Uncured Default Sample Clauses

Uncured Default. On an uncured default by JOC, City may terminate an issued Job Order or, at City’s discretion, may terminate this entire Agreement with JOC. City may complete the Work itself or procure its completion by a substitute Contractor and City shall retain all rights and remedies available to it arising from JOC’s default, as may be afforded by law or by equity.
AutoNDA by SimpleDocs
Uncured Default. In the event that any Default remains uncured one hundred eighty (180) days after a Notice of Default has been issued, and the uncured status is not excused as a Force Majeure Event, or because the Parties are engaged in arbitration, dispute resolution, implementation of a compliance plan or other mutually agreed resolution of the Default, the non-defaulting Party shall have the right to give notice to terminate this IRU Agreement pursuant to Section 21(g) of this IRU Agreement.
Uncured Default. An uncured Event of Default by Company.
Uncured Default. If a Member fails to perform any of its material obligations (a "Defaulting Member") under this Agreement or any of the Associated Agreements (an "Event of Default"), then the other Member (a "Nondefaulting Member") shall have the right to give the Defaulting Member notice (a "Notice of Default"). The Notice of Default shall set forth the nature of the obligations which the Defaulting Member has failed to perform. If the Defaulting Member shall dispute whether an Event of Default has occurred, or the amount of the loss, damage, cost of expense incurred by the Nondefaulting Member as a consequence of an Event of Default, the matter shall promptly be submitted to the dispute resolution procedure set forth in Section 12.17 hereof. If the Defaulting Member fails to cure the Event of Default within thirty (30) days of the later of (1) receipt of the Nondefaulting Member's Notice of Default in compliance with this Section, or (2) a determination pursuant to the dispute resolution procedure set forth in Section 12.17, then an "Uncured Default" shall be deemed to have occurred. If an Uncured Default occurs, the LLC shall be dissolved upon written notice (a "Termination Notice") by the Nondefaulting Member (also a "TO Member") of its desire to terminate the LLC, which notice shall be delivered, if at all, within sixty (60) days following the occurrence of the Uncured Default. Upon the delivery and receipt of the Termination Notice (the "Applicable Date"), the TO Member shall be entitled to receive a payment from the Defaulting Member equal in amount to the Termination Transition Fee, which fee shall be payable within thirty days after the Applicable Date.
Uncured Default. An Event of Default by Contractor that is not timely cured.
Uncured Default. City shall not be obligated to provide any credits under this Section
Uncured Default. By the non-defaulting party upon thirty (30) days prior written notice to the defaulting party in the event of a Default;
AutoNDA by SimpleDocs
Uncured Default. It is the intention of the parties that this --------------- Agreement may be terminated only for just cause in strict accordance with the provisions contained herein regarding the respective parties' right to written notice of a claimed default and the opportunity to cure same. In the event either party defaults under this Agreement (see subparagraphs B.8, C.5, and C.10.) in any material respect, the party adversely affected by such non-performance (the "Non-Defaulting Party") shall provide written notice to the non-performing party (the "Defaulting Party"), which notice shall set forth, with reasonable specificity, the facts providing the basis for the default. Upon receipt of such notice, the Defaulting Party shall have a period of ninety (90) days to cure such default, unless such default is of a nature were it is impossible or impractical to cure such default within such 90 day time period, in which case, the Defaulting party shall commence to cure such default within the 90 day period and proceed with reasonable diligence to prosecute such efforts to conclusion. In the event of such cure within 90 day time period or the commencement of such cure efforts, the parties shall be restored to their original positions as if such default had not occurred. If, however, the Defaulting Party fails or is unable to cure or commence to cure the default as set forth herein, the Non-Defaulting Party may, by an additional written notice to the Defaulting Party, terminate this Agreement, with such termination to be effective thirty (30) days after the date of such second notice letter.
Uncured Default. City shall not be obligated to provide any credits under this Section 8.08 to any Signatory Airline that has failed to cure an event of default under Section 18.01 within the applicable notice and cure period so long as such default remains uncured.

Related to Uncured Default

  • Termination and Default Either party, upon determination that the other party has failed or refused to perform or is otherwise in breach of any obligation or provision under this Agreement or the Contract Document, may give written notice of default to the defaulting party in the manner specified for the giving of notices herein. Termination of this Agreement by either party for any reason shall have no effect upon the rights or duties accruing to the parties prior to termination.

  • Existing Defaults No Loan Party is in default in the performance, observance or fulfillment of any of the obligations, contained in any Contractual Obligation applicable to it, and no condition exists which, with or without the giving of notice or the lapse of time, would constitute a default under such Contractual Obligation, except, in any such case, where the consequences, direct or indirect, of such default or defaults, if any, could not reasonably be expected to have a Material Adverse Effect on the Loan Parties, taken as a whole.

  • No Default or Event of Default No Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the Extension of Credit to be made on such date unless such Default or Event of Default shall have been waived in accordance with this Agreement.

  • Default H-GAC may, by written notice of default to the Contractor, terminate the whole or any part of the Agreement, in any one of the following circumstances:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!