VENDOR DEFAULT. 17.1 If a Vendor does not comply with the User Agreement and Sale Terms, the Vendor Terms and Conditions (if applicable), or the Contract of Sale, the Purchaser will notify AuctionsPlus and the Selling Agent within 48 hours of the Auction or on becoming aware.
VENDOR DEFAULT. 7.1 The following shall be considered a vendor default under this Contract.
7.1.1 Failure to provide Contract Items in accordance with the requirements contained herein.
7.1.2 Failure to comply with other specifications and requirements contained herein.
7.1.3 Failure to comply with any laws, rules, and ordinances applicable to the Contract Services provided under this Contract.
7.1.4 Failure to remedy deficient performance upon request.
7.2 The following remedies shall be available to Agency upon default.
7.2.1 Immediate cancellation of the Contract.
7.2.2 Immediate cancellation of one or more release orders issued under this Contract.
7.2.3 Any other remedies available in law or equity.
VENDOR DEFAULT. If the Vendor does not attend at the place of closing at the Time of Closing, or fails for any reason whatsoever to produce and deliver to the Purchaser the certificates representing the Purchased Shares duly endorsed in blank for transfer (or, if the Depositary holds such certificates pursuant to Article 9, an acknowledgement that the Depositary holds such certificates for the Purchaser) at or prior to the time payment of the Purchase Price therefor is required to be made, then the Purchase Price shall be deposited at the time otherwise provided for its payment into a special account in the name of the Vendor at the branch of the principal Canadian chartered bank (the "Bank") primarily utilized by the Corporation. Such deposit shall constitute valid and effective payment to the Vendor of the Purchase Price and shall result in title to the Purchased Shares passing to the Purchaser, even if the Vendor has voluntarily sold or pledged any of the Purchased Shares, and notwithstanding that certificates representing any of the Purchased Shares may have been delivered to an authorized pledgee, a transferee or other person. If any of the Purchased Shares have been pledged to an authorized pledgee to secure obligations or indebtedness of the Vendor, the Purchaser may, at its option, in lieu of depositing the Purchase Price as aforesaid, pay all or any part of the Purchase Price to the authorized pledgee to the extent required to discharge such obligations or indebtedness and receive the certificates representing the Purchased Shares from the authorized pledgee and deposit the remainder, if any, of the Purchase Price as aforesaid.
VENDOR DEFAULT. The occurrence of any one or more of the following matters constitutes a default by the Vendor under this contract (a “Vendor Default”):
4.28.1. The Vendor becomes insolvent or generally fails to pay, or admits in writing its inability or unwillingness to pay, its debts as they become due;
4.28.1.1. The Vendor shall commence or consent to any case, proceeding or other action (a) seeking reorganization, arrangement, adjustment, liquidation, dissolution or composition of the Vendor or of the Vendor’s debts under any law relating to bankruptcy, insolvency, reorganization or relief of debts, or (b) seeking appointment of a receiver, trustee or similar official for the Vendor or for all or any part of the Vendor’s property;
4.28.1.2. Any case, proceeding or other action against the Vendor shall be commenced (a) seeking to have an order for relief entered against the Vendor as debtor, (b) seeking reorganization, arrangement, adjustment, liquidation, dissolution or composition of the Vendor or the Vendor’s debts under any law relating to bankruptcy, insolvency, reorganization or relief of debtors, or (c) seeking appointment of a receiver, trustee, or similar official for the Vendor or for all or any part of the Vendor’s property;
4.28.1.3. The breach of any representation, certification or warranty made by the Vendor herein or the Vendor’s failure to comply with any provision of this contract; or
4.28.1.4. The Vendor’s attempts to assign, convey or transfer this contract or any interest herein without the Agency’s prior written consent.
4.28.2. Upon the occurrence of a Vendor Default, the Agency may, without prejudice to any other right or remedy it may have under this contract or at law and/or in equity, terminate the contract and/or the Vendor’s right to perform Services under this contract. In either such case, the Agency may finish the Services by whatever method it may deem expedient. Any damages incurred by the Agency as a result of any such Vendor Default shall be borne by the Vendor at its sole cost and expense, shall not be payable as part of the contract amount, and shall be reimbursed to the Agency by the Vendor upon demand.
VENDOR DEFAULT. Any one or more of the following shall constitute an Event of Default (“Event of Default”) if during the Voucher Compliance Term the default shall have continued for thirty (30) days after the earlier of (1) delivery to the Purchaser of written notice thereof from the Authority or (2) the Purchaser’s actual or constructive knowledge of such default. However, if such default is capable of cure, but cannot be cured by payment of money or by diligent efforts within such thirty (30) day period, but such diligent efforts are properly commenced within the cure period and the Purchaser is diligently pursuing, and shall continue to pursue diligently, remedy of such failure, the cure period shall be extended for a reasonable period of time as determined by the Authority for Vendor to cure such default. Notwithstanding the foregoing, if such default is not cured within the initial or extended cure period, the Authority may terminate this Agreement at the conclusion thereof and avail itself of the additional remedies in Section 10 of this Agreement.
a) If Vendor has breached or failed to perform in any material respect any term or condition under this Agreement.
b) If any representation or warranty made by Vendor herein, in the application for participation in the Program, or, in any report, certification, financial statement or other instrument furnished in connection with the subject matter of this Agreement is false, misleading or inaccurate in any material respect.
c) The failure of Vendor to timely submit the documents, materials, and information required to be submitted pursuant to this Agreement.
d) The Authority has made a determination of debarment as to Vendor pursuant to its debarment/disqualification regulations set forth in N.J.A.C. 19:30-2.1 et seq. as amended from time to time.
e) If the Vendor has ceased to operate its business without prior written notice to the Authority.
f) If the Vendor sells, assigns or otherwise transfers its rights and obligations under the Agreement, without the prior written consent of the Authority.
VENDOR DEFAULT. 7.1 The following shall be considered a vendor default under this Contract.
7.1.1 Failure to provide Contract Items in accordance with the requirements contained herein.
7.1.2 Failure to comply with other specifications and requirements contained herein.
7.1.3 Failure to comply with any laws, rules, and ordinances applicable to the Contract Services provided under this Contract.
7.1.4 Failure to remedy deficient performance upon request.
7.2 The following remedies shall be available to University upon default.
7.2.1 Immediate cancellation of the Contract.
7.2.2 Immediate cancellation of one or more release orders issued under this Contract.
7.2.3 Any other remedies available in law or equity. MU21SIGN Page 38 000000207411 PARIS SIGNS Active Inactive VC0000051997 PARIS SIGNS Active Inactive No From 1 to 2 of 2 First Prev Next Last A ttachments Save U ndo Delete Insert Copy Paste S earch PARIS SIGNS Active Complete Inactive Incomplete PARIS SIGNS 06/04/2021 PARIS INCORPORATED 000000209599 EIN 000000000 No EIN No Corporation Company Direct Payments Check REG
VENDOR DEFAULT. Customer may terminate this agreement and the license granted hereunder in the event of a breach by Vendor of any of Vendor's warranties or a breach by Vendor of any other term or condition of this agreement, unless Vendor shall have cured the breach within twenty (20) days after notice of such breach given by Customer to Vendor.
VENDOR DEFAULT. If any of the Vendors defaults in any material respect in the performance of any of their obligations under this agreement prior to or on the Completion Date, the Purchaser may, in the case of a default which is capable of remedy, after giving to the Vendors not less than 10 Business Days' written notice of such default requiring the Vendors to remedy the default and the default not having been remedied within that period or, in the case of a default not capable of remedy, immediately, exercise all or any of the following, without prejudice to any other rights which the Purchaser may have (including any rights under clause 8.3):
(a) Cancel this agreement by written notice to the Vendors, in which event the Vendors shall immediately repay to the Purchaser any money paid on account of the Purchase Price.
(b) Sue thx Xendors for specific performance.
VENDOR DEFAULT. If any of the Vendors, for reasons other than the conditions set forth in clause 2.2 not being fulfilled, fail to close the sale on the Closing Date in accordance with their obligations under clause 6, the Purchaser may:
VENDOR DEFAULT. If any of the Vendors, for reasons other than the conditions set forth in clause 2.2 not being fulfilled, fail to close the sale on the Closing Date in accordance with their obligations under clause 6, the Purchaser may:
(a) Capable of Remedy: in the case of a default which is capable of remedy, after giving to the Vendors not less than 10 Business Days’ written notice of such default requiring the Vendors to remedy the default and the default not having been remedied within that period, terminate this Agreement by written notice to the Vendors without prejudice to any other rights which the Purchaser may have; or
(b) Not Capable of Remedy: in the case of a default not capable of remedy, immediately terminate this Agreement by written notice to the Vendors without prejudice to any other rights which the Purchaser may have.
