, and in connection with any such action or proceeding shall be entitled to receive from the Borrower, payment of the principal amount of this Note plus accrued interest to the date of payment plus reasonable expenses of collection, including, without limitation, attorneys' and experts' fees and expenses. No course of delay on the part of the Holder shall operate as a waiver thereof or otherwise prejudice the right of the Holder. No remedy conferred hereby shall be exclusive of any other remedy referred to herein or now or hereafter available at law, in equity, by statute or otherwise.

  • Notice of Event of Default If the Mortgagee shall have Actual Knowledge of an Event of Default or of a Default arising from a failure to pay Rent, the Mortgagee shall give prompt written notice thereof to the Owner Trustee, the Owner Participant, Lessee, and each Note Holder. Subject to the terms of Sections 2.13, 4.03, 4.04, 4.08, 5.02 and 5.03 hereof, the Mortgagee shall take such action, or refrain from taking such action, with respect to such Event of Default or Default (including with respect to the exercise of any rights or remedies hereunder) as the Mortgagee shall be instructed in writing by a Majority in Interest of Note Holders. Subject to the provisions of Section 5.03, if the Mortgagee shall not have received instructions as above provided within 20 days after mailing notice of such Event of Default to the Note Holders, the Mortgagee may, subject to instructions thereafter received pursuant to the preceding provisions of this Section 5.01, take such action, or refrain from taking such action, but shall be under no duty to take or refrain from taking any action, with respect to such Event of Default or Default as it shall determine advisable in the best interests of the Note Holders; PROVIDED, HOWEVER, that the Mortgagee may not sell the Aircraft or any Engine without the consent of a Majority in Interest of Note Holders. For all purposes of this Trust Indenture, in the absence of Actual Knowledge on the part of the Mortgagee, the Owner Trustee or the Owner Participant, the Mortgagee, the Owner Trustee or the Owner Participant, as the case may be, shall not be deemed to have knowledge of a Default or an Event of Default (except, in the case of the Mortgagee, the failure of Lessee to pay any installment of Basic Rent within one Business Day after the same shall become due, if any portion of such installment was then required to be paid to the Mortgagee, which failure shall constitute knowledge of a Default) unless notified in writing by Lessee, the Owner Trustee, the Owner Participant or one or more Note Holders.

  • Developer Event of Default Any of the following events shall constitute an event of default by the Developer ("Developer Event of Default") unless such event has occurred as a result of a Force Majeure Event or the Authority Event of Default or any governmental action for reasons other than any breach, default or lapse on the part of the Developer:

  • H DEFAULT, DISRUPTION AND TERMINATION H1 Termination on insolvency and change of control H1.1 The Client may terminate the Contract with immediate effect by notice in writing where the Contractor is a company and in respect of the Contractor:

  • 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”):

Time is Money Join Law Insider Premium to draft better contracts faster.