Town Default Sample Clauses

Town Default. In the event of Town’s Material Default of any of provisions of this Agreement (after notice and a thirty (30) day opportunity to cure), Developer shall be entitled to terminate this Agreement and shall have all rights and remedies at law or in equity.
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Town Default. The failure of the Town to observe or perform any of the Town’s covenants, agreements, or obligations hereunder to be performed after the Closing pursuant to Article 2 hereof, within sixty (60) days following receipt of written notice from the Developer, specifying such failure, or such longer period reasonably required to cure the breach, provided the cure is commenced reasonably promptly after receipt of said notice and continuously and diligently prosecuted to completion (said cure period, the “Town Cure Period”), shall constitute a “Town Default” for purposes of this Agreement.
Town Default a. Developer may, at its option, terminate this Agreement pursuant to Section 3.2 herein, and/or exercise any other remedies that may be provided by law or in equity, in the event of a Town Default of this Agreement, upon thirty (30) business days' prior written notice and subject to the cure periods set forth herein.
Town Default. The occurrence of any one or more of the following, beyond any applicable notice and cure period, shall constitute a "Town Default".
Town Default. Each of the following is a Town default of this Agreement: 1. If the Town fails to perform any of its obligations under this Agreement other than its obligation to pay the expenses and fees of the Project and fails to remedy the same within 30 days after the Town is given a written notice specifying the same; provided that, if the nature of the violation is such that it cannot reasonably be remedied within 30 days, and the Town provides evidence to Developer that the violation cannot reasonably be remedied within 30 days, then the violation shall be remedied as soon as reasonably practicable, but in any case, within 90 days of the original notice of violation. 2. If the Town fails to pay any amount owed to Developer under this Agreement within 30 days after the date such payment is due.
Town Default. Town’s failure to deliver, or cause its franchisee to deliver, waste to the Landfill for a period of seven consecutive days or an aggregate of 15 days per calendar year, is a default under this Agreement unless caused by uncontrollable circumstances.

Related to Town Default

  • Termination; Default We may reduce the Credit Limit or terminate your ability to receive further credit under this Agreement at any time without notice. You may terminate your ability to receive further credit under this Agreement by giving us notice of termination and returning to us all Cards and Credit Devices. Termination by you will be effective on the date we receive written notice from you along with the Cards and Credit Devices (unless they are lost or stolen, in which case you agree to sign an affidavit to that effect and stating that no credit received after the date of loss or theft was authorized by you).

  • 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: (a) A Party's insolvency or the initiation of bankruptcy or receivership proceedings by or against the Party; or (b) A Party's refusal or failure in any material respect properly to perform its obligations under this Agreement, or the violation any of the material terms or conditions of this Agreement.

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