Breach of Obligations definition

Breach of Obligations. CEAC fails to observe or perform any of its other obligations and/or undertakings under the Agreement including compliance with Clause 10 (Conditions) Material adverse change any event or series of events occurs whether related or not which could reasonably be expected to materially and adversely affect the ability of CEAC to perform any of the obligations under the Agreement including its bankruptcy. Rapidations CEAC repurchates the Agreement
Breach of Obligations any Obligor shall fail in any respect which (except in the case of Clauses 21.7 (Negative pledge) and 21.9 (Financial covenants)) is material in the context of the Finance Documents to comply with any other provision of the Finance Documents and, except in the case of Clause 21.8 (Disposals) and 21.9 (Financial covenants), such failure (if capable of remedy) shall continue unremedied for a period of twenty-one days after the Company shall have received notice from the Agent requiring the default to be remedied; or
Breach of Obligations means failure by a party to fulfil one or more of its contractual obligations.

Examples of Breach of Obligations in a sentence

  • Notification of the Issuer) through 15 (Breach of Obligations by the Issuer) of this Agreement shall continue to apply after a Foreclosure Event has occurred.

  • Clauses 12 (Acceptance, Safekeeping, and Review of Documents; Notification of the Issuer) through 15 (Breach of Obligations by the Issuer) of this Agreement shall continue to apply after a Foreclosure Event has occurred.

  • Clauses 12 (Acceptance, Safekeeping and Review of Documents; Notification of the Issuer) through 14 (Breach of Obligations by the Issuer) shall continue to apply after the Foreclosure Event has occurred.

  • Any Borrower or Guarantor shall bear any Damages incurred by the Lender that arise as a result of a Breach of Obligations by Borrower, Etc.

  • Limited Remedies for Breach of Obligations (Other than Non-Payment) 30 Section 5.04.

  • Notification of the Issuer) through 14 (Breach of Obligations by the Issuer) shall continue to apply after the Foreclosure Event has occurred.

  • The Borrower shall bear any Loss arising with respect to a Lender or the Agent as a result of the Borrower’s Breach of Obligations or as a result of a Lender not performing indemnity pursuant to the provisions of Clause 25.4.

  • In particular, the following shall be considered as a Substantial Breach of Obligations stipulated in the Contract for Work or these Business Conditions: Contractor’s default with fulfilling the obligation: to timely and properly deliver the Work to Customer by more than 15 business days; arising from liability for defective Work; bankruptcy proceeding is commenced with the Contractor.

  • The Sections entitled "Covenant Not to Solicit," "Remedies for Breach of Obligations Under the Restrictive Covenant Above," and “Non-Disparagement,” each as set forth in the 2012 Agreement, are incorporated by reference herein, and the covenant not to solicit shall apply during the Consulting Period and for a period of twelve (12) months thereafter and the non-disparagement provision shall apply for a period of four (4) years from the date hereof.

  • Notwithstanding any other provisions of this Agreement, no amounts under the Senior Facilities or the Junior Facilities may be drawn following an Event of Default arising pursuant to clause 29.22 (Breach of Obligations in relation to FPSO) or during an FPSO Funding Deficiency.